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Updated over 9 years ago on . Most recent reply

User Stats

227
Posts
35
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Jonathan Perez
  • Realtor
  • Jacksonville, FL
35
Votes |
227
Posts

Choosing between markets in MA, SC, and TX

Jonathan Perez
  • Realtor
  • Jacksonville, FL
Posted

Okay. So I'm sort of facing a dilemma. My mother is talking about moving go Dallas TX. We are currently living in Columbia, SC. We are originally from Sprjngfield, MA. 

I just came back from visiting family in Springfield, MA. While up there I noticed how almost the whole city is filled with multifamilies, which is what I really want to invest in. Let me also note that I want to "buy and hold". Columbia is mostly single family and Dallas, I'm unsure of, but will start researching and will then compare all three. 

I would love to hear from the BP community on your guys' thoughts. Also what should I pay attention to when comparing markets like these? What should I watch out for? Please help. 

Most Popular Reply

User Stats

125
Posts
92
Votes
Jon Behlke
  • Accountant
  • Hopwood, PA
92
Votes |
125
Posts
Jon Behlke
  • Accountant
  • Hopwood, PA
Replied

A bit of a different perspective here. 

Dallas market is boiling hot, probably a bad time to enter.

Massachusetts has both a higher income tax rate and the median property tax in MA is nearly $3,000 a year higher than in South Carolina.

Factor in the lower cost of entry in South Carolina, and I think it becomes an easier decision.

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