Investing in Lubbock Texas

[Scott White]

Good Morning all,

I am looking to start investing in Lubbock texas, any investors out there investing in Lubbock TX?  Would like to get some thoughts on the market there, especially with student housing, etc

[Jake West]

I live in Lubbock and invest here.  Lubbock is very unique in the sense that it has its own little economic bubble that shields it from outside influences. There isn't one dominate industry that causes fluctuations like most cities.  Lubbock thrives off several industries ranging from Texas Tech, the medical field, cotton, oil & gas, and a few others.  When one takes hit the rest are there to pick up the slack.  The appreciation continues and the infrastructure is expanding.  Having said all that, it is definitely a sellers market at the moment.  Prices have not inflated to much, however properties sell extremely fast lately.  I have flipped a few houses and rented a few but my strategy is evolving.  I am working on building 4 plexes in nicer areas such as the southwest side of town or perhaps in Shallowater (a smaller town just minutes northwest of Lubbock).  I am currently on the hunt for land that will fit the development and interested in perhaps finding a partner to split the land if anyone is interested.