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Updated almost 2 years ago on . Most recent reply

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Bethany Tran
8
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What state should we consider buying properties now at the budget around 350k-450k?

Bethany Tran
Posted

I live in Houston but I think it's not worth investing in Houston because property tax is so high and keep increasing every year. Additionally, renting market is very competitive. And, appreciation here is not so good. I am thinking about properties in another state to invest in. Can you guys with knowledge and experiences plz help me to suggest some good states for investment within my budget? I highly appreciate any comments. Thank you very much:)

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95
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Alex Rehman
  • Property Manager
  • Cleveland, OH
74
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95
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Alex Rehman
  • Property Manager
  • Cleveland, OH
Replied

Hi Bethany,

I can understand your concerns about investing in Houston given the high property taxes and competitive rental market. It's always wise to consider other options and explore different states for investment.

Being biased Cleveland is a great city in Ohio for real estate investment. The city has a low cost of living, which makes it attractive for renters. Additionally, the property prices are relatively low, and the rental market is stable. The appreciation rate is also good, making it a good option for long-term investment. Long story short, it is a cash cow.

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