Rental Investment which city?

Rental Investment which city?

Member since 2021 · 5 posts · 6 votes

Have been thinking of buying a rental home in texas and wondering if folks have suggestion on how to choose a city between Pfungerville, Round rock, Leander, Cedar park and Georgetown. 

any pro tips to take care while selecting one area over other. 


thank you.

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  • Rental Property Investor · Streetman, TX · Member since 2018 · 528 posts · 495 votes
    5y

    @Rajiv Bm You can’t go wrong with any of the Austin suburbs. The market is super hot. I have a friend who bid $35k over asking price in Round Rock and was still out bid. Be prepared to compete against multiple bidders.

  • Jordan MoorheadBusiness Member
    Real Estate Agent · Austin, TX · Member since 2015 · 5k+ posts · 3k+ votes
    5y

    @Rajiv Bm I wouldn't get stuck on one city. Austin is the hottest market in the country and growing like crazy. Look to find something that your numbers work on.

  • Rental Property Investor · Member since 2021 · 335 posts · 193 votes
    5y

    @Rajiv Bm

    All above is good.

  • Real Estate Agent · San Antonio, TX · Member since 2021 · 65 posts · 21 votes
    5y

    Hey, give San Antonio a shoot Allen. I'm a real estate agent in San Antonio and see people picking up rentals for a reasonable price and in some cases crushing the 1% rental rule 

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