All Forum Posts by: Justin Brophy

@Christopher Tredennick 

@Jeff Wallace 

From your points of view, Spring is not the "greatest area" at the moment?  If my target tenants would be a family; looking for good schools in the area, etc.  I am looking for something to buy and hold for at least 3-5 years and possibly help to boost my next property.  Are there any areas you guys suggest within Houston to look towards and/or stay away from?  Thanks again for your input.

What about Dallas Fort Worth and Southwest Arlington?  Any suggestions?  Thanks again.

@Sonny Ngo 

Thanks for the insight regarding Houston.  I've been looking at many different areas and really like what I see in The Woodlands area.  Seems like this area really has a lot of the characteristics I'm looking for in a rental investment neighborhood.  Let me know what you think?  Also, do you have any agents you suggest who would be willing to show me some of these properties when I make the trip out in October to check out the different areas?  Thanks again.

Hello all,

I've done quite a bit of research, reading, and networking in regards to my first purchase.  I was originally leaning towards Las Vegas but have now decided it will be Texas or possibly Oklahoma.  I am looking for some input from investors in these states and any information or experiences would be appreciated. 

I am looking for a rental property, I will spend between around 115k-125k max, 3br/2ba (Not looking to do much rehab).  My criteria is a property with a decent cash flow and hopefully consistent appreciation.  I have been researching and hearing great things about the Dallas Fort Worth area.  Any investors have anymore areas specifically? 

Also, I will most likely be making a trip out to the area in a couple months to do my in person research on the different areas/neighborhoods and view the different properties.  Anybody with realtors who may be willing to show me around in Dallas Fort Worth or OKC when I make the trip?  Thanks in advance for your input.

I'm looking at the residential side of things out there.  I understand I'm not going to make millions off of a single family home in Oklahoma in the way of appreciation but I am looking for something steady in the way of cash flow.  This is a "starter" which I will use to build cash flow a little bit of equity, purchase my next one, and move on.  I will probably stay in the range of 115k - 125k on this one.  What do you guys think?  Thanks again. 

Hello all,

I am an out of state investor from Southern California.  I've done quite a bit of research on some out of state rental investment opportunities.  I was initially leaning towards Las Vegas but I soon learned the investors have drove the prices up quite a bit in these last few years causing my potential cash flow to diminish.  I have really been focusing and doing quite a bit of homework in the state of Oklahoma, more specifically Norman, Ok.  I was wondering if any of you local or out of state investors can offer any feedback on the area?  Success stories, etc.  Thanks for any input, I really appreciate it. 

@Mohammed W. 

Thank you for the information, I am definitely doing as much homework as I can before I "jump in".  I am looking at some other areas besides Las Vegas because I have definitely noticed the trends you have mentioned.  Lots of investors most likely paying all cash and probably multiple offers on properties, causing prices to go up and making it difficult on a newer investor like myself.  I do have some other states in mind and have been doing research on those as well.  This site has been a wealth of knowledge thus far and it's good to see people sharing ideas and helping each other out.  Thanks again.

@Hattie Dizmond 

@Account Closed 

I have been hearing great things about the Dallas/Fort Worth Area and Texas in general as well.  I was wondering about your thoughts on the fact that Texas has the 3rd highest property tax percentage?  Is that a concern to the investors?  Thanks again.

@Account Closed 

Thanks for the information.  From what I've seen lately, it looks like newer investors like myself may be late to the party in Las Vegas.  Sounds like it's very difficult to get into a property with decent cash flow opportunities due to the saturation of the market, causing prices to go up.  I'm interested in learning more about the areas you have enjoyed success.  I was considering Memphis awhile back but then I was stuck on this Las Vegas idea for awhile.  Let me know what you think.  Thanks again. 

I'm looking to stay in the 130k range on this one.  I have been doing my research and thought I had my target area narrowed down to Spring Valley; but from what I'm seeing I may be late to the party.  Looks like prices have gone up recently and cash flow is diminishing.  What do you think?

I currently live in Southern California but am looking to invest out of state.  The main reason is due to the housing market here, a lot of money only gets you a little and not much room for cash flow unless you are a cash buyer.  Are there any investors from California out there who have been investing out of state?  I was wondering how things have gone for you and the difficulty of managing a property located in another state.  I have done quite a bit of research and I am strongly considering Las Vegas, due to the market, cash flow opportunities on a rental property, and proximity.  Any thoughts on states near California in which other California investors have been successful?  Thanks for your feedback in advance.