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Updated almost 9 years ago on . Most recent reply

User Stats

75
Posts
40
Votes
Andrew R.
  • Rental Property Investor
  • Santa Barbara, CA
40
Votes |
75
Posts

Do taxes and insurance kill your cash flow?

Andrew R.
  • Rental Property Investor
  • Santa Barbara, CA
Posted

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!

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