Home › Forums › Financial Markets/Economics › Getting started with rental property
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July 6, 2010 at 12:38 PM #575931July 6, 2010 at 7:36 PM #576567
joec
ParticipantI don’t have much experience with rentals, but I’ve read that Texas was not good for some folks since property taxes are much higher and could be raised at anytime. I don’t know where properties in CA are sitting in terms of cash flowing now with the crash, but prop 13 helps a ton over the long term since the government can’t raise your property taxes to insane levels suddenly.
They can try to change the laws, but there are probably too many home owning voters in CA that something like that will ever pass I don’t think.
July 6, 2010 at 7:36 PM #576973joec
ParticipantI don’t have much experience with rentals, but I’ve read that Texas was not good for some folks since property taxes are much higher and could be raised at anytime. I don’t know where properties in CA are sitting in terms of cash flowing now with the crash, but prop 13 helps a ton over the long term since the government can’t raise your property taxes to insane levels suddenly.
They can try to change the laws, but there are probably too many home owning voters in CA that something like that will ever pass I don’t think.
July 6, 2010 at 7:36 PM #576674joec
ParticipantI don’t have much experience with rentals, but I’ve read that Texas was not good for some folks since property taxes are much higher and could be raised at anytime. I don’t know where properties in CA are sitting in terms of cash flowing now with the crash, but prop 13 helps a ton over the long term since the government can’t raise your property taxes to insane levels suddenly.
They can try to change the laws, but there are probably too many home owning voters in CA that something like that will ever pass I don’t think.
July 6, 2010 at 7:36 PM #575945joec
ParticipantI don’t have much experience with rentals, but I’ve read that Texas was not good for some folks since property taxes are much higher and could be raised at anytime. I don’t know where properties in CA are sitting in terms of cash flowing now with the crash, but prop 13 helps a ton over the long term since the government can’t raise your property taxes to insane levels suddenly.
They can try to change the laws, but there are probably too many home owning voters in CA that something like that will ever pass I don’t think.
July 6, 2010 at 7:36 PM #576042joec
ParticipantI don’t have much experience with rentals, but I’ve read that Texas was not good for some folks since property taxes are much higher and could be raised at anytime. I don’t know where properties in CA are sitting in terms of cash flowing now with the crash, but prop 13 helps a ton over the long term since the government can’t raise your property taxes to insane levels suddenly.
They can try to change the laws, but there are probably too many home owning voters in CA that something like that will ever pass I don’t think.
July 6, 2010 at 9:32 PM #576998paramount
ParticipantI do have experience with rentals – both local and long distance. With long distance rentals in my experience a property management company is a must!
July 6, 2010 at 9:32 PM #576067paramount
ParticipantI do have experience with rentals – both local and long distance. With long distance rentals in my experience a property management company is a must!
July 6, 2010 at 9:32 PM #576699paramount
ParticipantI do have experience with rentals – both local and long distance. With long distance rentals in my experience a property management company is a must!
July 6, 2010 at 9:32 PM #576592paramount
ParticipantI do have experience with rentals – both local and long distance. With long distance rentals in my experience a property management company is a must!
July 6, 2010 at 9:32 PM #575970paramount
ParticipantI do have experience with rentals – both local and long distance. With long distance rentals in my experience a property management company is a must!
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