Any fellow investors have advice on locating cash flowing single-family properties in Texas for an out-of-state investor? Thanks so much!

@Adam Jason   Do they have a specific investment area? 

Start by finding a good property manager... Pick their brain a bit... 

Being an OOS owner, property management has been the most difficult part.

Finding good rental locations and properties is the easy part :)

What kind of property do you want?  Single, duplex, multi?   What price range do you want to be in?   Any special criteria do you have?

Hey all...thanks for the response...looking at single family homes that will cash flow and appreciate well over time.  I am looking at up to $200K and anything under throughout the State.  What are you all seeing?

Cash flow and appreciation are generally mutually exclusive. Buy a home in Garland, Texas. Lots of blue collar tenants, strong proximity to DFW, entry prices for 3/1 or 3/2 are under $200k. PM all available.

Great thanks.  Are you buying in Garland?  If so, where from where are you sourcing deals, if you don´t mind sharing that insight?

@Adam Jason check out fort worth...lots of growth in that area. Also - outskirts of Houston such as Hockley, Waller, Cypress, etc...Houston is quickly growing and expanding to those 'outskirts'. I can send you some stuff if you are interested.

Originally posted by @Adam Jason :

Hey all...thanks for the response...looking at single family homes that will cash flow and appreciate well over time.  I am looking at up to $200K and anything under throughout the State.  What are you all seeing?

 I'm seeing lot's of cash flowing single family homes under $200k all throughout Texas (except for several high-end neighborhoods in major markets).  It might be worthwhile to narrow your focus, especially geographically.  Texas is a big state.

@Jessica Wygal that would be great!

@Austin Smither Langley advice is appreciated!

Hey @Adam Jason , we have a great market right now in San Antonio. What kind of neighborhood are you looking for? A, B, C? I can help you out in SA, dm me if you're interested.

Not going to happen in Austin proper. Maybe just maybe in the exurbs of the suburbs.Sometimes you get lucky though. 

@Adam Jason  I agree with @Hans Schmitt ... San Antonio is a great market. I live in Colorado, but have all of the my investment properties are located in SA. Sub $200K in San Antonio has been hot with loads of properties getting full price offers within 24 hours. As for CF, that obviously depends on the amount you finance... I have been lucky and am CF + on all of my properties but one... d*mn monthly assessment! If SA seems too hot, you could look at surrounding areas such as New Braunfels also. Good luck.

Good luck.  With property taxes the way they are in Texas a cash flowing property can become a loser in 1 years time.  

Hi All,

I'm looking into SA for my first OOS property. Is there any specific area for B class properties you can suggest looking? I'm definitely looking for something I can get under market value where I can implement the BRRRR Stategy. Thanks!

@Adam Jason

We manage 1000 properties in both Houston and Dallas. We come across cash flow deals all the time. Depends on what your looking for, price range, equity position and some other factors. But yes they exist,50-60% of our clients live out of state and out of country and own in Texas

@Steve Rozenberg   It would be great to see what you might know of for sale that is cash flowing in the Dallas area.  Can you share?  I appreciate it.  Best - Adam

@Hans Schmitt Thanks so much for taking the time to reply.  Very useful information. 

@Adam Jason

Happy to help. Send me a DM and we can connect. 

I can definitely help you out

Hey All - does anyone have experience investing in Lufkin, TX that they could share?  I am looking at a portfolio of assets there I may buy and was looking to get thoughts on experience and strategy.  Thanks!

Adam, I currently hold a small portfolio of single family rentals here in Lufkin & it’s also the market 90% of my sales as an agent are. 

I will be glad to share my strategy & knowledge of the market. 

what do you guys think of Lubbock or Amarillo to buy and hold as rentals?

I'm from Calif. trying to stay close to me as possible yet affordable under 100k.

what do you guys think of Lubbock or Amarillo to buy and hold as rentals?

I'm from Calif. trying to stay close to me as possible yet affordable under 100k.