Texas is affordable, but we are seeing supply increase and demand decrease.Sales are down 8% YOY and average time on market is up 35% YOY.Prices the past 3 months have been slashed pretty substantially.Be safe, invest smart.

Here are some areas in Texas and Florida that are currently attractive for real estate investment due to economic growth, population increase, and urban development:In Texas:Austin:Reason: It's a tech hub that continues to attract major companies like Tesla, Oracle, and Apple, driving demand for housing.Opportunities: Residential properties, multifamily units, and commercial real estate.Dallas-Fort Worth:Reason: This is one of the fastest-growing metropolitan areas in the U.S., with a diversified economy and a strong job market.Opportunities: Multifamily developments, long-term rental properties, and flipping projects.Houston:Reason: Known for its oil industry, Houston has diversified its economy into technology, healthcare, and manufacturing.Opportunities: Commercial and industrial real estate investments, as well as residential projects.San Antonio:Reason: It's experiencing continuous infrastructure growth and is more affordable compared to Austin and Dallas.Opportunities: Affordable housing and expanding development projects.In Florida:Orlando:Reason: Orlando’s tourism industry continues to drive growth, alongside its rising status as a tech and medical hub.Opportunities: Short-term rental properties, multifamily developments, and new residential construction.Tampa Bay:Reason: Tampa is experiencing a population boom and is considered one of the best places for job growth in Florida.Opportunities: Waterfront properties, new housing developments, and commercial real estate.Miami:Reason: As an international business hub, Miami is attractive to both investors and high-net-worth individuals looking for luxury real estate.Opportunities: High-end residential and commercial properties, luxury condos, and fix & flip projects.Sarasota:Reason: Known for its beaches and quality of life, Sarasota attracts retirees and families, boosting its real estate market.Opportunities: Residential developments, vacation rentals, and waterfront properties.

Stay safe out there!

If you are focused on getting multiple assets at once, consider this:1. you really don't have enough available capital to do this safely right now and you will buy cash flow properties with cap ex which you will need reserves for2. you need $15-20k in reserves for each property you buy so factor that in3. when you try to buy multiple properties to start, you end up missing the mark on your first one because you are collecting and not curating your portfolio

For a family earning slightly higher income than median wages, driving to work to the city and living about 30 mins away with reasonably good house on a > 400 SQM land parcel was possible and totally achieveable.

While no properties actually flooded, the entire area was a disaster - roads destroyed, rescues, loss of power, and loss of safe drinking water than lasted for two weeks.  

What mechanism would be driving such "cycles"? 

Be safe, know the law, stay legal.

Location is residential with a park a short drive or long walk away.

The truth is most methods work - cold call, direct mail, referral programs, driving for dollars, etc.