Out of State Real Estate

Discussion in 'Real Estate' started by dman81, Jan 2, 2006.

  1. dman81

    dman81 Member Original Member

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    Does anyone have experience? My friend just purchased 2 homes in Houston, TX and is basically letting the homes pay themselves off.

    I was thinking of perhaps just purchasing a home within the state but away from the housing boom. Would that be a pretty good idea? Give some cash down so that the house leaves a positive cash flow of $300+.
     
  2. stockmarkettips

    stockmarkettips Member Original Member

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    Where do you search online for homes in Texas?
     
  3. frusnak

    frusnak Active Member Original Member

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    Check on national realestate company web sites, on line newspaper classifieds and any search engine will get you started! :D
     
  4. crazymonk

    crazymonk Member Original Member

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    realtor.com is good, a couple days behind the market though. We bought a house in Texas too. Beside the changing weather, bad foundation, high property tax, weird laws, Texas is a good place to live
     
  5. annjohn2

    annjohn2 New Member Original Member

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    I decided it was not very ethical to buy tax liens in Texas. The intrest rate is too high!
     
  6. Rental Lease

    Rental Lease New Member Original Member

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    Rental Investment Performance Calculator

    Ideally, you want to find an area with a strong rental market but an affordable buying market (easier said than done).
    You can check out Rentometer Pro for market rents, and you can get real estate sales trends on Zillow. Also, I know EZ Landlord Forms has buried in its site a rental investment performance calculator (here's a link to help find it easier).
    As a general piece of advice, multi-unit buildings tend to have better cash flow than single family residences.
    Best of luck with your rental investing!

    Cheers,

    _____________________
    This Guy
     
  7. blackfoxtrade

    blackfoxtrade Member Original Member

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    Get ready for tax increases. The government will do anything to 'boost' revenues and landlords are the next ones in line. Not trying to be a doomer or anything, just pointing out a possible rake in the grass you would want to avoid stepping on.
     
  8. realestatedubai

    realestatedubai New Member Original Member

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    hey i am Real estate broker and agent i have 12 years experience in this filed. i have suggestion you purchases house in Dubai.Here is grateful locations and with a strong rental market area.Property Link Dubai LLC Provide Real Estate Properties, Villa and Apartments etc.
     
  9. carlawatson

    carlawatson New Member Original Member

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    Limited Subscriptions and Outstanding Free stock picks, Subscribe now - click here


    http://flavr.be/smallcappenny
     
  10. alinasmith001

    alinasmith001 New Member Original Member

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    Even if you are the average buyer can also invest in property in the state. Whether you are looking for deals or dreams of this guide will show you how to buy out of state property.With current market trends, many investors are looking for locations across the country estate. Before you even start looking at real estate markets to find out what your spending limits are.
     
  11. akirasmith

    akirasmith New Member Original Member

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    Understanding the investment property is crucial, because it usually requires a substantial investment and long term. In addition, the housing market can be unpredictable. This is especially important when buying a house beyond themselves, invest in real estate. There are many ways in which an investor can participate in the real estate market.
     
  12. mveeranath

    mveeranath New Member Original Member

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    Here are the successful real estate investing tips like

    Compare Property Values and Rents
    Specialize in something you Know
    Know where your tenants are coming from
    Assess the tax situation
    Investigate insurance coverage
     
  13. harrybicon

    harrybicon New Member Original Member

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    Every time there comes about a claim for an acute appeal for commercially produced audible amount framework or above accumulator area, actual little ability be broadcast a lot faster in allegory to aciculate amount bolt structure.
     
  14. wardkingg

    wardkingg New Member Original Member

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    Every time there comes about a maintain for a serious charm for retail created sensible quantity framework or above accumulator area, actual little capability be transmit a lot quicker in allegory to aciculate quantity secure framework.
     
  15. arnldjacky

    arnldjacky New Member Original Member

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    While real estate agents can help you find your price range, move out of the perfect home in your country, they are good for other reasons. Another way they can help you move through lower costs.
     
  16. EllisKians

    EllisKians New Member Original Member

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    Each about a sound framework for a commercial production or more accumulator area of ​​acute appeal claims, the actual ability to broadcast the many fables discerning amount bolts.
     
  17. mikedouglasy

    mikedouglasy New Member Original Member

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    Each about a sound framework for a commercial production or more accumulator area of ​​acute appeal claims, the actual ability to broadcast the many fables discerning amount bolts.
     
  18. Rocky8866

    Rocky8866 New Member Original Member

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    Does anybody have experience? My friend just purchase 2 homes in Houston, TX and is on the whole letting the homes pay themselves off.
     
  19. gregortarquin

    gregortarquin New Member Original Member

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    It is not an impossible thing to buy a property in different state but it requires some legal evidence or proofs.I also agree with you that moving a house is a big task and if you are going to shift in other state then it is quite difficult.
     
  20. williforddelmar

    williforddelmar New Member Original Member

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    It is pretty good idea to purchase the home out of the state and you need to hire good property advisor who can provide you good deal. Search on the web and you will see many type of agents available, who give free advice to all people. You must be know all legal rules buying and selling in other state.