Asked by fredlw, Houston, TX • Tue Aug 20, 2013
#1 The most important question is : how much would be the rough ROI with current market situation with all the tax , insurance, HOA, manage and maintenance fee deducted in Houston? I studied for a while to find out although the house price is relatively low, the tax and insurance seems to be higher than some other states like CA and NV which doesn't lead to that much high of a investment return. Could it still possibly be 10%?
#2 I took some time looking at the university area. Do you think it's a good idea to rent to university student or better to employed family ? Which one is more stable in terms of renting?
#3 As I live in China , I wonder if I have to go on site when making the transaction or the buyer agent can represent me to finish all the deals? How long is it going to take to finish the whole buying transaction?
#4 Is it possible to hire a rental management company to help me manage the house all year round without having me involved on site? How much should I pay?
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