Can you Calculate your Return of Investment based on Tax Roll???

[Ruby Ruiz]

What do we think? Can we?

I spoke to an investor today about a great deal in San Antonio, TX. The property is listed for 195k and has an ARV of 350k-360k based on our comparables, and even then its a very conservative assumption. My investor did not pay attention to them at all, he only looked at the tax value, which happened to be 260K and quickly said "No." Is that ok? what are your thoughts on this....

Let me know!