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Updated about 6 years ago on . Most recent reply

Mikel Jennings's profile image
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Mikel Jennings
  • Member since Jun 24, 2018
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Mikel Jennings's profile image
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Mikel Jennings
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Mikel Jennings
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General Landlording & Rental Properties

Texas high property tax issue

Mikel Jennings
Posted

I'm a new investor considering a BRRRR strategy in and around San Antonio, TX. Locally total tax rates are around 2.73% (example $284.38/month taxes on a $125k house). This makes cash flow very lean. Any tips or suggestions?

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Rick Pozos's profile image
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Rick Pozos
  • Wholesaler, Rehabber and Landlord
  • from San Antonio, TX
  • Member since Nov 3, 2014
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Rick Pozos's profile image
Rick Pozos's profile image
Rick Pozos
  • Wholesaler, Rehabber and Landlord
  • from San Antonio, TX
  • Member since Nov 3, 2014
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Rick Pozos
  • Wholesaler, Rehabber and Landlord
  • San Antonio, TX
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Rick Pozos
  • Wholesaler, Rehabber and Landlord
  • San Antonio, TX
Replied

Hey @Mikel Jennings, 

You probably need to look for better deals. Taxes are just part of the equation. We have high insurance rates compared to the rest of the country too. Do your own marketing to find those great deals!!

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