what city is the good investment property in Austin?

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what city is the good investment property in Austin?

2006-09-09 06:31:03 · 2 answers · asked by Try 1 in Business & Finance ➔ Renting & Real Estate

2 answers

If you are thinking about Austin, TX the properties are cheaper in compare to other parts of USA but properties taxes in TX are extremely higher than any parts in USA if you compare to AZ, its 3 times higher so before you collect any rent you can spend $400-$500 a month on taxes and there is insurance coming on top of it. Ask a realtor how much rent you can collect and compare and how much will be your taxes. Property taxes and insurance are money that is gone (wasted) it’s not a mortgage. I had looked at buying a house in TX and decided not to do that.

2006-09-09 06:38:21 · answer #1 · answered by Isabella789 4 · 0⤊ 0⤋

Austin is a city.

2006-09-09 06:33:08 · answer #2 · answered by amosunknown 7 · 0⤊ 0⤋