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Updated over 5 years ago, 06/13/2019

User Stats

7
Posts
4
Votes
Jake Hobson
  • San Antonio, TX
4
Votes |
7
Posts

Dealing with high property taxes

Jake Hobson
  • San Antonio, TX
Posted

Hi Bigger Pockets!

      This is my first post, so be gentle.  I wanted to reach out and see if anyone has any advice about investing (buy and hold) in areas with high property taxes.  My specific situation; I'm military and we're moving to San Antonio, TX in a few months.  We're looking to kick off our investment portfolio by purchasing a home to live in for two years and then rent out.  Almost all of the reasonably priced homes have zero to negative cash flow as a result of the high property taxes in the area ($6k per year for ~$250k home).  Any advice on dealing specifically with these high taxes?  Thanks in advance for the replies!

-Jake

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