I've got a spreadsheet that can calculate the best investment based on a number of criteria including:
and a lot of other parameters
or - Give me a call if you just want to chat -
A JB Goodwin Agent
I'm with Juice Homes in Hyde Park/Central Austin. If you have time, please stop by our Homebuyer Q & A Session on Feb. 13th at 6pm. It is a fun way to learn as you'll hear what others are asking and of course you'll be able to ask any questions of your own - no obligation whatsoever - it's a learning forum not a sales pitch!
I'll have a loan officer from University Federal Credit Union available to answer financing questions too - really important info for condo-vs.house buying. Q & A is at Juice Homes Office at 508 E. 53rd St. #103 (53rd and Duval) on Wednesday at 6pm - hope to see you.
All in all, single-family homes trump a condominium typically, however you should also consider multifamily units such as duplexes, triplexes, and fourplexes. With a duplex for example, even if you lose the rent on one side, you have rent on the other side help support the mortgage and overhead.
Since I am an investor myself and also help many investors, I would be happy to discuss your short and long-term goals and work with you at no cost if you are not yet working with a Realtor. I also have some great lenders who will pre-approve you at no cost to you, and some great inspectors to make sure you know what you're getting into before you make a purchase. Please let me know if I may be of assistance.
Joe Jarusinsky, Realtor/Master Instructor, Keller Williams Realty, Austin's #1 Real Estate Company, Ranked #1 by Buyers and Sellers (JD Power & Assoc. 2012) Call 512-261-4415
Hands down, single family home is a better investment. A single family is more appealing to renters and will increase in value more than a condo. HOA for a single family home will also be lower than a condo.
Although I cannot say this for all states but I know for sure even in California during the hot housing market in year 2000 - 2006 a single family home increase in value more than a condo. I used to live in CA and still have families there, some in San Jose, so I'm quite familiar with the housing market there, too.
If you ever decide to purchase a home or an investment property in Dallas, please give me a call.
Susie Kay, RealtorÂ®
GRI, CHMS, SFR
United Real Estate
III Lincoln Centre, 5430 LBJ Freeway #280
Dallas, TX 78240
Servicing your real estate need is my priority!
Claire McIntyre, Architect, Broker, Builder
MMI McIntyre Associates
Architects, Engineers, Realtors
So, you have to decide what type of investment is best for you. I'd be happy to discuss this further with you and should you decide to invest in any kind of property, I can also help you find a tenant.
Sierra Homes Realty
If you like more information please call me at 512-468-8788