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Updated about 6 years ago,
Relevance of property tax rate a real estate investment.
I am an aspiring REI and new to BiggerPockets. I am wondering how much does property tax rate affect decision making on which areas to invest in. I do not see this a much talked about topic. I thought this is important since a difference of 1% or even less in a property tax rate can make sa significant effect on cash flow. Therefore, does property tax rate affect your REI decisions, if it does, what is its relevance and what do you do about it? Or do you simply stay away on those areas?