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Updated almost 10 years ago on . Most recent reply

Pedro Preciado's profile image
Pedro Preciado's profile image
Pedro Preciado
  • from Norwalk, California
  • Member since Apr 6, 2015
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Pedro Preciado's profile image
Pedro Preciado's profile image
Pedro Preciado
  • from Norwalk, California
  • Member since Apr 6, 2015
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Pedro Preciado
  • Norwalk, CA
2
Votes |
19
Posts
Starting Out

INVESTMENT PROPERTY IN TEXAS!

Pedro Preciado
  • Norwalk, CA
Posted

HELLO,  I'M BUYING MY FIRST INVESTMENT PROPERTY OUT IN TEXAS.  I WANTED TO START SMALL SO I BOUGHT A 2 BEDROOM 1 BATH.  I'M GETTING IT FOR 44,000 AND WILL BE PAYING AROUND $300 A MONTH FOR MORTGAGE WHICH EL INCLUDE TAX AND INSURANCE.  I'VE BEEN TOLD THAT A HOUSE THAT SIZE USUALLY RENTS FOR 650. IS THIS A GOOD FIRST INVESTMENT TO START OFF? ANY RECOMMENDATIONS OR WORDS OF WISDOM? THANKS. 

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