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Updated over 10 years ago on . Most recent reply

User Stats

685
Posts
334
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David Avetisyan
  • Rental Property Investor
  • Glendale, CA
334
Votes |
685
Posts

Educate Me: Considering Investing in Texas

David Avetisyan
  • Rental Property Investor
  • Glendale, CA
Posted

I am considering looking at buy-and-hold out of state investing for a purchase of a multi unit building between 16 - 30 units. I am currently focusing on Texas in particular.

I am looking to invest in cities with the following considerations:

- Solid B / B+ zip codes

- Warm climate but no danger zones

- Densely populated areas

- Mixture of both blue and white collar population

- Continued job growth

- Population growth

- Hot rental market with many renters vs buyers

- Low vacancy rates

Please educate me on zip codes I should look at, what average rent rates are for 1 & 2 bedrooms, and what I should expect to pay per door.

Also, please share any other pertinent information you feel may help me make a smarter decision.

Thanks in advance

Most Popular Reply

User Stats

16
Posts
1
Votes
John Baskin
  • Frisco, TX
1
Votes |
16
Posts
John Baskin
  • Frisco, TX
Replied

David,

I am a wholesaler in Dallas and would love to bring you deeply discounted opportunities in the Dallas/Ft. Worth area. Text me your phone number or visit my website and fill out a profile of what you look for.

John Baskin  (817) 500-0790

northtexaswholesalehomes.com

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