Wendy Patton on Muck Rack

Wendy Patton

Columbus
As seen in: Yahoo, Cleveland.com, Cincinnati Enquirer, The Toledo Blade, The Columbus Dispatch, BiggerPockets, The Newark Advocate, Ohio Capital Journal, Bucyrus Telegraph-Forum, Logan Daily News and
Kent State University instructor, Director of Columbus Program. Tweets are my own.
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By Mark Fedorov, Wendy Patton
| BiggerPockets Verified
Detroit's total millage rate for non-homestead properties (that's you, investor): approximately 85 mills. That's among the highest effective rates in the country. On a $100K home: taxable value resets to $50K (50% of market value) at purchase. At ~85 mills, you're looking at roughly $4,250/year in property taxes. That's ~$354/month eating into your cash flow before mortgage, insurance, or maintenance.
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Turning Ohio’s economic development around: What can be done Original

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By Wendy Patton, Pari Sabety
| Ohio Capital Journal
by Wendy Patton and Pari Sabety, Ohio Capital Journal April 3, 2026 American communities have always competed for economic advantage. In the 19th century, St. Louis and Chicago competed to attract the transcontinental rail line: Chicago won, and it made a lasting difference. Two centuries later, in an era of global markets, capital consolidation, and accelerating technological change, public investment in economic development has grown, but the return on investment is dubious.
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By Bruce Lynn, James McGovern, Wendy Patton
| BiggerPockets Verified
Not trying to kill your dream, there definately can be opportunities, but it's probably a little more or a lot more complicated than meets the eye. #1 Don't partner with anyone, this just complicates an already complicated process. Until you are an expert and can explain the risks and rewards. If you are going to raise money to purchase tax deeds you will also want to learn the securities laws of your state.
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