Is Waco becoming a good place to invest?

[Daniel Mills]

Hi Guys,

I am wondering what locals think of Waco as a place to invest. A read some posts from a few years ago which seemed to conclude that it didn’t have a lot of the fundamentals necessary for a good market. But, there have been a couple of things that have peaked my attention: 

1. The popularity of the show “Fixer Upper”

2. Tim Ferris mentioning in his BP appearance that he felt that high prices in Austin would push people to Waco.

3. The head of a major turnkey operator in Dallas/Huston I think on Kathy Fetke’s podcast saying that he thinks it’s almost the end for the markets he works in because the prices are getting too high, but Waco might be an area he moves next.

4. Just saw news that AT&T is releasing its new 5G service to Atlanta, Dallas and Waco. 

If only Elon Musk would build a hyperloop...

What do you think? Any local market specialists out there?

[Jordan Moorhead]

@Daniel Mills everything you mentioned is hear say or based on "celebrity" opinion.

Stick to fundamentals. What's the job market like, who are the major employers, is there positive job and population growth? 

Who cares what some HGTV show did. Maybe a couple hundred people move there because of that. Now if a major employer announces an expansion in the area, that could be interesting. Doesn't have to be Elon Musk.