I Have A Crazy Question
In my area our homes are going for $120 to $220,and our taxes run in between $2000 to $3500, but ten miles away you can pick up absolute beatiful homes rangeing from $50,000. to $120,000., but the taxes will absolutly kill you they range from$3500 to $6000. I would really like to lease option these properties out,But how do I find out if it is worth it every one of these properties have motivatied sellers posting if I could figure out how to tap into this area I could have a wind fall. There are just as many 2 family homes as single family homes
[ Edited by kelly64 on Date 05/27/2006 ]
[ Edited by kelly64 on Date 05/27/2006 ]
[ Edited by kelly64 on Date 05/28/2006 ]
You have to be careful to put a space after your periods on this forum, or the program will interpret it as a URL and wipe out your text.
As you can see looking at your post, that makes it impossible to follow some times. Care to ask the question again?
Chris
Chris,
Thank you for you info on the post I made. I was wondering what was going on
What exactly is your question? This is too vague. There is no question mark in your post.
A $50K property with a $3500 tax bill will still cash flow at a rent as low as $900 per month. What is the problem?