![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2969712/small_1710111269-avatar-yushengji.jpg?twic=v1/output=image&v=2)
16 April 2024 | 11 replies
., as the average effective property tax rate in the Lone Star State is 1.60%.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2987921/small_1712183295-avatar-aakshay.jpg?twic=v1/output=image&v=2)
15 April 2024 | 27 replies
I'd try to steer you toward secondary markets in Texas (think Belton/Temple, Waco, Bryan/College Station, San Marcos, New Braunfels, etc.) over going to cheap markets in the Midwest.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2984065/small_1713240967-avatar-daniela817.jpg?twic=v1/output=image&v=2)
15 April 2024 | 1 reply
I’m not just being cheap, lol.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2917982/small_1705160324-avatar-abhishekj15.jpg?twic=v1/output=image&v=2)
15 April 2024 | 12 replies
Having said that, with high rates and the macro economy in a state of flux, wanted some guidance.2.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1332634/small_1621511399-avatar-ericg246.jpg?twic=v1/output=image&v=2)
16 April 2024 | 3 replies
Now worth $650,000Step 5: Brought the four family rents up to market rate which is $5200 per month.Time to complete: 10 years.Cash flow went from $350 per month to $2,000 per month.Properties are now worth around $1,000,000.Success story BStep 1: Bought a condo in 2014 in a HCOL city for $200,000 and rented it to a roommate (house hacking).
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2397378/small_1646868544-avatar-ajw35.jpg?twic=v1/output=image&v=2)
17 April 2024 | 5 replies
Does anyone actually believe the reported inflation rate or that US denominated debts (worldwide) will ever be repaid?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1494174/small_1677861228-avatar-miltonrealtor1.jpg?twic=v1/output=image&v=2)
16 April 2024 | 0 replies
Directly North is still A market-Shawnee)It looks good with straight investor metrics using Fannie Mae conforming loans (25% down, 7.1% rate with a few points) and easy ARV monthly rent of $1700/unit ( I get this number based on the exact same floor plan in Raytown with complete rehab placing a tenant at $1500, and Raytown gets lower rents than Roeland Park KS.)
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1573904/small_1621513807-avatar-carlosp130.jpg?twic=v1/output=image&v=2)
16 April 2024 | 2 replies
The rate is about 5.25% or similar for 5 years.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2787565/small_1694594291-avatar-jonathans945.jpg?twic=v1/output=image&v=2)
15 April 2024 | 4 replies
He's able to charge a good bit of money per unit since it's a unique experience, and they should be relatively cheap to build once you have the land.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/632589/small_1689953711-avatar-1cleverinvestor.jpg?twic=v1/output=image&v=2)
16 April 2024 | 6 replies
Parks get shuttered and sold for new development when park owners fail to keep rents ahead of inflation and competing CAP rates and other uses become more lucrative.