In your rental business, does it take more than one month's rent to pay your property taxes for each rental house? Also, same question applies to property insurance also. And if you have a mortgage on a property, does the monthly rent cover that payment ? --68.63.xxx.xxx

Insurance runs about $400/year/unit. Less per unit in a multi. --173.20.xxx.xxx

--99.103.xxx.xxx

This year the property tax has gone over one month's rent from the entire property by a hundred bucks on each property. The insurance is aprrox. a thousand dollars per property per year, so a hundred dollars a month or a little less. --73.178.xxx.xx

One month of rents cover taxes on some, not all. --74.37.xx.xx

Here in Texas, my local county , city. The local tax rate is 2.7 percent of the appraised value. So on a 135k appraised value I pay. $3654 a year. Rents are averaging $1350! A month right now. So it almost takes a full 3 months to pay the tax bill each year. I do aggressively protest the appraised value each year, which generally puts me 25-40 k below market vaiue.. as far as a mortgage. Yes, rent covers that as well. When I first started I wanted to clear about $250 a month after setting aside taxes, insurance and mortgage. On those I mortgaged, now I clear from 500-600 a month. Time really made a difference in positive cash flow. Yes taxes are high here, but it’s a booming state with thousands moving to Texas each day. Rents will continue to increase. --75.141.xxx.xxx

My T&I are almost identical to yours. One exception though, I have one MH on a private lot and the taxes and insurance on MH's here are dirt cheap compared to real stick built houses. My only MH is probably the best cash cow I have in inventory. --68.63.xxx.xxx

We only have one mortgage, and the rent on that place covers that monthly payment AND the annual taxes and insurance. --50.82.xxx.xx

If you are fortunate enough to own property in areas that consistently appreciate 5-10% a year, it can make sense to own property that breaks even each month. Here rent covers the mortgage and all maintenance cost but just breaks even each month. RE speculators either get rich or go broke with this strategy. You have to buy when the market is down and sell when the market is up. Most of the investors I have known who did this went bust in 2008 when the market crashed. They got stuck holding a lot of those Class A beach front condo's. --68.63.xxx.xxx

--72.70.xxx.x

In michigan for me atleast my sfh homes for non homestead run about 1600 to 2000 a year an insurance around 550 year. Rents around 800 a month. So about 3 months to cover taxes an insurance --107.77.xxx.xx

At least two months rent to cover taxes, one month for insurance. --75.89.xx.xxx

--99.59.x.xxx

Two months rent, or more for taxes, about 1/4 -1/3 months rent for insurance. In Central Oregon, taxes were also two months rent, insurance closer to a full months rent. --174.216.x.xx

--99.59.x.xxx

My rental’s are all paid for. (One smart thing we did after making a huge profit selling our 8 year primary home, was paying the last rental off.) The insurance is only $50-60 a month per property and the property taxes I pay twice a year. One month of rent easily covers both. Our cheapest property tax is $658/year and our most expensive is $1142/year. --173.26.xx.xxx

Our proposition 13 saved a lot of people from losing their homes. Our democrats and Gov Moonbeam would like to take it away. Our 13% income tax and in some places 9.75% sales tax is high compared to other states. --71.38.x.xxx

That takes the sting out of it a little bit, when I at least get some services for all the money I give them. --174.216.x.xx

One reason property taxes are low in AL is because many of the state legislators here are landlords,...they just don't advertise it when they are running for re-election. One of the well known state senators here (from my county) is also a slumlord with over 50 dumpy rental houses,...I am not kidding! --68.63.xxx.xxx

--165.201.xxx.xxx

It takes about 1-1/4 months rent to cover my taxes & special assessment. One month's rent covers the insurance. --108.188.xxx.xxx

Of course we are assuming 100% occupancy, which does not happen for me. --67.186.xxx.xxx

On House I mentioned above if I bought today the taxes would be $9687.50. --71.38.x.xxx

--24.20.xxx.xxx

In my older properties, it only takes half a months rent to cover the property tax. IN my new properties, it takes up to 2-1/2 months to cover the property taxes. The insurance is based of replacement costs and generally takes a months rent to cover. --47.156.xx.xx

My return is better than 20% on my MHs, but the maintenance, turnovers, and tenant drama is much higher. --98.122.x.xx

Multi family, text 1 month rent, Insurance 50% of rent --97.91.xxx.xxx

In Ohio, it's about 2 months of rent to pay taxes. --204.210.xxx.xxx

Starting in year 2000, all my properties were bought between $50-$65K w/15 yr loans. I sold them slowly as the loans amortized down. All that time I pulled in $200-$300 over the cost of the monthly PITI. That money built up to cover repairs and vacancies, which I had a lot of in the beginning, but accumulated nicely as I became a better LL. --108.87.xx.xxx

My post should read, one month's rent per quarterly tax payment plus a hundred dollars. It's over four months rent per year. My big duplex has a property tax of $8,000 per year or $2,000 per quarter plus a hundred bucks. The rent for the two units comes to $2,000 --73.178.xxx.xx

The rent I ask for is based on bedrooms, not the newness of the house. --96.46.xxx.xx

I feel like I'm getting screwed after hearing what every one else pays for taxes. All my rentals are about $6000.00 per year each for taxes. I might as well be in California. Insurance on each pad is about $2000.00 a year each. They take in more than enough to cover it and have built some serious equity but the numbers are a bit ridiculous. It doesn't IEven include trash pickup. That is a seperate bill, as well as the seperate municipal bill that charges by the square footage of your roof and driveway for the rain runoff. --71.10.xxx.xxx

I am at about 3 months of rent to cover a year of taxes,as an example I have a 4 unit in a bad neighborhood,we cant sell it for $45000 but the taxes are $6000 year which includes water,ssewer and trash pickup.We collect $2000 month if it stays full and everyone pays --72.231.xxx.xxx

All I do is section 8 mobile homes with me owning home and land. no mortgages. Average rent 900. average property tax 375. just a gen liability policy $500/year covering all properties, self insure for hazards. --71.85.xxx.xx