
Real Estate Rookie 78: Rookie Reply: How Do I Estimate Property Taxes?
This week’s question comes from Gre on the Real Estate Rookie Facebook Group. Gre is asking: How do you find accurate property tax info, including school taxes, when running numbers on a potential investment property?
Great question Gre! Running your numbers accurately is super important when making sure a deal will be profitable, thankfully, there are many online (and in person) resources where you can find accurate property taxes within minutes.
Here are some suggestions:
- Find the county assessor’s online website and look up the property address/parcel number
- Use third-party tools like Propstream to find property taxes
- Ask other investors in your area what they are paying in property taxes
- Call the county office and ask what they think property taxes will be when re-assessed
- Make sure you’re including school, village, and county taxes (when they apply)
- And More!
If you want Ashley and Tony to answer a real estate question, you can post in the Real Estate Rookie Facebook Group! Or, call us at the Rookie Request Line (1-888-5-ROOKIE).
Check the full show notes here: http://biggerpockets.com/rookie78
Learn more about your ad choices. Visit megaphone.fm/adchoices
