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Updated over 3 years ago on . Most recent reply

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27
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6
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Silas B.
6
Votes |
27
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Lubbock Texas Rental Investment

Silas B.
Posted

Thinking about investing out of state (for a rental property) in South Western Lubbock TX and had a few questions:

1) For those already doing this, do you prefer college kids rentals or single family homes? (OR duplexes?)

2) Taxes....sounds like some pretty high taxes, especially as you get into Wolfforth - does it pay off through high rents (SFH) and longer term tenants in a nicer area?

3) Any other advice? New to the forum, thanks!

Most Popular Reply

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9
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9
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Kendra Sutherland
  • Real Estate Broker
  • 5701 79th Street Lubbock, TX 79424
9
Votes |
9
Posts
Kendra Sutherland
  • Real Estate Broker
  • 5701 79th Street Lubbock, TX 79424
Replied

Lubbock, Texas is a fantastic market with or without the Texas Tech students . Things rent quickly and can easily be preleased with a quick turnover time .  As far as property taxes…..You can always protest your property taxes if they increase to much from one year to the next. Doesn’t always work but worth the time to try . 

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