Luke SmithModeratorSeptember 14, 2015 at 10:29 pmPost count: 1251
Been reading and studying this approach and sizing up the counties around me as well as all the ones in the neighboring states around me too. Started a spreadsheet trying to rank them before digging deeper. What would you look for to add to your ranking?
It is really amazing how user friendly some of their websites are to this approach compared to others.
One county I am eying has their taxes due updated to the hour. Name and address of the delinquent tax payer, easy to mail an offer with that kind of data.
Wondering if they are horrible in other ways like closing their transactions?Kevin RhatiganParticipantSeptember 17, 2015 at 11:47 amPost count: 107
We live in Colorado Springs and there seem to be some great counties within a 3 hour drive of both CO Springs and Denver.Low entry price, fairly good tax lien sale activity, proximity to recreation activities and scenic areas.
Do you recommend starting close to home in the beginning?
Or should we immediately look outside our home state? (Such as northern Nevada and west Texas)S. Jack ButalaParticipantSeptember 17, 2015 at 12:04 pmPost count: 99Kevin RhatiganParticipantSeptember 18, 2015 at 8:43 amPost count: 107
How did it go with CoreLogic yesterday? Looking for direction on whether it is best to go with them.ClaireParticipantSeptember 18, 2015 at 9:32 pmPost count: 138Jill DeWitParticipantSeptember 21, 2015 at 4:50 pmPost count: 436
You are correct in thinking ahead of time about what criteria is important in selecting a county. We have found several important factors and have devoted a whole chapter in our program to precisely this topic:
“The Three Step Process to Identify Great Rural Markets”
We go into great detail with examples and tips to be able to evaluate every US county (and Canada) so you aren’t wasting your efforts.
Glad you are here!Luke SmithModeratorSeptember 21, 2015 at 10:57 pmPost count: 1251
Won’t I be the best at selling what I believe in? Markets are fluid because people have different opinions. It takes a buyer and a seller to make a market. Analyzing markets like this sounds like we should look for volume, spread and simplicity.Luke SmithModeratorSeptember 22, 2015 at 10:00 amPost count: 1251
After trying this I see a lot more of what Steve has been saying making a lot of sense. Let me add to the list of attributes above quality of data. To make the best offer possible fresh tax due data is a must.
Sure makes it a lot easier to target the best slice of delinquent land owners with fresh data.
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