All Forum Posts by: Klejdi Banka

@Klejdi Banka College Station has a lot to offer with a solid economy backed by Texas A&M, the largest university in the US (https://en.wikipedia.org/wiki/List_of_United_States_public_u...)

But similar to @Shawn McCormick comment about Orlando, we dont see 1% deals very often. When we do you have to work for them, usually meaning value add rentals or finding off market deals. Most of my rental properties that were purchased on the MLS cashflow around year 3 or so.

I invest in College Station because the vacancy rates are very low, the population growth is strong and consistent over the last 20+ years and the economy is backed by a huge state funded school. 

If you want to know more just DM me. 

@Klejdi Banka Welcome and congrats on getting started!

I'm not sure where you are getting your information, but I can speak to Florida. In general, we no longer have 'lower prices' or the '1% rule', so those two things you should research more. Orlando and Tampa are consistantly on almost every list of best places to live and invest. Florida in general has a higher appreciation rate than many other states and a great net migration along with the other things you mentioned. So It is still a great place to be looking.

I'd be happy to dive deeper on the greater Orlando market if that is of interest. reach out anytime.

Best of luck!

@Klejdi Banka 

I am a licensed realtor in Tyler, TX. While Tyler might not be the biggest city in Texas, it has a ton to offer for investors! There are two hospitals with one of them currently building a medical school to be completed March of 2025. Population is over 100k people. Average home price in Tyler is is between 350k-390k (depending on where you get your data). Average rent in Tyler is 1,395. It is not uncommon to find single family homes in Tyler that are in good shape and rent ready for between 225k-275k. I recently showed some multifamily properties that are priced between 375k-600k. Gross rents on those ranged from 2,400-5,700. I would love to give you more information on what Tyler has to offer for investors!

Also, USA Today just released a article stating Tyler is the #1 city to live in in TEXAS!

Hi Klejdi,

Both states are relatively land-lord friendly and I see many investors in both markets. Even in one of those states, there are so many sub-markets, so I'd start with who you already have connections with. One thing to consider is that Texas is a non-disclosure states, so you will find more difficulties in finding comps in the area. Do you have an agent that can help you with this in Texas?