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Updated 11 months ago,

User Stats

11
Posts
9
Votes
MJ Jav
  • New to Real Estate
  • San Francisco
9
Votes |
11
Posts

Would you invest 300 k in San Antonio (TX) or Raleigh (NC)?

MJ Jav
  • New to Real Estate
  • San Francisco
Posted

I want to invest in SFH or a duplex in San Antonio or Raleigh (ok with neighboring cities). I am a first-time investor, and this would be an out-of-state purchase. I have done much research and narrowed it down to these two cities. I like Texas, but the only thing that holds me back is the higher property taxes compared to North Carolina.

1- Money: ok to spend ~300K (prefer to put only 20-30% down) and invest in a couple of properties than buying one in cash

2- Prefer cash flow (of course, appreciation would also be great)

3-Prefer SFH over duplex just because with SFH (in a good neighborhood), I probably would have less headache and drama

Here are my questions:

1- Which city do you invest in and why?

2- Would you consider any other city in NC or TX? Why?

2-Am I correct in thinking SFH has less headache over multi? if not, why not?

3- How would you spend the 300k for investment?

Thanks,

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