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Updated over 6 years ago on . Most recent reply
Buying rental property in TX gulf region good or bad idea?
Hello,
I've been checking out real estate markets in the Texas Gulf region such as Corpus Christi, Victoria, and the RGV. Is it a good idea or bad to invest in those areas of Texas because of hurricane season and flooding? I understand there are flood maps on the FEMA website and the need to buy flood insurance. I am interested in rentals not flipping in those markets.
THANK YOU
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Ronald Rohde
#3 Commercial Real Estate Investing Contributor
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- Dallas, TX
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Ronald Rohde
#3 Commercial Real Estate Investing Contributor
Pro Member
#3 Commercial Real Estate Investing Contributor
- Attorney
- Dallas, TX
There is no good or bad investment, it just depends on your goals, the price you pay, the time into the project and the return for your time/money.