Read on as William Owen discusses the proposed Georgia property tax amendments that were on the ballots in November and what they entail.In the recent elections, Georgia voters considered a significant constitutional amendment aimed at addressing the escalating property tax burdens faced by homeowners.

In my experience, your level of wealth that you can handle is based on your mindset.

You can be ready to go , funds in place , and show up the day of the auction that property you are going for has been cancelled, regardless what the website says.Besides that, I noticed that properties are put on auction a few times so there is a chance to keep tabs on them, and Texas has monthly auctions which is great for gaining experience. 

Share your experience in the comments below!

I have also read alot of books. 

I'm a young agent and investor and in no way saying I've made it and have more experience / knowledge than many of those leaders on here.

From my perspective, it seems like stretching the budget is almost a necessity to afford a property big enough to house hack in Denver—even with a good job.Looking forward to hearing your thoughts and experiences!

We understand that tax complexities can be challenging, but our experience shows that many of these barriers can be overcome with a strong local team.

I’m not sure how many of the previous responders read your post because they didn’t even ask obvious question number ONE….1) How much of a capital gain will you have?

@Hunter Duplantis what @Gino Barbaro said is exactly what I was going to suggest.When you have vacancy is the time to experiment and apply your original thesis.I’m not trying to play Monday quarterback here but, you should be highly confident in where the rents should be well in advance of having a vacancy.That being said, after confirming competition rents on websites (I’d also recommend Craigslist and Facebook marketplace), you should be in alignment there.