All Forum Posts by: Romil S.

What about Roseville ? It seems schools are good and lot of SFH under 400k available.

Thanks DJ for great insight.

Considering Sacramento for SFH real estate investment. Looking to get answers for following questions:

1. What is the potential for appraisal? Historically in last 10 years what has been YoY increase?

2. How easy it is to rent out SFH? What is typical time on market for rental properties to find tenants?

3. Any specific pockets in Sacramento that has more growth potential over other?

Thanks!

Looking to buy investment property in North Leander near Summerlyn / Larkspur area. Prefered home is single storey New / Newer construction.

1. Given it would be 30-35 mins to downtown in off-peak hours, is it still desirable rental friendly area?

2. How long does it take for house on average to get leased / find tenants once listed?

3. What is the avg rent to expect for 4 bed 2 bath home approx 1600sqft ?

4. How is the rental market in Leander ? What is the avg lease duration ? Do people stay put or move a lot and every year there is hassle to find new tenants?

Thanks!

Thanks  Agnes, Costin and Dan for your inputs. 

Curious, why does Texas locals prefer stone or brick facade for home exterior ? It seems that cheaper homes have wood facade vs costly homes have stone - any specific reason?

Thanks Agnes, helpful insight. What do you mean by foundation issues when going east of I35? 

Looking to invest in SFH in Austin suburbs for 300k max for SFH. I am getting options in both Roundrock and Leander area.

1. Which one is better from consistent rental / finding reliable tenant perspective? Leander OR Roundrock?

2. Which one has better potential for appreciation ? Leander OR Roundrock?  It seems Distance wise both are similar from Domain and tech companies

3. I am hearing that for investing in Texas, it is important to find newer homes (aka newer than 2010, as resale wise newer homes would hold more value down the line) - how true is this ? 

4. New Construction and closer to Costco / Walmart but almost non-existant yard vs 2008-2009 homes with 6000 sqft lot - which one would hold more value down the line? Is it important for homes to be closer to shopping amenities and work ? would 20 mins vs 30 mins commute make much diff?

5. Does it matter in Texas demographic to have single storey vs 2 storey homes? which one is more prefered ? 

6. If 2 storey , how important is it to have 1 full bedbath on floor 1?

Any pointers on this will helpful. Thanks! 

Thanks both. Is is typical for all communities to have HOA there? From initial search it looks like anything built within last 10-15 years have HOA. And within same area prices fluctuate a lot between 250-550k for same size of house. Why such a drastic delta? Does having clubhouse and amenities make properties more desirable for resale / Rental?

Thinking about investing in Leander / RoundRock / Georgetown / Cedarpark areas in Austin. Have following questions :

Is market renter friendly ? What is avg time house stays on market before getting leased?

Is it easy to sell given all new inventory selection potential buyer gets?

Is there a potential for appreciation aka next bay area like boom ? 

What would give more return for down payment ? Investing in diff area OR this part of Austin? 

Any Gotchas? Anything to be concerned or aware of about investing out of state?

Considering a house on on Sedge St, 5 homes down the train track in Ardenwood Fremont area. I have few questions regarding this.

1.  Is train noise a issue with respect to day to day living? Does anyone know frequency of trains?

2. Can you hear the train when using backyard?

3. How does it affect house resale value given that it is in good school district and proximity to 84 etc?

4. This area is on border of Fremont / Union city - Can county ever do re-zoning such that this becomes part of Union City and overflows schools are of Union City? 

Thanks!