So my beloved as well as I reside in California. However, he has been revelation me how he wants to buy the home in Texas, lease it out, have distinction whilst skill worth goes up, afterwards sell it as well as buy the home here. Do you consider these have been great ideas? I am frightened to have him deposit income in something as extreme as that. All i know is which you unequivocally wish the home here in California though they have been sooo expensive! Help! What should you the initial step?
How to Invest Money to Make Maximum Profits
Tag
about Accounting Analysis best Business Businesses company credit Enterprise Estate Finance Financial financing find Forex From Funds good help... Home Invest Investing Investment Know Loan Loans Management Market Marketing Money Need online Plan profit Real Research Should Small start stock this Tips trade Trading would-
Recent Comments
- VP on LOOKING TO INVEST IN A BUSINESS WITH SOMEONE. ANY IDEAS?
- Michael B on LOOKING TO INVEST IN A BUSINESS WITH SOMEONE. ANY IDEAS?
- Vincent on LOOKING TO INVEST IN A BUSINESS WITH SOMEONE. ANY IDEAS?
- Omnis on WHERE WOULD I GO TO FIND PEOPLE WHO ARE WILLING TO INVEST INTO MY BUSINESS OR TO INVEST IN THEIR BUSINESS?
- Carc CowBoy on WHERE WOULD I GO TO FIND PEOPLE WHO ARE WILLING TO INVEST INTO MY BUSINESS OR TO INVEST IN THEIR BUSINESS?
- Astro;Andy H. on WHERE WOULD I GO TO FIND PEOPLE WHO ARE WILLING TO INVEST INTO MY BUSINESS OR TO INVEST IN THEIR BUSINESS?
- jsforex.blogspot.com on WHAT BUSINESS CAN I INVEST FOR A 15 THOUSAND BUCKS PHILIPPINE PESO?
- Alvie on WHAT INVESTOR IN THEIR RIGHT MIND IS GOING TO WANT TO INVEST IN BIG BUSINESS ANYMORE?
- chillininvt on WHAT INVESTOR IN THEIR RIGHT MIND IS GOING TO WANT TO INVEST IN BIG BUSINESS ANYMORE?
- TimothyLogan3 on WHAT INVESTOR IN THEIR RIGHT MIND IS GOING TO WANT TO INVEST IN BIG BUSINESS ANYMORE?
Meta
-
Recent Posts
- LOOKING TO INVEST IN A BUSINESS WITH SOMEONE. ANY IDEAS?
- WHERE WOULD I GO TO FIND PEOPLE WHO ARE WILLING TO INVEST INTO MY BUSINESS OR TO INVEST IN THEIR BUSINESS?
- WHAT BUSINESS CAN I INVEST FOR A 15 THOUSAND BUCKS PHILIPPINE PESO?
- WHAT INVESTOR IN THEIR RIGHT MIND IS GOING TO WANT TO INVEST IN BIG BUSINESS ANYMORE?
- HOW DO I ASK FAMILY TO INVEST IN MY BUSINESS?
- I WOULD LIKE TO START A SMALL BUSINESS OR FRANCHISE I COULD INVEST IN OR SOMETHING I COULD MAKE GOOD MONEY OFF?
- WHAT PROFITABLE BUSINESS CAN I INVEST 1MILLION NAIRA ON IN NIGERIA WITH THE ECONOMIC SITUATION AT HAND?
- WHAT IS THE BEST BUSINESS TO INVEST IN ?
- WHAT IS THE BEST HEALTH RELATED SMALL BUSINESS TO INVEST IN THESE HARD TIMES THAT MAY BE VERY REWARDING?
- I AM LOOKING FOR AN ANGLE INVESTOR WHO IS READY TO INVEST IN MY BUSINESS?
- CAN I WITHDRAW MONEY FROM MY RETIREMENT ACCOUNT TO INVEST IN MY NEW BUSINESS AND AVOID THE 10% PENALTY?
- WHY WONT THE IRS LET ME INVEST IN MY BUSINESS?
- WITH $250K WHAT CAN I INVEST IN (BESIDES REAL ESTATE, STOCKS, OR STARTING A BUSINESS)?
