New investor looking to invest in Texas

Denton, Texas
Buying & Selling Real Estate
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New investor looking to invest in Texas

Rahul P.
Investor · sacramento · Member since 2024 · 10 posts · 31 votes

Hello everyone, i am based in california bay area. recently bought a house in  Sacramento CA. I am thinking to buy rental property in  Texas denton, Kyle, Buda. 

Need some help to understand YOY home value growth in those areas or any suggestion? where to buy rental property's in Texas.

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Jason WrayPro Member
Banker · Nationwide · Member since 2020 · 2k+ posts · 1k+ votes
2y

I would also consider Indiana, Ohio, Florida, Tennessee, Georgia, Alabama as some other states.  Texas is great but the homes prices are on the higher end and its getting tougher to cash flow due to home prices and taxes.

[email protected]727-637-4289
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  • Jason WrayPro Member
    Banker · Nationwide · Member since 2020 · 2k+ posts · 1k+ votes
    2y

    I would also consider Indiana, Ohio, Florida, Tennessee, Georgia, Alabama as some other states.  Texas is great but the homes prices are on the higher end and its getting tougher to cash flow due to home prices and taxes.

    [email protected]727-637-4289
    4Reply
  • Rahul P.
    OP
    Investor · sacramento · Member since 2024 · 10 posts · 31 votes
    2y

    @Jason Wray Thank you so much!

    0Reply
  • Alfath AhmedBusiness Member
    Real Estate Agent · Columbus, OH · Member since 2022 · 1k+ posts · 1k+ votes
    2y
    Quote from @Rahul P.:

    Hello everyone, i am based in california bay area. recently bought a house in  Sacramento CA. I am thinking to buy rental property in  Texas denton, Kyle, Buda. 

    Need some help to understand YOY home value growth in those areas or any suggestion? where to buy rental property's in Texas.


     Texas is great but has become tough over the past couple of years due to market saturation. Still a great market if you can find the right pockets. I have family in both Dallas and Austin that are still buying homes. 

    I know a lot of investors from the west coast in California and Seattle, WA are investing in the midwest due to the strong cashflow and appreciation. 

    [email protected]614-802-5698
    ReafCo | Ahmed Group 534 Reviews
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    3Reply
  • Rahul P.
    OP
    Investor · sacramento · Member since 2024 · 10 posts · 31 votes
    2y
    Quote from @Alfath Ahmed:
    Quote from @Rahul P.:

    Hello everyone, i am based in california bay area. recently bought a house in  Sacramento CA. I am thinking to buy rental property in  Texas denton, Kyle, Buda. 

    Need some help to understand YOY home value growth in those areas or any suggestion? where to buy rental property's in Texas.


     Texas is great but has become tough over the past couple of years due to market saturation. Still a great market if you can find the right pockets. I have family in both Dallas and Austin that are still buying homes. 

    I know a lot of investors from the west coast in California and Seattle, WA are investing in the midwest due to the strong cashflow and appreciation. 

    Hello @Alfath Ahmed, What’s the market in Columbus Oh? 

    1Reply
  • Jordan MoorheadBusiness Member
    Real Estate Agent · Austin, TX · Member since 2015 · 5k+ posts · 3k+ votes
    2y
    Quote from @Alfath Ahmed:
    Quote from @Rahul P.:

    Hello everyone, i am based in california bay area. recently bought a house in  Sacramento CA. I am thinking to buy rental property in  Texas denton, Kyle, Buda. 

    Need some help to understand YOY home value growth in those areas or any suggestion? where to buy rental property's in Texas.


     Texas is great but has become tough over the past couple of years due to market saturation. Still a great market if you can find the right pockets. I have family in both Dallas and Austin that are still buying homes. 

    I know a lot of investors from the west coast in California and Seattle, WA are investing in the midwest due to the strong cashflow and appreciation. 


    Do you know what your family in Austin is buying? What I've seen work best is commercial, STR, MTR and co-living. Development and flips work too but I look at that as more of a business.

