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Updated almost 6 years ago on . Most recent reply

Keleigh Felder's profile image
Keleigh Felder's profile image
Keleigh Felder
  • Real Estate Investor
  • from Houston, Texas
  • Member since Apr 2, 2014
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Keleigh Felder's profile image
Keleigh Felder's profile image
Keleigh Felder
  • Real Estate Investor
  • from Houston, Texas
  • Member since Apr 2, 2014
Connect
Keleigh Felder
  • Real Estate Investor
  • Houston, TX
4
Votes |
20
Posts
Real Estate Deal Analysis & Advice

Delinquent Taxes

Keleigh Felder
  • Real Estate Investor
  • Houston, TX
Posted

Yay! I got my first call from a bandit sign.

Boo! Delinquent taxes are at least $54K

My (conservative) ARV estimate is about $77K

I haven't set the appointment yet, but the seller says it needs a new roof and some float and tape work in the dining room area.

I feel like these numbers are cutting it too close, to call this a deal.

Any advice would be appreciated.

Thanks,

Keleigh

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Keleigh Felder's profile image
Keleigh Felder's profile image
Keleigh Felder
  • Real Estate Investor
  • from Houston, Texas
  • Member since Apr 2, 2014
Connect

User Stats

20
Posts
4
Votes
Keleigh Felder's profile image
Keleigh Felder's profile image
Keleigh Felder
  • Real Estate Investor
  • from Houston, Texas
  • Member since Apr 2, 2014
Connect
Keleigh Felder
  • Real Estate Investor
  • Houston, TX
4
Votes |
20
Posts
Keleigh Felder
  • Real Estate Investor
  • Houston, TX
Replied

Well, @Tyler Kaye , good luck on your next great find!

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