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Texans...
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Posted by: Slow Nova

Asking for advice...

I'm considering going in 1/2's with someone and buying an investment / vacation house. There ain't no way I can afford one in CA. Florida is still an option, but I'd like to look into Texas, too. The 2nd half of this transaction is stuck on either Houston or Dallas. Of these 2, I prefer Houston because it's closer to the gulf = FISHING. What would you all recommend?

Posted by: StoneFox

Quote:

Originally Posted by Slow Nova


	Asking for advice... I'm considering going in 1/2's with someone and buying an investment / vacation house. There ain't no way I can afford one in CA. Florida is still an option, but I'd like to look into Texas, too. The 2nd half of this transaction is stuck on either Houston or Dallas. Of these 2, I prefer Houston because it's closer to the gulf = FISHING. What would you all recommend?

Houston area isnt bad, I live close to the port of houston theres pretty good fishing around here. My room mate could show ya a bunch of places to go fish. Quite a few drag strips too

Posted by: Topless Jeepgirl

Is it true that

everything

is BIGGER in Texas?

Posted by: LS1JAY

Ever been to Pine Island or Longboat Key in Florida?

Posted by: The OLE MAN

Quote:

Originally Posted by Topless Jeepgirl


	Is it true that everything is BIGGER in Texas?

YEP, especially the EGO's

The OLE MAN

Posted by: GMR

Posted by: VETTKLR

Quote:

Originally Posted by Topless Jeepgirl


	Is it true that everything is BIGGER in Texas?

Come find out.

Quote:


	YEP, especially the EGO's

Posted by: StoneFox

Texas rocks, every place else is inferior

Posted by: BurnOut

Slow Nova- if you want good fishing, just do the Florida thing, honestly. Also, regarding the concept of buying an investment property, again, I'd say that Florida is probably a better bet... Texas is great, but if you're looking to hold on to your property for 5-10 years and then turn it around for a big (50%+) profit, then it ain't the place for you. Odds are that any property you bought here would go up in value, but unless something goofy happens I think that you'd be lucky to see a gain of 15%-20% over a 10 year period (probably closer to 10%-15%, really). My mom just saw a gain of ~30% on her house (over an 8 year period), but it's one of those freaky things, since the town we live in has almost tripled in size in that same amount of time.

I'm really not trying to scare you off, but just realize that real estate here is WAAAAAYYY different from what you're used to seeing out there... see, ya'll are, in a lot of ways, space-limited... between the Bay, the mountains, etc... here, there's hardly anything to get in the way of just continuing to spread outward (from the major metropolitan areas)... this is one reason that housing is relatively cheap here. Just something to keep in mind, is all.

I really think that, investment-wise (and fishing-wise), Florida will give you more bang for your buck (barring hurricane damage, of course...

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