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All Forum Posts by: Casey Rouse

Casey Rouse has started 2 posts and replied 3 times.

Post: Property taxes > Mortgage

Casey RousePosted
  • Investor
  • Racine, WI
  • Posts 3
  • Votes 0

@Eamonn McElroy

We’ve had the assessor come out before to lower our assessment only to see it skyrocket again the next year. The government does not care. We need protections from being overtaxed.

Post: Property taxes > Mortgage

Casey RousePosted
  • Investor
  • Racine, WI
  • Posts 3
  • Votes 0

My property taxes are now 76% of my mortgage. Last year we had a double digit increase, and almost double digit again this year. This is not only a direct attack on investors, but also retirees and other people on fixed incomes. This also forces rents up, and adds to the homeless situations throughout our nation.

We need to take a stand and expose the waste of our cities, and how technical colleges harvest off of us also. What kind of legal action can we take??? Property taxes should never be more than 30% of a mortgage, and especially not 76%.

I found a house that looked to be $15,000 under the comp houses, but it needs interior/ exterior paint, all new flooring, drywall, unfinished basement, three bathrooms, and a kitchen.  I'd like a good source for project estimating.  One source said drywall sq ft / 9 = how many drywall sheets x $30.00 for example.