Tax Delinquent Properties
Hi hopefully this is the right forum for this post.
I just recently received a list of tax delinquent properties in my county and I had some questions about how someone uses the info.
First and foremost I'm new to REI and have not done my first deal yet. Is this a viable strategy for someone to get started with or am I getting way in over my head as a first timer?
Second, my county says they update the list weekly but I'm confused as to why they do it. If taxes are due only once a year why will they update weekly? Should I bother checking with these updates or can I assume the data I have will last me until next tax season?
Lastly, does have anyone have any suggestions/tips on how to use this data? Most of what I read online is to use direct mail marketing. What indicators would you look for to find the hottest leads?
I would love to hear of any success stories of someone who's done this. I would be grateful for any info at all on the subject!