Lubbock Texas Rental Investment
Thinking about investing out of state (for a rental property) in South Western Lubbock TX and had a few questions:
1) For those already doing this, do you prefer college kids rentals or single family homes? (OR duplexes?)
2) Taxes....sounds like some pretty high taxes, especially as you get into Wolfforth - does it pay off through high rents (SFH) and longer term tenants in a nicer area?
3) Any other advice? New to the forum, thanks!
Most Popular Reply
Lubbock, Texas is a fantastic market with or without the Texas Tech students . Things rent quickly and can easily be preleased with a quick turnover time . As far as property taxes…..You can always protest your property taxes if they increase to much from one year to the next. Doesn’t always work but worth the time to try .