CASH FLOW Killer = Taxes

[Michael P.]

I am on the hunt for my first investment property, can't house hack, I own a home. I am originally from Philadelphia, I am now 35 minutes outside of Philly. I found a few areas that are affordable housing, homes ranging from 38-120. I wouldn't classify the area a war zone, sure they have assaults, robberies, a homicide here or there but overall nothing crazy. Should I jump into a property I feel has good cash on cash that requires minimal repairs going into it, it's also tenant occupied long term section 8. I don't mind voucher tenants. But I think to make good cash on cash I have to go where tax is super low.

[Allan Szlafrok]

Ive successfully appealed the taxes on every property i own in NJ and especially in Jersey City i was able to knock them down to a much more reasonable rate sometimes by 50%