Texas investment

13 Replies

Hi every one,

I need advice  on buying rental propriety in taxes,

best areas,  and connection with a real estate agent 

thanks

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Texas is a really big state, any other details might be beneficial if you would like someone to be able to help you.

Almost anywhere in texas is Good its just a matter of boots on ground.

Do you have a strategy (SFH/multi-family/etc) or price point in mind?

I am thinking of getting SFH in the Metroplex area? my budget is around 100k.

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There are opportunities in every market. It all depends on your effort and local team you put together. As to Texas, we can help you get started in Dallas-Fort Worth, but would need more info as to what your goals and game plan are.

Best of luck!

@Johnny Khoury

As the saying goes, Texas is like a whole 'nuther country.  Austin is a very different market from El Paso and, even though they are in the same metro area, Dallas is very different from Fort Worth.  Market dynamics are different in each part of the state and it depends on your investing strategy as to which area is 'best'

Roadmap to Success:

Goals -> Strategy -> Plan -> Action -> Goals

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Originally posted by @Johnny Khoury :

Hi every one,

I need advice  on buying rental propriety in taxes,

best areas,  and connection with a real estate agent 

thanks

 Hey...wait guys!  He isn't trying to buy rentals in TEXAS.  He wants to buy rentals in "TAXES"!!

LOL...just kidding Johnny.

Roy said it best.  Texas is a big state.  Each metropolitan and geographic area has it's own specific and distinct market dynamics.  DFW, even though people lump it all into one place, is terribly diverse, both on a Macro & Micro level.  Even if you confine yourself to the Dallas County side of DFW, there are still many sub-markets and hundreds of micro-markets within those.  And, it isn't just a matter of staying away from the scary areas.  We have micro-markets where on the same street, on the same block, a house 4 doors down can sell for $50k more and rent for $150/mo more, just because it feeds a different elementary school.

To invest in Texas - particularly North Central Texas - you're going to have to go turnkey or have an effective ground team you can trust.  In this market, there will be no option for flying into town to look at a property, prior to making a purchase decision.  The property will be gone.  You are going to need to be prepared based upon the opinions and photos provide by your ground team.

Originally posted by @Hattie Dizmond :
Originally posted by @Johnny Khoury:

Hi every one,

I need advice  on buying rental propriety in taxes,

best areas,  and connection with a real estate agent 

thanks

 Hey...wait guys!  He isn't trying to buy rentals in TEXAS.  He wants to buy rentals in "TAXES"!!

LOL...just kidding Johnny.

Roy said it best.  Texas is a big state.  Each metropolitan and geographic area has it's own specific and distinct market dynamics.  DFW, even though people lump it all into one place, is terribly diverse, both on a Macro & Micro level.  Even if you confine yourself to the Dallas County side of DFW, there are still many sub-markets and hundreds of micro-markets within those.  And, it isn't just a matter of staying away from the scary areas.  We have micro-markets where on the same street, on the same block, a house 4 doors down can sell for $50k more and rent for $150/mo more, just because it feeds a different elementary school.

To invest in Texas - particularly North Central Texas - you're going to have to go turnkey or have an effective ground team you can trust.  In this market, there will be no option for flying into town to look at a property, prior to making a purchase decision.  The property will be gone.  You are going to need to be prepared based upon the opinions and photos provide by your ground team.

 Thanks for the advice Hattie,

do you know any good turnkey companies  Dallas/Ft Worth market ?

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