Ask me anything about Property Taxes

[Brad S.]

Hey Guys, 

I am new to BP and am looking to get into investing at some point, but today I would like to help answer any questions y'all might have relating to property taxes in Atlanta, but also not limited to GA, FL, NC, SC, TX, VA. Property taxes are typically a property owners biggest expense and can also make or break a deal early on in the bidding process. If you are unsure of what the property taxes will look like post acquisition (year 1) and you are about to put in an LOI, make sure you run it by a property tax expert first, or you can just ask me since that is my area of expertise. GA typically get reassessed the year after sale which will result in the property taxes going up significantly. Of course, there are effective appeal strategies In Georgia that can help with mitigating the tax liability increase due to a sale which would increase cash flow as a result. That being said, if you are looking at a deal in the southeast and are unsure of what the property taxes will look like year 1 and have questions, please feel free to reach out to me and I will do my best to respond and answer your questions in a timely manner. You can also ask me general questions about tax assessment processes in other states and appeal cycles since no state is one in the same. I am here to add value and want to network so fire away.