    [email protected]512-888-9122
    The Moorhead Team5142 Reviews
    WebsiteView Page
    1Reply
  • Erika Aguirre
    Member since 2024 · 22 posts · 2 votes
    2y

    Hey Rahul, let's connect. I have Investment properties in all Texas. We work with all types of Investors, nationwide. 

    2Reply
  • Mike PaolucciBusiness Member
    Realtor · Columbus Cleveland Dayton, OH · Member since 2022 · 505 posts · 556 votes
    2y
    Quote from @Rahul P.:

    Hello everyone, i am based in california bay area. recently bought a house in  Sacramento CA. I am thinking to buy rental property in  Texas denton, Kyle, Buda. 


     Glad to see other investors from CA looking out of state. I'm originally from San Francisco and started off in 2021 doing the same thing but in Ohio. 

    Let me know if you have any questions about being an OOS investor. Happy to help out. 

    [email protected]614-892-9184
    Reafco - Mike Paolucci 513 Reviews
    WebsiteView Page
    4Reply
  • Rahul P.
    OP
    Investor · sacramento · Member since 2024 · 10 posts · 31 votes
    2y
    Quote from @Mike Paolucci:
    Quote from @Rahul P.:

    Hello everyone, i am based in california bay area. recently bought a house in  Sacramento CA. I am thinking to buy rental property in  Texas denton, Kyle, Buda. 


     Glad to see other investors from CA looking out of state. I'm originally from San Francisco and started off in 2021 doing the same thing but in Ohio. 

    Let me know if you have any questions about being an OOS investor. Happy to help out. 

    I have sent you PM 
    0Reply
  • Bradley BuxtonBusiness Member
    Real Estate Agent · NV · Member since 2023 · 1k+ posts · 720 votes
    2y

    @Rahul P.

    A market closer to the Bay area is Reno, NV. Low property taxes, landlord friendly and with tech and manufacturing jobs moving from the Bay Area there is strong job growth. It's a market still overlooked by many investors. All that combined with limited building and no state income tax there is positive rent and appreciation. Happy to share data and insights in the area. 

    3Reply
  • Rahul P.
    OP
    Investor · sacramento · Member since 2024 · 10 posts · 31 votes
    2y
    Quote from @Bradley Buxton:

    @Rahul P.

    A market closer to the Bay area is Reno, NV. Low property taxes, landlord friendly and with tech and manufacturing jobs moving from the Bay Area there is strong job growth. It's a market still overlooked by many investors. All that combined with limited building and no state income tax there is positive rent and appreciation. Happy to share data and insights in the area. 


     Sure, we can chat. I have sent you PM 

    Thanks for the reply!

    0Reply
  • Jimmy LieuBusiness Member
    Real Estate Agent · Columbus, OH · Member since 2019 · 3k+ posts · 2k+ votes
    2y
    Quote from @Rahul P.:

    Hello everyone, i am based in california bay area. recently bought a house in  Sacramento CA. I am thinking to buy rental property in  Texas denton, Kyle, Buda. 

    Need some help to understand YOY home value growth in those areas or any suggestion? where to buy rental property's in Texas.


    Hi Rahul, you might want to look into the Columbus OH market. The market is on fire because of great macroeconomics - population growth, job growth, and companies moving and developing here like Intel, Google, Facebook, Amazon, Honda, etc. I have clients from California who are successfully purchasing flips and BRRRRs here at a very cheap price point at $120k-$180k - positive cashflow and tons of appreciation. Happy to connect and answer any questions you may have!

    [email protected]614-300-7535
    Jimmy Lieu, Red 1 Realty4.9124 Reviews
    WebsiteView Page
    0Reply
  • Alecia LovelessPro Member
    Member since 2019 · 3k+ posts · 2k+ votes
    2y

    @Rahul Prabhakar Taxes in Texas are out of control. My sister has a decent portfolio in Denton, TX and over the past 3 years her taxes have gone up 100%+ across her entire portfolio.

