New investor looking to invest in Texas

[Rahul P.]

Hello everyone, i am based in california bay area. recently bought a house in  Sacramento CA. I am thinking to buy rental property in  Texas denton, Kyle, Buda. 

Need some help to understand YOY home value growth in those areas or any suggestion? where to buy rental property's in Texas.

[Jason Wray]

I would also consider Indiana, Ohio, Florida, Tennessee, Georgia, Alabama as some other states.  Texas is great but the homes prices are on the higher end and its getting tougher to cash flow due to home prices and taxes.

[Rahul P.]

@Jason Wray Thank you so much!

[Alfath Ahmed]

Quote from @Rahul P.:

Hello everyone, i am based in california bay area. recently bought a house in  Sacramento CA. I am thinking to buy rental property in  Texas denton, Kyle, Buda. 

Need some help to understand YOY home value growth in those areas or any suggestion? where to buy rental property's in Texas.

 Texas is great but has become tough over the past couple of years due to market saturation. Still a great market if you can find the right pockets. I have family in both Dallas and Austin that are still buying homes. 

I know a lot of investors from the west coast in California and Seattle, WA are investing in the midwest due to the strong cashflow and appreciation. 

[Rahul P.]

Quote from @Alfath Ahmed:

Quote from @Rahul P.:

Hello everyone, i am based in california bay area. recently bought a house in  Sacramento CA. I am thinking to buy rental property in  Texas denton, Kyle, Buda. 

Need some help to understand YOY home value growth in those areas or any suggestion? where to buy rental property's in Texas.

 Texas is great but has become tough over the past couple of years due to market saturation. Still a great market if you can find the right pockets. I have family in both Dallas and Austin that are still buying homes. 

I know a lot of investors from the west coast in California and Seattle, WA are investing in the midwest due to the strong cashflow and appreciation. 

Hello @Alfath Ahmed, What’s the market in Columbus Oh? 

[Jordan Moorhead]

Quote from @Alfath Ahmed:

Quote from @Rahul P.:

Hello everyone, i am based in california bay area. recently bought a house in  Sacramento CA. I am thinking to buy rental property in  Texas denton, Kyle, Buda. 

Need some help to understand YOY home value growth in those areas or any suggestion? where to buy rental property's in Texas.

 Texas is great but has become tough over the past couple of years due to market saturation. Still a great market if you can find the right pockets. I have family in both Dallas and Austin that are still buying homes. 

I know a lot of investors from the west coast in California and Seattle, WA are investing in the midwest due to the strong cashflow and appreciation. 

Do you know what your family in Austin is buying? What I've seen work best is commercial, STR, MTR and co-living. Development and flips work too but I look at that as more of a business.

[Erika Aguirre]

Hey Rahul, let's connect. I have Investment properties in all Texas. We work with all types of Investors, nationwide. 

[Mike Paolucci]

Quote from @Rahul P.:

Hello everyone, i am based in california bay area. recently bought a house in  Sacramento CA. I am thinking to buy rental property in  Texas denton, Kyle, Buda. 

 Glad to see other investors from CA looking out of state. I'm originally from San Francisco and started off in 2021 doing the same thing but in Ohio. 

Let me know if you have any questions about being an OOS investor. Happy to help out. 

[Rahul P.]

Quote from @Mike Paolucci:

Quote from @Rahul P.:

Hello everyone, i am based in california bay area. recently bought a house in  Sacramento CA. I am thinking to buy rental property in  Texas denton, Kyle, Buda. 

 Glad to see other investors from CA looking out of state. I'm originally from San Francisco and started off in 2021 doing the same thing but in Ohio. 

Let me know if you have any questions about being an OOS investor. Happy to help out. 

I have sent you PM 

[Bradley Buxton]

@Rahul P.

A market closer to the Bay area is Reno, NV. Low property taxes, landlord friendly and with tech and manufacturing jobs moving from the Bay Area there is strong job growth. It's a market still overlooked by many investors. All that combined with limited building and no state income tax there is positive rent and appreciation. Happy to share data and insights in the area. 

[Rahul P.]

Quote from @Bradley Buxton:

@Rahul P.

A market closer to the Bay area is Reno, NV. Low property taxes, landlord friendly and with tech and manufacturing jobs moving from the Bay Area there is strong job growth. It's a market still overlooked by many investors. All that combined with limited building and no state income tax there is positive rent and appreciation. Happy to share data and insights in the area. 

 Sure, we can chat. I have sent you PM 

Thanks for the reply!

[Jimmy Lieu]

Quote from @Rahul P.:

Hello everyone, i am based in california bay area. recently bought a house in  Sacramento CA. I am thinking to buy rental property in  Texas denton, Kyle, Buda. 

Need some help to understand YOY home value growth in those areas or any suggestion? where to buy rental property's in Texas.

Hi Rahul, you might want to look into the Columbus OH market. The market is on fire because of great macroeconomics - population growth, job growth, and companies moving and developing here like Intel, Google, Facebook, Amazon, Honda, etc. I have clients from California who are successfully purchasing flips and BRRRRs here at a very cheap price point at $120k-$180k - positive cashflow and tons of appreciation. Happy to connect and answer any questions you may have!

