Galveston Texas and Investing

Galveston Texas and Investing

So, you want to invest in Galveston, Texas. Great idea!

There are many options. Galveston has beach front homes, condos, canal homes, bay front homes, and also multi-family residential and historic, just to name a few.

A large portion of our investors purchase beach homes and use them as vacation rental income investment. A beach home close to the beach can earn an income of 30-60K per year in vacation rental income. Many owners of beach homes such as these also use them on occasion themselves, and the income generated through vacation rental helps offset the cost of ownership.

Another option is condo investing. Many condos in Galveston can be purchased between 80-200K and on up, depending on location, size and development. Vacation rental income on a condo in Galveston can range from $5-50K, depending on the condo.

A lot of people balk at "H.O.A" fee's in condos and also in housing developments.

Don't be scared by "Home Owner's Association Fee's!"

Remember that in a condo development, the home owner's association fee's pay for building insurance, which saves quite a bit of expense. Many condo developments also include water, cable, etc...

If choosing to invest in Galveston there are many options available to owners of vacation rental property to assist in cleaning, booking of rentals, linens and laundry, etc... Galveston has many companies ready to help you get the best results from your vacation rental property.

Whether a condo or home, there are a multitude of properties in Galveston that can provide you with a great place to vacation for you and your family, as well as providing a sound real estate investment.

Contact me anytime with questions; I'll be happy to help!