    I recommend looking elsewhere as you won’t cash flow.

    1Reply
  • Saurabh Mithal
    Member since 2024 · 3 posts · 1 vote
    2y

    @Rahul P., thank you for starting this thread. I am learning a lot through the discussion on this thread. 

    I used Perplexity Pro to figure out some information for you. 

    https://www.perplexity.ai/page/texas-denton-kyle-buda-eMQX8f...

    I am not sure if this is helpful, but thought I'd share. 

    1Reply
  • Rahul P.
    OP
    Investor · sacramento · Member since 2024 · 10 posts · 31 votes
    2y
    Quote from @Alecia Loveless:

    @Rahul Prabhakar Taxes in Texas are out of control. My sister has a decent portfolio in Denton, TX and over the past 3 years her taxes have gone up 100%+ across her entire portfolio.

    I recommend looking elsewhere as you won’t cash flow.

    @Alecia Loveless thank you so much for knowledgeable reply, thats what i been hearing so far through lot of members here in BP. I am also exploring Ohio Columbus and other city's in the midwest  

    1Reply
  • Rahul P.
    OP
    Investor · sacramento · Member since 2024 · 10 posts · 31 votes
    2y
    Quote from @Saurabh Mithal:

    @Rahul P., thank you for starting this thread. I am learning a lot through the discussion on this thread. 

    I used Perplexity Pro to figure out some information for you. 

    https://www.perplexity.ai/page/texas-denton-kyle-buda-eMQX8f...

    I am not sure if this is helpful, but thought I'd share. 


     Thank you Saurabh! 

    I have learn a lot in the short period of time, Joining BP is one of the smart decision so far, I hope you are accumulating good amount of Knowledge   

    2Reply
  • Kristin Solbach
    Member since 2024 · 20 posts · 12 votes
    2y
    Quote from @Bradley Buxton:

    @Rahul P.

    A market closer to the Bay area is Reno, NV. Low property taxes, landlord friendly and with tech and manufacturing jobs moving from the Bay Area there is strong job growth. It's a market still overlooked by many investors. All that combined with limited building and no state income tax there is positive rent and appreciation. Happy to share data and insights in the area. 


     I would be interested to learn more about Reno if you dont mind sharing. Thanks a lot in advance, Kristin

    0Reply
  • Jacob James
    New to Real Estate · San Antonio, TX · Member since 2018 · 28 posts · 7 votes
    2y
    Quote from @Rahul P.:

    Hello everyone, i am based in california bay area. recently bought a house in  Sacramento CA. I am thinking to buy rental property in  Texas denton, Kyle, Buda. 

    Need some help to understand YOY home value growth in those areas or any suggestion? where to buy rental property's in Texas.

    Hey Rahul!

    I am also looking to invest in a property in Texas, specifically San Antonio. I currently reside here and have been interested in structuring a partnership in order to structure my first deal, if interested, feel free to reach out. Hope to hear from you!
    2Reply
  • Samuel DioufBusiness Member
    Real Estate Agent · Columbus & Cleveland, OH · Member since 2023 · 1k+ posts · 1k+ votes
    2y
    Quote from @Rahul P.:
    Quote from @Alfath Ahmed:
    Quote from @Rahul P.:

    Hello everyone, i am based in california bay area. recently bought a house in  Sacramento CA. I am thinking to buy rental property in  Texas denton, Kyle, Buda. 

    Need some help to understand YOY home value growth in those areas or any suggestion? where to buy rental property's in Texas.


     Texas is great but has become tough over the past couple of years due to market saturation. Still a great market if you can find the right pockets. I have family in both Dallas and Austin that are still buying homes. 

    I know a lot of investors from the west coast in California and Seattle, WA are investing in the midwest due to the strong cashflow and appreciation. 

    Hello @Alfath Ahmed, What’s the market in Columbus Oh? 


