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Updated over 8 years ago on . Most recent reply
Things you should know before you buy real estate in Texas?
I just want to see what I can learn from people that are investing here in Texas.
I would like everyone to just leave one thing about investing in Texas.
I'll start:
Don't depend on the oil business to keep your rentals full.
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I am agree @Jay Hinrichs, with your concerns but following advantages make your investment risk free in Texas... Any particular kind of recession will not affect you investment just like it can happen in other places..
- Most inexpensive real estate out of top 15 Metro.
- Rock Solid Economy
- 5 cities include in Top 10 fastest growing city of USA (Austin, Houston, San Antonio, Dallas and Fort Worth)
- #1 infrstructure
- Best place to do business
- Most diverse economy
- Highest number of Fortune 500
- Second biggest economy in US after CA.
- etc...