Hi,We recently (Aug 2024) bought commercial land of around 2 acres. this was part of bigger commercial lot (around 25 acres) which had AG exemption and so the taxes that they paid was around $20 each year. we received a 'AG ROLLBACK' letter from the appraisal district that starting 2025 tax year, we will be taxed at it market value resulting in additional taxes, interest and possible penalities for 3 prior years.

Start small and Make Your Big Mistaes Early.

Hope this helps you get started, and good luck with your first property! 

Lease options, and there are a variety of types of lease options, can be a good starting strategy for many aspiring investors. 

Have you already started connecting with any local professionals, or are you still searching?

Starting to get competitive though for investment properties because of that reason you have more and more people entering the market from out of state.

I know that's what you started this thread for. 

House hacking is a great way to get started.

Looking for any advice for someone starting out in this realm.   

And start the two year clock ticking again.