Wisconsin Property Taxes

[Johna M Winters]

Hello,

I've been looking at Milwaukee to invest in rental properties. I'm kind of put off by the property taxes though. It looks like it goes up according to market value and doesn't have a cap. Some properties I've looked at have $5,000/yr in property tax. Has this turned out to be an issue, or do investors just factor increasing property taxes into rent over time?

Thanks!