All Forum Posts by: Peter Raber

Welcome to Spokane it is a great place to live, what part of town is your triplex in?

Sounds like it's time to sell the house and possibly buy a few starter homes.  I am not afraid of buying out of my area any advice as to great markets for starter homes?

Thanks I will try that first just wondering why everyone thinks Texas is a great place to invest with taxes through the roof?

James,

I have a couple buy and hold rentals, I am looking to exchange at least one of those and branch out into smaller properties that have a greater return.

You might want to try Dupont or Puyallup also.

I am not sure I like Texas, I have a 250K single family in a small town and local taxes are 7K a year.  I am thinking it's time to get out of Texas (or at least Del Rio TX).

I have a property in a small town in Texas, it is worth approximately 250K and I am renting out for $1700 a month. This was a former residence of mine but the taxes have recently jumped to over 7K a year. I am not sure how anyone could operate a rentals in this area with those kind of taxes? Does anyone have any idea how I could lessen my taxes on this property? Do i need to hold it under an LLC would that offset taxes?

Hello All,

It is great to have found a community of individuals willing to help newbies with there real estate adventures.