Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Tax Liens & Mortgage Notes
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 6 years ago on . Most recent reply

User Stats

71
Posts
25
Votes
Jason Layman
  • Spring Lake, NC
25
Votes |
71
Posts

Any advice on processing a tax delinquent list?

Jason Layman
  • Spring Lake, NC
Posted

I downloaded a tax delinquent list for a county Im interested in.  Not sure where to start in deciphering the data in terms of what Im going after.  Does anyone have and thoughts they would like to share in terms of scraping the data.  Do I look for high dollar amounts owed?  I am primarily interested in multifamily, but don't want to waste what I have if I can narrow down some single family opportunities.  I would not mind wholesaling some or doing some LO or some seller finance, its just not my primary goal.

Most Popular Reply

User Stats

12,317
Posts
14,911
Votes
John Underwood
#4 All Forums Contributor
  • Investor
  • Greer, SC
14,911
Votes |
12,317
Posts
John Underwood
#4 All Forums Contributor
  • Investor
  • Greer, SC
Replied

So many things to look at.

Put it in Excel if it's not already in that format.

I usually start by sorting on FMV and deleting ones too high and too low. I sort by tax map ID so that I get rid of areas of little interest. I usually ignore where one person owns 4 or more properties as this is usually a cash strapped investor that will pay at the last minute.

Properties that were transferred recently or has a new house also likely has a mortgage and the mortgage company will step in if the owner doesn't pay the taxes.

I keep pruning down my list till it is managable.

Then I start looking at them on the GIS system so that I can see what is (or was) on the property and the property lines. I then look at the Google street view.

I do all this to eliminate properties I wouldn't want then I drive by and look at every property that I might bid on.

Do not bid on anything that you have not personally seen!

  • John Underwood
  • Loading replies...