Posted by CA on March 18, 2005 at 11:23:28:
I have contacted some brokers in the areas but in process of doing more research. Forclosure rate is very high in TX. New homes are pretty cheap(comparing in So CA) so I don’t know how much impact to rental market. Property tax are higher 3%.
Buying duplex in Texas. - Posted by Sg
Posted by Sg on March 18, 2005 at 10:14:36:
Hi
Has anyone bought SFR or duplexes in Texas from out of state. I am wondering how the rental market is in suburban south west of Dallas area?
Is there any message board for Texas out there.
Thanks
Re: Buying duplex in Texas. - Posted by gerald(tx)
Posted by gerald(tx) on March 18, 2005 at 11:51:05:
The entire DFW area rental market is soft. You can buy reasonable priced properties that will cash flow, if, I say IF you can keep them rented. Vacancies will tear you up.
The suburban south west of Dallas area? That area has the best bargains because it has the highest foreclosure rate. But also the highest rental vacancy rate.
gerald