David Beard Hey David, thanks for your reply.
To address your post, I have several property managers that I refer business to as well as investor-friendly contractors. One group of property managers I work with, Empire Industries, has quite a few Canadian clients and you can't get much more out of town than that (for North America, at least). As for the quality of the area, Texas City isn't the Beverly Hills of Houston, but it is a blue-collar suburb that can offer significant returns for rental investors.
I have only posted a handful of properties for sale on Bigger Pockets, but my firm, New Western Acquisitions, works with quite a few out-of-state investors. We typically require that there be someone on the ground here in Houston, whether it be a partner, contractor, or property manager. It's a conflict of interest if you'r relying solely on my suggestion to purchase a property without seeing it firsthand.
Since these properties are vacant, landlord paid utilities would be the owner's option and could be built into the rental rates accordingly.
The bedroom / bathroom breakdown for the three properties is as follows:
I. Two 1 / 1's.
II. Two 1 / 1's.
III. Two 2 / 1's.
If you'll share with me your e-mail, I'll be happy to send you more information including pictures.
- Lyall
P.S. - My broker is from Cincy.
