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 ]

Comments(4)

  • ypochris27th May, 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

  • kelly6428th May, 2006

    Chris,
    Thank you for you info on the post I made. I was wondering what was going on

  • futureRX1st June, 2006

    What exactly is your question? This is too vague. There is no question mark in your post.

  • NewKidInTown34th June, 2006

    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?

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