All Forum Posts by: Shital Thakkar

@Giridhara Gowdra chandranna, excellent question.

@Cody L.

@Cody L. Looks like you are doing great investing in Houston market managing remotely. are you investing in another metros or just Houston?

$40K/door are SF/MF...?

@Danny Webber

@Danny Webber, What are good area to invest in East and West side of Austin? (Pfflugerville, Leander, Cedar park, Hutto, Manor etc..?)

@Nathan Greeney

Phonex is goo market to invest and having family there can be very helpful.

Dallas is hot market and now a days it is hard to make good positive cash flow in Dallas market.

As @Jaysen Medhurst suggest, you can try tertiary market like Waco, Tyler etc...

@Yitz Frankforter, Great question... I am looking for some experienced co-working designer for Texas region.

@Yonah Weiss, let me know person's contact information, Thank you very much..

@Sanjoy V.

IRR Looks good, How much is CoC?

Pros of Investing now

• Dallas is very strong market
• If number makes sense, you can not go wrong in DFW market.
• As investment is value add, there is opportunity of changing your investment to 7-8 Cap
• You have backup plan of holding for long time in case of market go south.
• If you are lucky... Amazon HQ2 select Dallas as their choice :)

Cons of Investing Now

• Market is very expensive
• Historically 6 cap rate is very low in Dallas

• Provide Reference
• Have a multiple active listings
• Awards (Top Broker etc..)
• Clear communication
• Quick in responding
  
• Knowledge of area, Different area within cities has different expert agents...
• Knowledge of local and global economy

@Kokou F. you are sitting on gold mine...

San Antonio - San Marcos - Austin is one of the fastest growing area in US... you don't need to look outside.

• Top cities for real estate in 2019.... Dallas, Austin and San Antonio are in top 20...
  
  •  https://ulidigitalmarketing.blob.core.windows.net/marketingfliers/Emerging_Trends_in_Real_Estate_2019.pdf
• Fastest growing county
  

  • http://digital.olivesoftware.com/Olive/ODN/SanAnto...

@Edward Beck, How is market in El Paso..? is that market get affected by Oil boom/burst.. ?

@Chris Roche, Yes... that must may be the reason. These are general numbers, not just investment properties.

@Scott Morongell, NC is booming just like Texas... Great market to invest in MF.

Do you invest in SC market too? I see lot of good MF for sale in SC.

@Brian Ploszay, Yes... Texas is very business friendly state and now diversified with so many industries... even oil crash did not impact in last few years.

I am surprised to see Brooklyn and Boston in this list... People who invest in these area... please provide some insight... How numbers works in this area... must be flip deal... as buy and hold is very hard in those two area...

PricewaterhouseCoopers and the Urban Land Institute ranked 78 US Real Estate markets for overall prospects in 2019.

Dallas-Fort Worth has been named the top real estate market to watch in 2019

Why Dallas…

• Low cost of living
• Low cost of doing business
• Tax efficiency
• Population growth rate is projected to be more than two times the national average in 2019.

Top 10

• Dallas/Fort Worth, TX
• Brooklyn, NY
• Raleigh-Durham, NC
• Orlando, FL
• Nashville, TN
• Austin, TX
• Boston, MA
• Denver, CO
• Charlotte, NC
• Tampa, FL

Detail Report

• https://ulidigitalmarketing.blob.core.windows.net/...

(Overall Prospect - page 37)

Hi @Chingju Hu,

I have properties in both McKinney and Fort Worth.

• McKinney is excellent market but price went up very high in last 3 years. Rental numbers will not make sense.
• Fort Worth is going through excellent growth.

As @Paul Ewing said there are different areas in FW. You can focus on Crowley, Burleson, Saginaw, Haslet area for investment.

As @Ronald Rohde suggested FW make better sense from numbers now.

@Kyle Mccaw

@Kyle Mccaw, I heard a lot about growth around Alliance area.. I need to drive by one time.. properties are very expensive in that area or still make sense for good investment?