Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Local Real Estate Networking
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 11 years ago on . Most recent reply

User Stats

3,829
Posts
2,925
Votes
J. Martin
#1 Real Estate Events & Meetups Contributor
  • Rental Property Investor
  • Oakland, CA
2,925
Votes |
3,829
Posts

Texas Forum - SF Networking Summit Connections

J. Martin
#1 Real Estate Events & Meetups Contributor
  • Rental Property Investor
  • Oakland, CA
Posted

This forum is for anyone coming to my Networking Summit who would like to talk about the Texas market to start connecting and talking about this market before the Summit! (see website in signature) If you're a local with some input, that's greatly appreciated too!

As requested by @Johnson H. .. @Ken Lau , @Kyle Tam , and @Sandeep S. , how are things going out there? I believe @Will Barnard is also investing in the Dallas-Fort Worth (DFW) area. 

Is this mainly a play on population and job growth? Driven by energy? Tech? All around? I keep seeing the "bring your business to TX" ad campaigns around CA. If not for CA being a totally amazing place to live and enjoying investing in my back yard, I would probably be all in there!

Most Popular Reply

User Stats

139
Posts
50
Votes
Blake C.
  • Investor
  • Amarillo, TX
50
Votes |
139
Posts
Blake C.
  • Investor
  • Amarillo, TX
Replied

Over the years I have lived in San Antonio, Austin, DFW, and now Amarillo, with family still living in all four places plus Houston. The major metro markets in TX are strong because of all the reasons you listed above (tech, energy, and really more. Texas is a state thats legislates well for business (=population growth), works to keep taxes low, the weather is great, landlord laws are solid, cost of living is rather low, unemployment is low, and no one wants to move away. People in CA love it there, but once you live here, you tend to not want to live elsewhere.

The Austin market has been hot for the last 20 years really. Like everywhere else, it took a slow down in the 2008-2010, but it has come back strong.

I owned a SFR in DFW for a while but took my exit last year to invest more locally now that i don't live there anymore. In some ways, I wish I would have kept it, but I'm not found of investing 300+ of miles away. The Amarillo market isn't crazy, but its steady with a very modest appreciation.

Ask a Texan and they will tell you "Don't just invest in TX... find a way to move here."

With Stereotypical Texan Pride,

Blake

Loading replies...