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Updated about 6 years ago,

User Stats

11
Posts
2
Votes
Miljan Vukovic
  • Chicago, IL
2
Votes |
11
Posts

Wholesaling - Targeting Tax Delinquent,Modern/Updated Homes

Miljan Vukovic
  • Chicago, IL
Posted

When looking at tax delinquent properties, does it make sense to cold call property owners who have taxes 6+ months overdue between$10k - $25K, but have brand new (last 2-4 years) homes with highend modern finishes? My thinking is that, even though these people have high overdue taxes, they probably have the money to cover these taxes eventually and won't be looking to sell a new/updated property. Additionally, will cash buyers be available for houses of $750 - $1.2mil purchases? I'm wondering if I should stick to/focus my time on more traditional "distressed" homes (not modern, need repairs), instead of tax delinquent, modern, updated homes. Thoughts? Let me know in comments if more detail/context is needed to this question.

Note, I am trying to structure my time to the best leads (quality vs. quantity) because I work a full-time job, so any better filtering and targeting I can do to create and close more deals the better. 

Thanks!
Mil