These 10 states have the lowest property taxes
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We recently did an episode on the 10 cheapest cities to buy property in so we wanted to follow that up with a look at property taxes across the country. We pulled up a list compiled by Business Insider on the states with the lowest property taxes. In this episode, we go through the list and comment on what this means, and point out potential shortcomings of a list like this. This episode will answer questions, but it is really a starting point of where to do your own homework on this topic. And like Michael always says, "make sure to call the local county tax assessor". --- Transcript Before we jump into the episode, here's a quick disclaimer about our content. The Remote Real Etsate Investor podcast is for informational purposes only, and is not intended as investment advice. The views, opinions and strategies of both the hosts and the guests are their own and should not be considered as guidance from Roofstock. Make sure to always run your own numbers, make your own independent decisions and seek investment advice from licensed professionals. Emil: Hey, everyone, welcome back for another episode of The Remote Real Estate Investor. My name is Emil Shore. And today I'm joined by Michael Albaum, Pierre: Pierre Carrillo Emil: And today's episode we're going to be do some similar as we did on a recent episode, which was the if you guys remember the episode 10 most affordable states to buy a home, we're actually going to be covering the top 10 states with the lowest property taxes and this will be 2021 data that we're going to go over to help you you know, as you're looking for markets looking for states invest, hopefully all this data will help you in that journey. So let's hop into this one. Alright guys, so we are sans Tom today. But we got we got Michael and Pierre, which Dynamic Duo here. Very excited for this episode. Last time, we did some fun where I have the list in front of me. And you guys guessed, I think you each took three guesses and see if you made it in the top 10 list. So let's follow that same style. Pierre, you get to start this time. So we'll go we'll go back and forth. So Pierre, you'll go one, Michael, you'll go one and we'll just flip flop back and forth. And I will tell you guys, if that state is in the top 10 list of lowest property taxes, Michael: Love it. Pierre: All right. Michael: Good luck Pierre. You're gonna need it. Pierre: Yeah, I'm just trying to remember all the different agents we've had on over the over the last year so definitely not Texas because they don't have income tax. Emil: That is correct. Pierre: I'll say Alabama because that was one of the reasons we chose Alabama because… Michael: Dirty dog Pierre: Man was it low. Emil: Alabama. Ding ding ding That is correct. Michael: Nice. Emil: Alabama is one of the top 10 Lowest property tax states good job Pierre. Alright, Michael, what you got? Michael: All right. I'm gonna take a flier here and I'm going to go and say Tennessee is going to be in the top 10 Emil: Tennessee… Eeen. Tennessee is not in the top 10 Lowest property tech states. Sorry, Michael. Michael: Ah, swing in a miss. Emil: Pierre looking good, dude. All right. What you got for your second guess. Pierre: Can Kentucky Emil: Kentucky is not on the top 10 list. Sorry. Pierre: Oh man. Michael: All right. Michael: Virginia. Show me Virginia. Emil: Show me Virginia. EEEn. not on the list. Sorry Michael. Pierre: Oh man we’re strugglin. Emil: Mike you’re struggling. You guys did so much better on the other episode. I feel like it was you guys were doing really well on that one. Come on guys. All right Pierre. Michael: Alabama, Arizona Arkansas, California Colorado. Remember that fifth grade project the state's project and school you have to remember every state every capital. Emil: Yeah. Those are some… Pierre: Oklahoma Emil: Oklahoma final guess. Oklahoma is not on the list. Alright Michael chance to tie it h