All Forum Posts by: Eliran Michaeli

Why Texas right now? On every list of the fastest declining price point markets, about 60-75% are in Texas. Yes, that could mean better deals, but you are buying into sinking markets in most cases right now. Pricing may fit your budget, but you want a strong asset and good value with upswing.

Thank you for the response. Which market would you recommend to focus on with this budget?

0 Votes

Rio Grande Valley, Texas

Quote from @Nydia Rodriguez:

good afternoon!

I'm local to the RGV. Alll of those areas are good to invest in.

Edinburg has a new football coming into their university which is UTRGV and the season is set to start in Fall of 2025. We have an influx of people coming in who are associated with the program that are purchasing and renting. In addition Edinburg is ranked twelfth fastest growing city in the country. (Article attached) https://www.valleycentral.com/news/local-news/edinburg-sees-...

McAllen has been ranked one of the safest cities in the state. McAllen is minutes away from Edinburg. https://foxrgv.tv/mcallen-pd-annual-report-city-ranked-third...

San Juan does have new projects coming through as well. You can take a look at its economic development site to learn more on it. They're also focusing on improving roadways and infrastructures to bring in new businesses to that area. https://sanjuanedc.com/another-project/

I do advise to look at each cities economic development sites.. they offer a lot of information as to what projects will be coming to those areas and it'll give you more or less an idea as to what city you'd like to invest in.

If you have any questions just let me know!

Thank you!!

Where can I find those cities economic development sites?

1 Vote

Rio Grande Valley, Texas

Hi to everyone,

I am interesting to start investing in TX area (in the cities close to the Mexican border).

Is it a good area? I saw some interesting single family houses (newly constructed) in the range of 200-300K, for examle in:

McAllen

Edinburg

San Juan

Mercedes

How can I deep go into research about those cities and neibarhoods in term of demand for rentals and for sales? It seems that those areas are full with new inventory. my concern is that is too close to the Mexican border and that there are many lands available for new construction.

Another thing, most of the houses price history in somehow hidden in redfin \ Zillow. There is another way to see the listing prices history if I can't see it on those webs?

2 Votes

Rio Grande Valley, Texas

All Forum Posts by: Eliran Michaeli

Eliran Michaeli has started 1 posts and replied 4 times.

Post: Investing in a single family in TX area as a first investment

Post: Investing in a single family in TX area as a first investment

Post: Investing in a single family in TX area as a first investment

Post: Investing in a single family in TX area as a first investment