buying a house around 200k in US for rental income.

Aug 27, 2019 20 Comments

can someone suggest me good cities in US for good rental income. including atlanta, austin, dallas, houston etc

anyone had recent experience of buying with similar budget

any suggestions

thanks

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TOP 20 Comments
  • Amazon Documon
    This is what management companies are for
    Aug 27, 2019 0
  • LinkedIn iwCd53
    Texas. Best rent to mortgage ratio.
    Aug 27, 2019 3
    • VMware legarm
      OP
      Where in texas? Any recommended zipcodes
      Aug 27, 2019
    • Workday / Product tdf
      redfin.com
      Aug 27, 2019
    • Intel / Design
      bshy

      Intel Design

      PRE
      Microchip Technology Inc.
      bshymore
      Austin. Near high tech companies
      Aug 29, 2019
  • Intel / Design
    bshy

    Intel Design

    PRE
    Microchip Technology Inc.
    bshymore
    Phoenix not bad either
    Aug 27, 2019 2
    • Intel D’s🥜
      That place will melt before the mortgage is paid off
      Aug 29, 2019
    • Intel / Design
      bshy

      Intel Design

      PRE
      Microchip Technology Inc.
      bshymore
      Lol. So is Texas, but both states have good rent to buy ratios
      Aug 29, 2019
  • New BRxh88
    My main contention with this question is that it doesn't sound like you are taking into account the rental process. Say something goes wrong at the house. As the landlord you will have to solve the problem. Sure you could hire someone, but you will have to call around and hire someone and hope they get the job done. And what about finding a renter when you are not there? I'd say buy a house wherever you are.
    Aug 27, 2019 4
    • New BRxh88
      And if you cannot afford a house, buy a condo
      Aug 27, 2019
    • VMware legarm
      OP
      Well bay area is out of hand and is highly overpriced. I dont want to dump that much money with a mediocre condo with 400 hoa and 1500 tax with maintenance cost as well. Thats why looking elsewhere.
      Aug 27, 2019
    • LinkedIn iwCd53
      There are management companies which can take care of all these concerns. They charge minimal.
      Aug 28, 2019
    • VMware Admin!23x
      Property managers can take cate of that. Income properties can be very passive if you hire good property managers.
      Aug 28, 2019
  • New / Sales
    HappyHomes

    New Sales

    PRE
    SelfMade
    HappyHomesmore
    Spring Hill,FL housing here is still relatively cheap while the rental market stays consistently high.
    Aug 29, 2019 0
  • Marqeta ipoipo
    Rochester New York.
    Aug 27, 2019 0
  • TripAdvisor / Other i<32travel
    Las Vegas
    Aug 27, 2019 0
  • DocuSign / Eng
    Knam

    DocuSign Eng

    PRE
    Microsoft
    Knammore
    Detroit
    Aug 27, 2019 0
  • Amazon Documon
    Garland texas
    Aug 27, 2019 0
  • Amazon Documon
    Wylie texas
    Aug 27, 2019 0

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