Being born here and seeing the market grow the way it has over the past decade plus, I think B/CS will be a great investment for a good while. There is a lot of competition as far as investors/flippers for those coveted off-market properties, but the deals are there... I closed on a College Station fixer-upper duplex in January for $51K, sold it to an investor a week later at $105K. He was happy, I was happy, and I moved on to the next deal.
I think having my RE license gives me a bit of an advantage in that it adds to credibility and if the seller wants too close to retail for the house, I offer to list it for them.
Being born here and seeing the market grow the way it has over the past decade plus, I think B/CS will be a great investment for a good while. There is a lot of competition as far as investors/flippers for those coveted off-market properties, but the deals are there... I closed on a College Station fixer-upper duplex in January for $51K, sold it to an investor a week later at $105K. He was happy, I was happy, and I moved on to the next deal.
I think having my RE license gives me a bit of an advantage in that it adds to credibility and if the seller wants too close to retail for the house, I offer to list it for them.
@Jared Bard welcome to BP. If you are looking to connect with other investors in BCS be sure to come to the BRIC meetings for local real estate investors. We have a monthly meeting with speakers and a monthly happy hour. You can look it up on Facebook. See you there.