Special offer

Houston Properties provide Great investment for Out of State Investors

By
Real Estate Agent with Somerset International
We've been marketing properties in Houston Texas to our real estate investor clients in southern California!  WHY, you may ask? BECAUSE it's possible to actually have a POSITIVE cashflow with properties in Houston (and other states as well) as opposed to high negative cashflows with California investment properties.  I just recently got back from a trip to Houston in search of great deals and was thrilled to find some Builder Closeouts which, not only can provide an investor with a positive cashflow once it's rented, BUT also provides some built in immediate equity because of the Builder discount.  Please see http://somersetintl.vflyer.com/3/index-ext.html   this as an example of one of the tremendous deals I found. This BRAND NEW 2400 sq. ft, 4 bedroom, 2 bath, home with granite countertops and high quality appliances, A/C and ceiling fans in all bedrooms was selling for $198,000........................Morrison Homes lowered this last model to $172,000 to close out the neighborhood!!  A $26,000 Immediate Equity for the investor!!  We have formed an alliance with a Houston Realtor who provides us with a 3% Referral fee ( this is 3%........not 3% of his commission!!!!) on this property and many other new developments. We are offering to split this with Realtors such as yourself if you have clients who want to invest OUT OF STATE.  Just refer them to us and upon close of escrow, we will split the 3% referral fee with you!!  Pretty easy money as our Realtor contact does all the work after we bring him the clients!!  Keep this in mind if you have clients who want to invest out of state. Houston is particularly great because the rental numbers are way up (particularly since many folks relocated there after Hurrican Katrina).  We also have found a great property management company that charges only a 5% management fee (we use them on our Houston rental)!  For more info, please call me at 805-298-2180.