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Updated over 7 years ago on . Most recent reply
Which of these main Texas RE markets would you invest in?
I am speaking primarily from a cash on cash return standpoint.
San Antonio, TX
Dallas - Fort Worth, TX
Houston, TX
Looking for your personal favorites and pros/cons of each market. I am looking at SFHs and 2-4 units.
Most Popular Reply
Jay Hinrichs
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- Lake Oswego OR Summerlin, NV
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Jay Hinrichs
#1 All Forums Contributor
Professional Services
#1 All Forums Contributor
- Lender
- Lake Oswego OR Summerlin, NV
I would not be an out of state investor in Texas period. personally.. between property taxs and foundation issues this is a tough market... again just personal opinion based on my expiernce owning property there and paying those astronomical tax bills and having to do foundation work on every single property I ever bought.. that alone wipes out 2 to 5 years of cash flow.
- Jay Hinrichs
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JLH Capital Partners