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Updated over 6 years ago,
Investing in Lubbock, TX
Hi,
This is my first post. Looking to invest in Lubbock, TX. My understanding is that there is enough housing for the students and there is more of a demand for duplexes and Single Family rentals.
My questions are:
1) Is it better to buy a SF home or a Duplex? I believe the Cash flow is better on a duplex than on a SF home. There seems to be a decent supply of duplexes on the market. Is there an oversupply or just that the supply is there to meet the growing demand.
2) Between the two school district which is a better bet - Frenship or Cooper?
3) Between Foxridge and Bushland communities which is a better bet in terms of ease of renting and better cash flow.
These deductions are solely based on my research online. I may be completely wrong in my deductions. I would greatly appreciate some inputs.
Thanks,
Juhi