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Updated about 7 years ago on . Most recent reply

Austin or Raleigh or Dallas or San Antonio
Hi Folks,
I am buying a new construction from DR HORTON in Austin which is now ready.
I live in Singapore and will be traveling to Austin next week to do the closing.
I believe in buying new construction, so looking at one more property. Since I am out of state, I don’t have any particular preference for Austin, Raleigh/Durham, Dallas or San Antonio. All I want is another SFH for around $190K-200K that can rent for $1500+ rent per month.
I know of forest bluff and Austin colony developments by DR Horton in Austin that will give me that kind of rent, but since I have already bought one in Austin I don’t want to put too many eggs in one basket.
I liked one new townhome construction by DR Horton in Durham within my price range but are not offering the phase 1 to investors.
Would love to hear from the pros here.
Cheers
Suren.
Most Popular Reply

@Surendra Chawla I currently live in the Austin area but moved here from Raleigh. Both have outlying areas that are ideal for what you're suggesting. @Tiffany Alexy is an experienced REI agent in the Raleigh area who would be able to offer guidance. Good luck and let us know where you end up purchasing!