     Columbus, Ohio is a great market to consider if you're leaning towards appreciation. I moved here from Florida after seeing the projected growth. Multiple, billion dollar companies are investing heavy in our area, such as Intel, Google, and Amazon. Which will bring plenty of other investors and general business to the area.

    [email protected]614-662-1652
    Reafco - Samuel Diouf529 Reviews
    WebsiteView Page
    0Reply
  • Bradley BuxtonBusiness Member
    Real Estate Agent · NV · Member since 2023 · 1k+ posts · 720 votes
    2y
    Quote from @Kristin Solbach:
    Quote from @Bradley Buxton:

    @Rahul P.

    A market closer to the Bay area is Reno, NV. Low property taxes, landlord friendly and with tech and manufacturing jobs moving from the Bay Area there is strong job growth. It's a market still overlooked by many investors. All that combined with limited building and no state income tax there is positive rent and appreciation. Happy to share data and insights in the area. 


     I would be interested to learn more about Reno if you dont mind sharing. Thanks a lot in advance, Kristin


     Happy to share data and analytics for the Reno area.  Sent you a PM

    0Reply
  • Patrick Bussler
    Member since 2019 · 5 posts · 1 vote
    2y
    Quote from @Rahul P.:

    Hello everyone, i am based in california bay area. recently bought a house in  Sacramento CA. I am thinking to buy rental property in  Texas denton, Kyle, Buda. 

    Need some help to understand YOY home value growth in those areas or any suggestion? where to buy rental property's in Texas.


    Denton's seen 5.2% growth, Kyle's a bit slower, and Buda's part of the growing Austin-Round Rock area. You might also want to check out Austin, San Antonio, and Fort Worth - all have their own strengths. Just remember to consider the local job market, population growth, and rental demand when making your decision.
    0Reply
  • Justin BrickmanBusiness Member
    Realtor · San Antonio, TX · Member since 2021 · 503 posts · 274 votes
    2y

    San Antonio for midterm and short term rentals. Unbeatable cash flow and appreciation potential

    [email protected]210-827-6020
    Justin Brickman Realty4.9140 Reviews
    WebsiteView Page
    0Reply
  • Bruce Lynn
    Real Estate Broker · Coppell, TX · Member since 2011 · 5k+ posts · 4k+ votes
    2y
    Quote from @Rahul P.:
    Denton is good, but I would suggest Sherman/Denison.  Denton is just tough to find the right ROI/Rent/Price ratio.  I'm looking every day there.  Sherman has awesome growth prospects and some people commute to Dallas.
    0Reply
  • Raju Penmatcha
    Rental Property Investor · Member since 2021 · 19 posts · 9 votes
    1y
    Quote from @Jimmy Lieu:
    Quote from @Rahul P.:

    Hello everyone, i am based in california bay area. recently bought a house in  Sacramento CA. I am thinking to buy rental property in  Texas denton, Kyle, Buda. 

    Need some help to understand YOY home value growth in those areas or any suggestion? where to buy rental property's in Texas.


    Hi Rahul, you might want to look into the Columbus OH market. The market is on fire because of great macroeconomics - population growth, job growth, and companies moving and developing here like Intel, Google, Facebook, Amazon, Honda, etc. I have clients from California who are successfully purchasing flips and BRRRRs here at a very cheap price point at $120k-$180k - positive cashflow and tons of appreciation. Happy to connect and answer any questions you may have!

     Hi @Jimmy Lieu, how is the Columbus, OH market now in terms of appreciation and positive cash flow?

    1Reply
  • Raju Penmatcha
    Rental Property Investor · Member since 2021 · 19 posts · 9 votes
    1y
    Quote from @Justin Brickman:

    San Antonio for midterm and short term rentals. Unbeatable cash flow and appreciation potential


     Justin, please share some details if San Antonio is still looking good in terms of appreciation and cash flow. Thanks

    0Reply
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