You need to price your rental property so that all of these fees and other expenses are fully covered. Additionally, you should take the first few months of surplus money and set it aside to cover the cost of repairs on the property. You should carry good insurance on the property and be prepared to deal with additional costs and other situations as they arise.

1. Is Houston Texas Real Estate a
Good Investment?

2. • It can generate an
ongoing income
source, and can rise in
value over time and prove
a good investment in the
cash value of the
home, land or
commercial property that
you buy.
• You may use it as a part of
your overall strategy to
begin building wealth, but
you need to be sure that
you are ready to begin
investing in real estate.

3. When purchasing real estate as an
investment,
• you need to consider the
cost of taxes and how
much you can rent the
property for.
• go through a rental
company and contract
through them for repairs
and rent collection.
• takes away part of the
burden of repairs and
upkeep for your property,
but it will also cost you
money.

4. • If you are purchasing land
that you plan to sell at a
later date, you need to
research the property
deed thoroughly. Find out
if any roads are planned
close to the land you
purchase and consider
how that will affect the
property value.
• At times it will help make
the land more valuable,
at other times it will
decrease the value. Once
you have done your
research, you should be
able to make the correct
decision about purchasing
it for an investment.

5. • You will need to make sure the
building is completely up to
code, and that you are in
compliance with local codes
and home owner association
regulations before you begin
renting it out.
• This is a good way to get your
feet wet, but you will be living
in the same building as your
tenant. When you set up your
budget, you will want make
sure you can cover the entire
mortgage and still live
comfortably without the
additional rent payments
coming in.

6. • For all of your Commercial Real
Estate needs, if you are looking
to purchase Commercial
Property, Commercial Land,
Real estate Leasing, or looking
for a Real Estate Investment, in
Houston Real Estate we are the
Real Estate Broker you are
looking for! Contact me, Danny
Nguyen, CCIM, at (713) 270-
5400, E-mail:
info@dncommercial.net ,
Address: DN Commercial, 9999
Bellaire Boulevard, Suite 909,
Houston, TX 77036.