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Updated over 8 years ago, 04/26/2016
Do taxes and insurance kill your cash flow?
Hi, I am comparing single family home rentals in a few cities (Houston, Kansas City, maybe Memphis) for my first rental house. Researching revenue and costs for pro-forma sheets....finding property tax and insurance are much higher in Houston than other cities--is my information good? Is this normal, and if so, how do you keep it from killing your cash flow, as compared to other cities? Thanks!