How to find the property tax rate for each county?

Property tax rate plays an important role in real estate investment. A high property tax rate (e.g., about 3% rate in Taxes) often makes its housing market difficult to increase a lot. As a result, the appreciation value of real estate investment is limited. On the other hand, high property tax rate will eat your monthly case flow significantly. If you get neither good cash flow nor good appreciation, but you want to do real estate investment in that area? A low property tax rate area will thus be more attractive. The appreciation can be better, and the cash flow is also good.

On the other hand, the house price of a high property tax rate area is more stable, no matter in good or bad years. The house price of a low property tax rate may fluctuate a lot, making a roller coaster experience, and real estate investors may get burned.

To find the property tax rate for an area such as county, you can use website topcounty.com. It shows not only the property tax rate, but also population, population distribution, median home price, median household income and a lot more information about each county. Very useful for real estate investment study.

How to choose where to invest in real estate (1)

Real estate investment is the many people's favorite, but how to find a good area to invest in is an important decision. A booming city house will be of great appreciation potential, and a decline of the city (such as Detroit) seems to be a nightmare for real estate investors. How to find a good place for investment? The most common is the word of mouth, but in fact also can DIY. For most initial study, I would use the topmetroarea.com. This website allows users to easily select ideal metro areas. The selection criteria included the number of population, population growth, GDP, GDP growth, withunemployment rate, the value of the house, the house growth, foreclosure rate, delinquency changes, etc., as shown in the following figure. With these measures, it is not difficult find ideal metro areas for real estate investment.