All Forum Posts by: Shyam Kumar

@Nathan Gesner

I thought Texas will have lesser net income since the property taxes are higher there.

@Kerry Noble Jr

Why wouldn't you invest in Texas or Florida?

Hi. 

I live in Toronto, Canada. But I am planning to make real estate investments either in Dallas or Miami. I am still deciding which is a better place for rental investments? 

I know that Texas has higher property tax. But overall which is a better from real estate investments?

Hi,

I am interested to real estate investments in Florida. But I am very concerned that Florida gets frequent floods and hurricanes which ends up in huge property damages. 

I am sure there are other real estate investors who would have faced these challenges and concerns. Any guidance is appreciated !

Also, does Florida have landlord friendly laws like in Texas?

I am planning to start a property management business in Texas. Can I expect to see good profits in this business?

Any guidance is greatly appreciated !

 @Pete Harper Where do you prefer to invest in rental properties, California or Texas?

@Wale Lawal @Joe Funari @John Morgan
My biggest concern investing in Texas are the high property tax and insurance rates. I fear this will affect cash flow and net profits.

Any thoughts on this?

@Joe Funari Thank you for your response. 

California has a high income tax and Texas has no income tax. And still there are more real estate millionaires in California than in Texas. Why is that?

I have been thinking about relocating either in California or Texas. I want make this decision based on which state and city is better suited for real estate investments. I want live in a city where I can expand my real estate investments and make good returns.

Any guidance on this will be very helpful.

I see lots of post online claiming that a good rental property will make around 15% annual rental income. Is this true? 

What is the highest annual rental income (%) you have achieved so far?