All Forum Posts by: Kent Ford

Great question! Each city’s approach can play a unique role, but zoning for higher density developments stands out as a powerful strategy, albeit a tough one to get passed. By expanding density, a city like Dallas would multiply the housing supply, which naturally helps balance demand and affordability. Subsidized housing and incentives for developers to create affordable units are also critical, especially for supporting lower-income families. A combination of these approaches could create lasting, scalable solutions across Texas. I spend a lot of my time making sure my company is a part of that housing impact, so feel free to reach out if you want to know more.

Absolutely, zoning and density changes can make a big difference, especially in cities like Dallas where the housing demand is so high. Expanding density is challenging to pass, but it can effectively increase supply and balance out costs. Incentives for affordable housing development also play a huge role, particularly in supporting lower-income families and ensuring more sustainable growth. It really seems like a multi-pronged approach is needed to tackle affordability in Texas in a lasting way.

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Quote from @Jordan D'Silva:

As someone who works in the DFW area, I know firsthand how the right location in Texas can make a huge difference in your success. Urban areas like Austin and Dallas are appealing for growth potential and job markets, but the suburbs and smaller towns offer more unique opportunities (lower entry costs and a steady flow of families and retirees seeking affordability and space). It really depends on your long-term goals and how much work you want to put in. Feel free to reach out if you want to chat more about it!

Indeed, the right location in Texas can make all the difference in real estate success. Urban areas like Austin and Dallas definitely have strong growth potential and thriving job markets, but the suburbs and smaller towns are also worth exploring. They tend to have lower entry costs and attract families and retirees looking for more space and affordability. It really comes down to your investment goals and how involved you want to be in the process.

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Quote from @Jordan D'Silva:

It has to do with a couple of things: there’s relative affordability and a pro-business climate that play a big role. But beyond that, Texas offers consistent population growth and strong job markets, which create ongoing demand for housing and commercial spaces. This environment supports everything from single-family rentals to multifamily developments. For real estate investors, Texas represents a dynamic market with long-term growth potential. I’m in DFW, so if you’re looking into breaking into this market, feel free to connect with me if you need advice.

I agree. Texas has that mix of affordability, business-friendly policies, and solid job growth that really drives demand for housing. It’s a great environment for real estate, from single-family rentals to multifamily projects.

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Timing is everything in Texas real estate! Did you know that demand can vary widely across Texas cities? Austin’s tech boom, for instance, creates a different rhythm than the quieter, steady growth in San Antonio. 📈 Know your market timing, and reap the rewards! #TexasRealEstate #MarketTiming

#TexasInvestment #RealEstateTips #TexasBoom #AustinMarket #SanAntonioRealEstate

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Calling all photography lovers! Snap a shot of the most stunning Texas property you’ve come across, tag us, and your image might be featured on our page. Show off the Texas charm that makes these homes so special!

#TexasArchitecture #RealEstatePhotography #KingdomFirstProperties #BeautifulHomes #TexasEstates #TexasSunrise #LuxuryTexas #BestOfTexasRealEstate

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Many Texas cities are incentivizing developers to build affordable housing units, but challenges remain around keeping these homes accessible long-term. What kinds of policies do you think might help ensure ongoing affordability as Texas continues to grow?

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Quote from @Pat Aboukhaled:

Hey Kent,

That's a really insightful question! Housing affordability is definitely a hot topic in Texas these days. From what I've read in the Wall Street Journal, Austin's push to increase zoning for multifamily developments seems to be making a real difference. A friend of mine, who's been investing in Austin for years, mentioned that this approach is opening up more opportunities for both developers and residents.
In my own experience here in Phoenix, flexible zoning has been a game changer. We saw neighborhoods revitalized when the city allowed for more mixed-use and multifamily projects.. It not only provided more affordable housing options but also boosted local businesses. While subsidies and other initiatives have their merits, I genuinely believe that adjusting zoning laws to encourage diverse housing options could have the biggest impact across Texas.
If you're ever interested in discussing this further or exploring investment opportunities in Austin or even Phoenix, feel free to reach out. Always happy to chat over a cup of coffee!

Take care, Pat & Jasper

Turning investment visions into REALITY in Phoenix, AZ - Ranked #1 for residential real estate growth and opportunity by PwC

I completely agree—housing affordability is such a crucial issue, and it’s fascinating to see how Austin’s zoning efforts are reshaping the landscape. Your point about Phoenix is also spot-on; it’s amazing how adjusting zoning laws can breathe new life into neighborhoods and support both housing and local business growth.

