Don't forget there is a cottage industry in Texas that protest property taxes yearly.

In Texas, they re-assess taxes every year, my 14 unit complex had taxes increase by 45% and even with a protest with a hired professional tax protest company, it did not go down 1 cent. 

The original comment that I made on this forum was based out of political frustration that I have been feeling as I have been catching glimpses of the news over the past few weeks with all of the protests, riots, and the political hypocrisy that seems to be at every front.

With backlog of eviction cases, ongoing pandemic, election, protests, public outcry, increasing crimes,  all investors need to proceed with extreme caution.

@Brad HammondTwo reasons: Price & LocationIt looks like you are in the glide path of the airport, with a 4 lane road in the back yard, and train tracks across from the 4 lane rd.Can you protest the property taxes to help on the cap rate?

Ive done two flips in takoma park. they have this insane tree protection plan even on interior renovations takes a month neighbor can protest, have to put tree fence around entire property and can't remove until c of o so landscaping gets pushed back a few weeks.

If you are calculating taxes at $62 there is a good chance after a year or two the county will realize that you are not an owner occupant and you will lose that exemption, or they will just realize that they can charge more in taxes to an out of state investor that can't/won't come and protest.  

Just hope this doesn't lead to any more of those "peaceful, but fiery protests."

And how do the protesters get a pass on social distancing.. ???

The man does protest too loudly!