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Updated over 10 years ago on . Most recent reply

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18
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Alan King
  • Flipper/RE Agent
  • San Antonio, TX
9
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18
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Marketing to delinquent tax owners

Alan King
  • Flipper/RE Agent
  • San Antonio, TX
Posted

Hello,

For those of you marketing to owners with delinquent property taxes, have you had any success? I realize direct mail is a numbers game and consistency is key. I recently began my mailer campaigns and would love to hear your experience with mailing to this niche.

Most Popular Reply

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16,988
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13,336
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Ned Carey
  • Investor
  • Baltimore, MD
13,336
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16,988
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Ned Carey
  • Investor
  • Baltimore, MD
ModeratorReplied

Yes I have had success. I have had much better success by calling targeted properties rather than mailing but both have worked.

I will give you a specific example. I did a mailer and got a reply from an out of state owner. It was a boarded up, crappy property in a crappy neighborhood. She wanted $17K. I passed but was respectful and gave her some advice.

She called me back 6 months to a year latter and said she would give it to me at any price. She just wanted it out of her name. I said I needed to check on back taxes and fines. She said there are none. Sure enough she had been keeping up on her bills.

I wrote a contract for $50 and simply took it to auction and got $5,000. Didn't make a fortune but it was an easy deal.

  • Ned Carey
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