Starting Out
Market News & Data
General Info
Real Estate Strategies

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal



Real Estate Classifieds
Reviews & Feedback
Updated over 9 years ago on . Most recent reply

Choosing between markets in MA, SC, and TX
Okay. So I'm sort of facing a dilemma. My mother is talking about moving go Dallas TX. We are currently living in Columbia, SC. We are originally from Sprjngfield, MA.
I just came back from visiting family in Springfield, MA. While up there I noticed how almost the whole city is filled with multifamilies, which is what I really want to invest in. Let me also note that I want to "buy and hold". Columbia is mostly single family and Dallas, I'm unsure of, but will start researching and will then compare all three.
I would love to hear from the BP community on your guys' thoughts. Also what should I pay attention to when comparing markets like these? What should I watch out for? Please help.
Most Popular Reply

A bit of a different perspective here.
Dallas market is boiling hot, probably a bad time to enter.
Massachusetts has both a higher income tax rate and the median property tax in MA is nearly $3,000 a year higher than in South Carolina.
Factor in the lower cost of entry in South Carolina, and I think it becomes an easier decision.