Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago on . Most recent reply

User Stats

21
Posts
18
Votes
Mario Arellano
  • San Diego, CA
18
Votes |
21
Posts

Property Taxes - Learn from my mistake

Mario Arellano
  • San Diego, CA
Posted

I made the error in using information from Zillow on the cost of my property taxes.  I dug deeper into the cost by going to the county's website and the rate was higher.  There are also annual fees for trash and stormwater services that I'll have to pay.  The error doesn't kill the project but it does impact the cash flow amount.  

The error was my fault.  It wasn't difficult to find out what the current tax bill was/is for the property that I was looking into.  I know that market values can & will change, causing an increase in the taxes.  Either way, I will not be making this same mistake again.  

Hope you can learn from this mistake 
  

Loading replies...