Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago,

User Stats

7
Posts
0
Votes
Sam Bernard
  • Johnson City, TN
0
Votes |
7
Posts

How to estimate property taxes after rehab?

Sam Bernard
  • Johnson City, TN
Posted

Hello BP community! I'm looking at a small SFR (3 bed, 1 bath, 1130 sqft) that is in ROUGH shape. It's basically walls and a roof and nothing more. Property taxes are $400 right now. I should be able to pay $25k for the property and I'm estimating rehab to be around $50k. ARV looking like roughly $95-100k.

So my question is - what should I expect property taxes to look like after the rehab?  Should they immediately jump to market rate for similar homes in the area the following year?  Or will it be a slow climb?  Any feedback is welcomed.  Thanks! :)

Loading replies...