[Alecia Loveless]

@Rahul Prabhakar Taxes in Texas are out of control. My sister has a decent portfolio in Denton, TX and over the past 3 years her taxes have gone up 100%+ across her entire portfolio.

I recommend looking elsewhere as you won’t cash flow.

[Saurabh Mithal]

@Rahul P., thank you for starting this thread. I am learning a lot through the discussion on this thread. 

I used Perplexity Pro to figure out some information for you. 

https://www.perplexity.ai/page/texas-denton-kyle-buda-eMQX8f...

I am not sure if this is helpful, but thought I'd share. 

[Rahul P.]

Quote from @Alecia Loveless:

@Rahul Prabhakar Taxes in Texas are out of control. My sister has a decent portfolio in Denton, TX and over the past 3 years her taxes have gone up 100%+ across her entire portfolio.

I recommend looking elsewhere as you won’t cash flow.

@Alecia Loveless thank you so much for knowledgeable reply, thats what i been hearing so far through lot of members here in BP. I am also exploring Ohio Columbus and other city's in the midwest  

[Rahul P.]

Quote from @Saurabh Mithal:

@Rahul P., thank you for starting this thread. I am learning a lot through the discussion on this thread. 

I used Perplexity Pro to figure out some information for you. 

https://www.perplexity.ai/page/texas-denton-kyle-buda-eMQX8f...

I am not sure if this is helpful, but thought I'd share. 

 Thank you Saurabh! 

I have learn a lot in the short period of time, Joining BP is one of the smart decision so far, I hope you are accumulating good amount of Knowledge   

[Kristin Solbach]

Quote from @Bradley Buxton:

@Rahul P.

A market closer to the Bay area is Reno, NV. Low property taxes, landlord friendly and with tech and manufacturing jobs moving from the Bay Area there is strong job growth. It's a market still overlooked by many investors. All that combined with limited building and no state income tax there is positive rent and appreciation. Happy to share data and insights in the area. 

 I would be interested to learn more about Reno if you dont mind sharing. Thanks a lot in advance, Kristin

[Jacob James]

Quote from @Rahul P.:

Hello everyone, i am based in california bay area. recently bought a house in  Sacramento CA. I am thinking to buy rental property in  Texas denton, Kyle, Buda. 

Need some help to understand YOY home value growth in those areas or any suggestion? where to buy rental property's in Texas.

Hey Rahul!

I am also looking to invest in a property in Texas, specifically San Antonio. I currently reside here and have been interested in structuring a partnership in order to structure my first deal, if interested, feel free to reach out. Hope to hear from you!

[Samuel Diouf]

Quote from @Rahul P.:

Quote from @Alfath Ahmed:

Quote from @Rahul P.:

Hello everyone, i am based in california bay area. recently bought a house in  Sacramento CA. I am thinking to buy rental property in  Texas denton, Kyle, Buda. 

Need some help to understand YOY home value growth in those areas or any suggestion? where to buy rental property's in Texas.

 Texas is great but has become tough over the past couple of years due to market saturation. Still a great market if you can find the right pockets. I have family in both Dallas and Austin that are still buying homes. 

I know a lot of investors from the west coast in California and Seattle, WA are investing in the midwest due to the strong cashflow and appreciation. 

Hello @Alfath Ahmed, What’s the market in Columbus Oh? 

 Columbus, Ohio is a great market to consider if you're leaning towards appreciation. I moved here from Florida after seeing the projected growth. Multiple, billion dollar companies are investing heavy in our area, such as Intel, Google, and Amazon. Which will bring plenty of other investors and general business to the area.

[Bradley Buxton]

Quote from @Kristin Solbach:

Quote from @Bradley Buxton:

@Rahul P.

A market closer to the Bay area is Reno, NV. Low property taxes, landlord friendly and with tech and manufacturing jobs moving from the Bay Area there is strong job growth. It's a market still overlooked by many investors. All that combined with limited building and no state income tax there is positive rent and appreciation. Happy to share data and insights in the area. 

 I would be interested to learn more about Reno if you dont mind sharing. Thanks a lot in advance, Kristin

 Happy to share data and analytics for the Reno area.  Sent you a PM

[Patrick Bussler]

Quote from @Rahul P.:

Hello everyone, i am based in california bay area. recently bought a house in  Sacramento CA. I am thinking to buy rental property in  Texas denton, Kyle, Buda. 

Need some help to understand YOY home value growth in those areas or any suggestion? where to buy rental property's in Texas.

Denton's seen 5.2% growth, Kyle's a bit slower, and Buda's part of the growing Austin-Round Rock area. You might also want to check out Austin, San Antonio, and Fort Worth - all have their own strengths. Just remember to consider the local job market, population growth, and rental demand when making your decision.

[Justin Brickman]

San Antonio for midterm and short term rentals. Unbeatable cash flow and appreciation potential

[Bruce Lynn]

Quote from @Rahul P.:

Denton is good, but I would suggest Sherman/Denison.  Denton is just tough to find the right ROI/Rent/Price ratio.  I'm looking every day there.  Sherman has awesome growth prospects and some people commute to Dallas.