78: Rookie Reply: How Do I Estimate Property Taxes?

Real Estate Rookie

BiggerPockets

How To, Education, Business, Investing, Entrepreneurship

4.8 • 1.7K Ratings

🗓️ 15 May 2021

⏱️ 19 minutes

🔗️ Recording | iTunes | RSS

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Summary

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

Transcript

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0:00.0	This is real estate rookie show number 78.
0:07.7	My name is Ashley Care, and I'm here with Tony Robinson.
0:11.6	And today we are back with another episode of rookie reply.
0:16.2	Hey, Tony, what's up, Ash? How was your day going today?
0:20.5	Pretty good. Um, nothing really exciting.
0:23.0	I took my son to he started a little gymnastics fun camp thing.
0:27.1	So me and him went to that this morning, but
0:30.3	other than that, it's a beautiful day outside.
0:32.3	And I'm stuck in my closet.
0:35.2	That's so funny. It's been like super gloomy, like the past two days and
0:38.2	so chaos. We've been stuck inside.
0:41.6	I also brought my motorcycle back from Texas.
0:44.6	So I think I might go for a motorcycle ride today.
0:47.7	Oh, man, you're first riding in New York.
0:51.0	Actually, I did one the other day.
0:52.4	I did 50 miles and I was breathing.
0:56.0	I even had like a such a dawn.
0:58.0	My motorcycle jacket on gloves on my helmet.
1:01.8	And I was so cold at one point.
1:04.1	I pulled over because I like felt myself shaking.
1:06.8	So I pull over.
1:07.6	I'm like, okay, I'll just sit in the sun because it was like sunny out,
	...

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