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Updated over 4 years ago,
Rental property in Abilene TX
Hi! I am looking for anyone with knowledge of the rental market in Abilene, TX that would like to help a new person learn the ropes. I am new to all of this and learning as fast as I can and talking to the people I can find, but would like to pick new brains because it seems everyone has something different or new to share! Mostly wondering if there was a sweet spot for the amount of rent you can charge in this area. I fear getting too much house with not enough demand for the rental price that would be required to make it worth buying. I also got a flood insurance quote on a property I was looking at and it more than doubled the amount I would be paying monthly in insurance for the property... is that normal? I've never lived in a flood zone.Thanks!