Home Buying in Amarillo>Question Details

Anj, Other/Just Looking in thailand

Rental Properties in Amarillo

Asked by Anj, thailand Thu Oct 18, 2007

Where are the best areas to buy a rental property in Amarillo? In which areas will we have the best chance of getting tenants? Who are the best property managers?

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Anj answering your question below about assuming a Mortgage, you hear about this happening alot. It is a cheaper way to get into a home, but you will want to make sure that the interest rate and terms are in your favor. You will not want to assume a loan on a House that is more than Prime. I can explain this process further if you would like to.
0 votes Thank Flag Link Thu Nov 1, 2007
I really depends on what you are looking for in a Rental, Apartments, Townhomes, Single Family and or Multi-Family? Another major factor is the price that you are wanting to spend. I am a Realtor in Amarillo, and would like to sit down and discuss some of the possibilities that Amarillo has to offer. Give me a call 806.683.7459 or email me at casey@realestateconcepts.com
0 votes Thank Flag Link Thu Nov 1, 2007
Thanks for your advie - I checked out Craigs List and there were lots of entries there that said 'owner can't afford mortgage - take over their mortgage'. This seems a bit dodgy to me - is it?
0 votes Thank Flag Link Sat Oct 20, 2007
As a Realtor and an investor, I would suggest checking out Craigs List and your local newspaper to see what kind of rents the units that you are considering are renting for. The best place to buy? ANyplace that you can generate positive cash flow! Good luck!
0 votes Thank Flag Link Fri Oct 19, 2007
The Hagley G…, Real Estate Pro in Pleasanton, CA
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