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Updated almost 8 years ago on . Most recent reply

James L.'s profile image
James L.'s profile image
James L.
  • from Dallas, TX
  • Member since Oct 18, 2016
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James L.'s profile image
James L.'s profile image
James L.
  • from Dallas, TX
  • Member since Oct 18, 2016
Connect
James L.
  • Dallas, TX
6
Votes |
19
Posts
Texas Real Estate Q&A Discussion Forum

Anyone from NYC Investing in Texas

James L.
  • Dallas, TX
Posted

Hi everyone! I'm James. I currently live in New York City, but plan to relocate to Dallas in 2 to 3 years - which is why I am looking to invest in rental properties (single family homes) in the DFW/North Texas area to start.

I am hoping someone can help confirm what are the common expenses in Dallas SFH rental properties. Want to make sure I have a good understanding of I can avoid under- or overestimating cash flow.

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Joe Funari's profile image
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Joe Funari
  • Real Estate Agent
  • from Keller, TX
  • Member since Apr 30, 2017
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Joe Funari's profile image
Joe Funari's profile image
Joe Funari
  • Real Estate Agent
  • from Keller, TX
  • Member since Apr 30, 2017
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Joe Funari
  • Real Estate Agent
  • Keller, TX
816
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841
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Joe Funari
  • Real Estate Agent
  • Keller, TX
Replied

@James L. I have a great CPA that specializes in Real Estate Investing. Even is an expert on Cost Allocation Studies on rentals to help reduce your taxes. He set up my company here in Texas for a nominal fee. Has been great to work with.

  • Joe Funari
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