Although I’m not new to this fantastic platform, I have some exciting news to share.

You can usually find news articles, real estate websites, or government agencies that report annual growth.

With over 15 years in the industry, I’ve had the opportunity to work on a range of projects, from residential redevelopments to mixed-use acquisitions across Texas.Today, I noticed some news about the ongoing expansion of Tesla’s gigafactory (https://www.bizjournals.com/austin/news/2024/10/28/tesla-gig...) here in Austin—an impressive 10 million square feet!

The good news is that with the right approach, you can also achieve positive cash flow in these markets.Ultimately, success in real estate investing hinges on selecting a growing market, a desirable neighborhood, and building a strong support team.

I understand your point but but strong language like that, combined with the overexaggerate of the news and their storms of the century that actually never happened put out a little bit of a unnecessary fear out there , I get it tho , there’s some truth and practicality to it , I must admit the high insurance costs and hurricanes have caused me to rethink the investment location, but I’m not gonna tuck tail and run in fear quite yet because who really knows if this is the new normal, and even if it is people live and invest in Florida coasts  because it’s Paradise for most of the year and they love it and accept the risk . 

@Angel Peng, Good news!

Army Veteran and A&P Certified Heli/PlaneTech.Hobbies Include: Light Sport Aircraft, JDM Cars, Exotic Cars, Snow Boarding, Welding, Mountain Biking, Dirt Bikes, Jet Skis, Drag Racing, AutoX, Kayak, Loons Soccer, etc.....you get the idea.

I refinanced the $300K mortgages keeping it at $300K increasing my cash flow by more than $18K/year.The good news is 1993 was a bad year and there are pages and pages of RE auctions.

Here a bit more on that: https://www.fox10phoenix.com/news/arizonas-water-crisis-colo...

Investing in syndications is a team sport.