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Buying & Selling Real Estate

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Gary Wong
  • Real Estate Agent
  • Allen, TX
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106
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Investing in North Texas (Dallas/Fort Worth)

Gary Wong
  • Real Estate Agent
  • Allen, TX
Posted Apr 2 2015, 15:21

I am a pretty new real estate investor in North Dallas. I currently only have one SFR rental . I been looking around DFW real estate listing and listening to podcast while I am accumulating money to invest. I heard Texas is a great place to invest but I am just not feeling it personally.

A question that pop in my head is that I notice other state have way lower property tax compare to Texas, so is Texas a good area for investment? Most the property I find only have the 1% rule. Almost impossible for 2% rule. And property tax is taking up most of the expense making it seems like a 150k house would have the escrow payment of 250k house in other states.

What are your opinions on this?

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