Lubbock, TX rental opportunities

Lubbock, TX rental opportunities

Chad LundquistPro Member
Investor · Kansas City, MO · Member since 2015 · 74 posts · 27 votes

My wife and I are going to be moving to Lubbock for 3 years while our daughter is doing her residency at Texas tech and were wondering about the rental market. We own rental properties in Kansas City, MO and have been landlords for 15 years but we're curious if Lubbock is a good rental market as we are considering purchasing a place then keeping it as a rental after the 3 years. If anyone has some insight / experience I would love to hear from you. Thank you in advance.

1Reply
58 views

2 Replies

Jump to latestLatest
  • Jordan SutherlandBusiness Member
    Realtor · Lubbock, TX · Member since 2016 · 86 posts · 119 votes
    5mo

    Hey, Chad! I've been buying rentals in Lubbock since 2016 and I've lived here my whole life. It's a great market to invest in. The market has been pretty stagnant for the last few years so I feel pretty optimistic about the next few. I have a few dozen doors and they're currently 100% occupied. It's not hard to find and keep good tenants in Lubbock, as long as you have a quality property in a quality location. For SFR rentals, you probably don't want anything over $300,000. I'm happy to help you guys in your search! Feel free to reach out anytime.

  • Chad LundquistPro Member
    OP
    Investor · Kansas City, MO · Member since 2015 · 74 posts · 27 votes
    5mo

    Thanks Jordan, I really appreciate it. I would love to connect with you sometime, we plan to take a trip to Lubbock sometime this fall I believe so maybe I can reach out before we come?

    Chad

Join the conversationCreate a free account to reply, vote on answers and follow this thread.