All Forum Posts by: Sabuj Banerjee

Hi All,

I recently sold an investment property in CA and am looking to do a 1031 in a landlord friendly state such as TX. My primary goal is appreciation over the next 5/6 years, cashflow positive preferred but cashflow neutral at a min.

I am considering the following options:

1- Purchasing a new duplex from Two Ten Communities in Buda. Any insight on this builder ?

2- I am also looking at Lenar homes in Plum Creek, Kyle and Whisper in San Marcos. Trying to figure out which one to pick with cashflow and future appreciation in mind?

a) Plum Creek, Kyle - 1900 SF, 4 bed 2 bath, corner lot, large backyard, great school district rating

b) Whisper, San Marcos - 2300 SF, 4 bed 3 bath + study room, moderate backyard, OK school district rating

The Whisper property is about $20K higher priced. Both are cash flow positive.

Any thoughts or comments on these above?

Thanks All for your comments and insights! Very helpful. All things considered, I decided to stay away from FL for now. Will be investing in Austin and the surrounding areas.

With that in mind, I have two follow up questions for this community:

1- I am considering purchasing a new duplex from Two Ten Communities in Buda. Any insight on this builder?

2- I am also looking at Lenar homes in Plum Creek, Kyle and Whisper in San Marcos. Trying to figure out which one to pick with cashflow and future appreciation in mind?

Plum Creek, Kyle - 1900 SF, 4 bed 2 bath, Corner lot, large backyard, great school district rating

Whisper, San Marcos - 2300 SF, 4 bed 3 bath + study room, moderate backyard, OK school district rating

The Whisper property is about $20K higher priced. Both are cash flow positive

Any thoughts or comments on these above?

@Brandon Rizzo - Thank you for your insights into the TX market. I was actually in TX this past weekend and mostly focussed on the Buda, Kyle, San Marcos and New Braunfels areas. Coming from SoCal I was amazed at the number of new constructions ongoing in these areas!

Hi All,

I recently sold an investment property in CA and am looking to do a 1031 in a landlord friendly state. My criteria is as follows:

1- Primary goal is appreciation over the next 5/6 years, cashflow positive preferred but cashflow neutral at a min.

2- Preferred portfolio - Duplex & SFH in TX or Duplex each in TX and FL.

3- Area of interest - I-35 corridor by Austin TX and Cape Coral/Lehigh Acres FL.

4- Focus is on new construction properties for obvious no immediate maintenance needs and Developer incentives on interest.

I know Austin is a no brainer but I would like to get your expert opinion on Cape Coral/Lehigh acres FL area. I have seen older articles on these areas but wanted to get a more recent opinion. 

My main concern in FL is the flood and storms. Is that a legit concern in Cape Coral (which is my preferred location over Lehigh Acres)? I feel that cash flow would be better in Lehigh vs. Cape BUT when it comes to appreciation, Cape would be better.

All advice and comments welcome.

@Jesse Dickens - I recently came across this and have a call setup with someone from Jeff's team this week. I am curious if you ever joined their program and if you have, what has your experience been so far? Please advise.