I'd be interested in hearing more about your experience with multifamily projects and any insights you might have on Austin's market compared to Phoenix. Maybe we could even swap ideas on potential investment strategies over coffee sometime! Let me know if you’re up for it.

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The beauty of Texas real estate is hard to beat! Do you have a photo of your favorite Texas home? Submit your best shot, and let’s show everyone the magic of the Lone Star State. Texas properties have a unique charm; let’s see yours!

#TexasRealEstate #TexasHomes #KingdomFirstProperties #HomeSpotlight #TexasLiving #PhotographyChallenge #RealEstateTexas #TexasViews

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Texas is exploring several public-private partnerships to tackle housing affordability, especially as demand outpaces supply. Have you come across any interesting models or success stories that could be applied more broadly across the state?

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Quote from @Jay Hinrichs:

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Texas is seeing a surge in new real estate businesses due to its booming population and investor-friendly climate. What do you think makes Texas such an attractive place for entrepreneurs in the real estate space? Is it the lack of state income tax, affordability, or something else?

That was more of a leading statement. Are you looking to convince people that Texas is great are you looking to convince yourself?

Don’t forget the exceptionally high property taxes.

I see where you’re coming from, and the property taxes are definitely something to factor in when considering Texas. It really depends on what you're prioritizing in your investments. For some, the potential growth and lack of state income tax might still outweigh the challenges, while for others, the high property taxes are a dealbreaker. What’s your main focus when you look at an investment market? Is it the overall tax structure or the growth potential?

I personlly dont care about prop tax's we flip everything within 6 to 9 months I am not a buy hold investor in that market nor am i looking to be one. I like NV.

It sounds like you’re all about keeping things short-term and maximizing returns with each flip—property taxes aren’t a concern when the hold period is brief! Nevada’s a great market, too; have you found that flipping there aligns with your strategy as well?

not in vegas flipping is too competitive.. spreads are to small. MTR is our play there.

Vegas can definitely be a tight market for flipping, with competition driving up prices and squeezing margins. MTR seem like a great alternative there, especially with so much demand for flexible stays. Have you noticed any particular areas or property types in Vegas that perform best for MTRs?

main thing about Vegas prop taxs and weather conditions.. prop tax's some of the lowest int the country.. my one prop is valued at 650k and my tax's are 2k. Also with stucco siding tile roofs No major weather issues desert landcaping etc etc.. maintenance is quite easy and very cheap compared to other areas of the country. So it more than just price at purchase its all the costs.. and MTR bring in double or more normal rent.

Absolutely! Las Vegas properties offer a uniquely advantageous investment landscape, from low property taxes to manageable maintenance costs. For example, with property taxes being some of the lowest in the country, owning a high-value property, like one valued at $650,000, might only run around $2,000 in annual property taxes—much lower than in many other states.

The region’s climate and building standards also make maintenance efficient and cost-effective. With stucco siding, tile roofs, and desert landscaping, there’s no worry about issues like heavy rain, ice, or intense wear on lawns. And, due to the arid environment, property upkeep generally remains minimal, saving on both time and costs compared to areas with high weather impact.

Moreover, the mid-term rental (MTR) market in Las Vegas presents a significant financial upside, often doubling the rental income compared to standard long-term leasing. This combination of low taxes, low maintenance, and high rental potential makes Vegas a strong contender for savvy investors seeking long-term profitability beyond just the purchase price. Would you consider looking at MTRs or potentially expanding your portfolio here?

kent that has to be AI writing your response no one is that eloquent.

Haha, you caught me! It does sound pretty eloquent, thanks to a little help from AI. I use ChatGPT to take my thoughts and arrange them in a way that sounds clear and polished since I’m not always the best with words. It’s like having an editor to make sure my ideas come across just right!

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All Forum Posts by: Kent Ford

Kent Ford has started 43 posts and replied 89 times.

Post: Creative Solutions to Texas Housing Affordability: Which Approach Works Best?

Post: How Important is Location for Success in the Texas Real Estate Market?

Post: Why Do You Think Texas is a Hotspot for New Real Estate Businesses?

Post: Texas Market Insight: Timing Your Investment

Post: Texas Homes: A Photographer’s Paradise 📸✨

Post: Incentivizing Long-Term Affordability: What’s the Key to Sustainable Housing in Texas

Post: Creative Solutions to Texas Housing Affordability: Which Approach Works Best?

Post: Captured Moments: Best of Texas Homes 🏡🌅

Post: Public-Private Partnerships: A Game Changer for Texas Housing Affordability?

Post: Why Do You Think Texas is a Hotspot for New Real Estate Businesses?