The city has attracted substantial investments from companies like Intel, Google, Honda and more driving job growth, increasing housing demand and boosting property values.

Unfortunately, many regulations, such as design standards, go far beyond important safety concerns, and impose costly mandates on developers that drive housing costs higher.

For those who don't know the market its not a place you want to drive through at night. 

It's located 9.5 hours of a rough mountain drive so work would be difficult until spring.  

And the pace of homes being built is too far below what we need to keep pace let alone catch up to where its only going to get worse.And that is going to drive up inflation big time.

@Michelle Berge @Brenda YeoTry this web link:https://www.reebrokerservices....I have no affiliation with this company.

I have a buddy that's very successful in D Class areas.He drives around all day putting out fires, getting in literal fist fights from time to time, throwing people out of their apartments or changing locks when they leave, constantly breaking the law because they are "civil matters" and he knows the tenants won't come after him, and shaking folks down for late rent.I'm sure folks in A Class areas are doing the same, right?

Only nearby city that rivals it is Amarillo (2.5hr drive north) and it does not have anywhere near the education infrastructure or $$$ inflow Lubbock has (at least not yet) with Texas Tech and associated schools, SPCC, LCU.

Consequently, we do our best to bring in organic leads through our web and social media efforts. 

Quote from @Paul Azad: WOW, they had to spend 18.6 million for 12 months of Rate Cap insurance up from 513K they spent for same insurance they got 2 years earlier, These syndicators took huge risks in acquiring these MF properties with the variable bridge loans with rate cap insurance in order to buy at lower cap rates than any reasonable investor with fixed agency debt could afford and apparently at LTVs approaching 80% too, in order to drive higher IRR 'projected returns" for LP investors.Bridge loans are a disaster when the markets shift.