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Updated over 3 years ago on . Most recent reply

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11
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Taxes and homeowners insurance

Geovany Espinoza
Posted

Aside from your mortgage payment is taxes and homeowners insurance typically going to be your biggest expense? Ive been looking at my counties tax assessors website trying to find properties annual taxes and its been difficult. Ill find numbers there and compare them to other platforms and the difference is immense I just dont which platform or numbers to rely on to plug in so i can get my most accurate reading. For Homeowners insurance should i just shop around for a quote and see who offers me the lowest payment and simply go with them ? What important questions should i ask as an inspiring investor ? 

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1,240
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Terrell Garren
  • Rental Property Investor
  • Concord, NC
3,064
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1,240
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Terrell Garren
  • Rental Property Investor
  • Concord, NC
Replied

Aside from your mortgage payment is taxes and homeowners insurance typically going to be your biggest expense?   - HVAC, Roof, Water heater, appliances, turnovers

Ive been looking at my counties tax assessors website trying to find properties annual taxes and its been difficult.  Property tax records are generally available on the county websites. 

For Homeowners insurance should i just shop around for a quote and see who offers me the lowest payment and simply go with them - I've found American Modern to be very good. 


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