Another great investment to look into as an alternative to investing in houses would be looking at condo foreclosures in Dallas. With condos you can purchase most condo’s cheaper than a house, and they are smaller so you do not have as big an area to work.
Condo make sense in Dallas because with a condo you usually do not have to worry about foundation issues which is the biggest problem that haunts real estate investors in the Dallas area. With condos you get a cheap property with a small space that are normally in high demand.
So when buying Dallas Condo Foreclosures you save money in the purchase of the property, and the amount of money it will take to fix it because they are smaller than houses.
It is very interesting to see the amount of foreclosures in the Dallas, Tx area. I was wondering if the foreclosure for condo’s in Dallas was also high.
Thanks,
Tom