Texas vs. LA

[Crystal Williams]

Hey BP

I am looking for advice regarding property taxes. My mentor advised moving to Louisiana and investing there due to property taxes being so low. My mentor is a seasoned real estate investor and has many properties in LA, where she currently lives and has been in the business for over 30 yrs. We currently live in Texas and would like to invest here but the property taxes are so high. Any suggestions on whether a move to Louisiana would be beneficial or could we make it just as well in TX? Thank you in advance.

[Will Pritchett]

Partial to Texas but it is home to me. Are you doing buy and hold? I only have two but they cash flow. Plenty of people succeed here. I would not listen to any one person to decide where to live. I met a guy here with 21 rentals paid for in San Antonio and buying more. He buys off MLS. He would probably say to buy here. I read that there are opportunities in any market. Not sure. My rentals rent fast here. Last one was MLS deal and cash flows nicely. Not sure if LA has state income tax? Texas does not. Not sure of other factors to consider.

Good luck wherever you invest.