"Texas vs. the Rest: Is the Lone Star State Still the Best Place to Invest in RE

[Kent Ford]

Market Growth: Texas cities like Austin, Dallas, and Houston have experienced rapid growth, but is the market becoming oversaturated?

Cost of Living and Affordability: Texas has been known for its affordability—how does it compare to other emerging states like Tennessee, Florida, or North Carolina?

Job Opportunities: The state's robust economy and business-friendly environment attract investors, but are other states catching up?

Rental Yields and Appreciation: Explore how Texas' rental markets stack up against comparable states.

Legislation and Taxes: Property taxes in Texas are high. How does this impact cash flow compared to states with lower tax burdens?

Emerging Markets: Are there underrated states or cities that could rival Texas as the top destination for investors in 2024 and beyond?

[Alecia Loveless]

@Kent Ford Be aware of the property taxes in Texas. Ask to look at 3-4 years worth of taxes before deciding on your property. This will show trends and help you see the bigger picture.

My family has 2 portfolios in the area north of DFW. Their taxes have increased dramatically over the past 4 years, 150-200% increase across the board.

They are lawyers so can appeal through the whole process essentially for free. They have received extremely nominal amounts of relief on over 20 houses they’ve researched and comped to get an abatement.

This has significantly reduced the cash flow across both portfolios.