- HOW CAN I FIND SOMEONE TO INVEST IN MY BUSINESS?
- WHATS A GOOD BUSINESS TO INVEST 1 MILLION DOLLARS INTO WITH ALL THE CONDITIONS THE COUNTRY IS GOING THROUGH?
- HOW DO I INVEST IN A BUSINESS THAT I BELIEVE IN?
- MY FRIEND WHO IS VERY NEW TO THE COUNTRY HAS 90K AND WANTS TO INVEST IN SOME KIND OF BUSINESS. ANY RECOMMENDAT
- ONE MY FRIEND IS LOOKING FOR A PARTNER FOR HIS BUSINESS AND WANTS TO INVEST MONEY. WHAT SHOULD I EXPECT?
- I WANT TO START A COMPUTER SALES BUSINESS IN HYDERABAD, NEED DETAILS HOW TO START, HOW MUCH I HAVE TO INVEST.?
- I HAVE $30K , WHAT TYPE OF BUSINESS SHOULD I INVEST IN TOWARDS A WEALTHY FUTURE?
{ 6 comments… read them below or add one }
Uh…
Housing prices are now going DOWN…
Your boyfriend is living in the past by a year or so…
Now is the time to sell. Buy at the bottom, sell at the top…
There isn’t much profit in renting houses…. Paying property taxes… insurance… upkeep… deadbeat tenants… If you’re lucky, you can cover the mortgage… Good way to eventually end up with a house (profit) for practically nothing (it will take time and effort over the years). More of a burden in the short term though. When you break down the yearly profits… It’s not that much… The money’s worth less by the time it’s yours and you paid interest on the loan… Not a fantastic investment in a weak housing market where property values are expected to decline further. The only thing that made rental property attractive was the housing bubble that has burst.
The peak in the housing market has changed everything. A little too late to get in and profit from the real estate bubble. Looks like some are moving their money into the stock market. It’s been taking off as housing prices slump. Don’t know how long this will last though…
Bad Idea unless he is in it for the long term. Property values have gone way down nationwide. They are some what stabilizing in some markets but I don’t see them going back up any time soon. Yes they will probably go back up, but there is no prediction of when.
With the immigration issue being what it is, I don’t see property values rising in Texas anytime soon.
Why not buy a small piece of property in the state you already live in? You don’t want to be too far away from the property you own and rent out because you want to check up on it, make repairs, deal with tennants, control other problems, etc…
There are several programs for first time home buyers. Search for ones in your state. Decide if you really want a future with him because should you decide to marry, his poor investments will affect you and his debts will become your responsibility even if you divorce.
I live in South Texas. I can tell you that Texas is a beautiful state, I’ve been all over it. North is COLD, South is HOT. You have every extreme in Texas. BUSY in Houston, San Antonio, Austin, Dallas or laid back QUITE in the Hill Country. You can get TROPICAL in the South. Texas has it all and land is not cheap. I think he has a good idea and I don’t say that just because I live in Texas. I think that once you get here to look at cities and areas, you just might want to stay. I advise looking into smaller areas that are near larger cities. That’s where the money is, people want out of the rat race but not too far from things. Give Texas a try, everyone else is! Ha!! After all, Texas is the ONLY
state in the US that can fly her flag above the US flag! Good Luck!
Owning a rental property long distance is a nightmare. Texas has some very bad weather, serious problems with mold, bugs and foundation problems are ongoing.
Rental property homes tend to turn over pretty fast. He needs to sit down one-on-one with a property manager and see what is available.
“Profit?” doesn’t usually happen in one rental property. But you’ll know more once he talks with a realtor/property manager in Texas.
Good luck.
I am a Realtor in the Austin area housing prices have gone up on average 14% for the last 4 year’s. Area expected to grow 93-197% by 2030. Austin,Dallas,Houston and San Antonio are booming. Not expected to be cooling off for several years. There are a lot of investors from California,Florida etc coming to Texas because of the low housing prices and the potential of making money in other parts of the country are not there. Moving to Texas is a good move Oh yea no state income tax.