Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
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

All Forum Posts by: Account Closed

Account Closed has started 8 posts and replied 42 times.

Post: Experience with Wayne County (Detroit) Tax auction?

Account ClosedPosted
  • Astoria, NY
  • Posts 45
  • Votes 36

That is incredibly helpful info to know, thank you. Do you know what determines the exceptions?

If you have a link that explains the policy, I'd be very grateful for it.

Post: Experience with Wayne County (Detroit) Tax auction?

Account ClosedPosted
  • Astoria, NY
  • Posts 45
  • Votes 36

Hey all,

I'm a complete newb to BP and to real estate investing in general, but I've gone through over 10,000 properties scheduled for the 2015 foreclosure and am chugging along quickly. I'm only selecting properties in areas that have experienced growth (or have been highly recommended to me by a local) and that meet specific set of criteria (low back taxes, low property taxes, empty lots, proper zoning for improvement, etc). I'm hoping for a long-term return over the course of 15-20 years and will not need the money any time soon.

@Theodore B., I just need to clarify that I'm reading your comment correctly: the properties sold in the October round of auctions don't have back taxes attached to them? Like, any of the back taxes!? There are some buildings with $100,000+ - does that debt just disappear?