Austin, TX · Member since 2017 · 27 posts · 5 votes
Hi, So I am trying to get a list without using Listsource, I got a list of tax delinquent from my county. The list was huge 5000 names on it I put some filters on excel to bring down the list most streamlined.
This is what I have done so far:
if total due less than 1000 dollars-> take off the list
if current year due more than total due-> take off the list
keep only if two years in a row back in their taxes
Then the list was still pretty high, I chose to focus on row land only as I am located in a hot market (Austin), the list is now about 500 names on it. I want to even streamlined it more this way i could focus on some other counties as well.
Here is my question did the choices I made were good to have an efficient list? Also do you have any idea of other filters I could add?
Mechanicsburg, PA · Member since 2013 · 3k+ posts · 2k+ votes
9y
@William Boyce You have gotten a 5,000 list to 500, congrats, why not mail to all 500? Response rate may be only 1% to 5%.
I usually weed out properties where the upset price exceeds the assessed value like $100,000 owed on taxes and property is worth $75,000, not interested.
You might want to weed out on type of property, you interested in industrial like abandoned steel mill? or commercial, if not exclude those.
There are so many different factors that can streamline the list.
Austin, TX · Member since 2017 · 27 posts · 5 votes
9y
Thank you David Krulac this was really helpful. I don't know why I did not think of that earlier regarding the appraisal value being less than the total due. I will make sure to add that. Also I am a Newbie, my commun sense would tell me to only focus on land as the market is so hot here in Austin that the value of the land is sometimes higher than the value of the asset on it, would that make any sense to you?
Thank you for your help.