Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Texas Real Estate Q&A Discussion Forum
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago on . Most recent reply

User Stats

3
Posts
0
Votes
Dharshana Ratnayake
  • Los Angeles
0
Votes |
3
Posts

Investing on rental properties in Midland/Odessa TX

Dharshana Ratnayake
  • Los Angeles
Posted

I am looking to invest in rental properties in Midland /Odessa area. Cash flow is pretty good at least on paper. 1% rule can be met in Midland area compared to DFW area where the market is extremely hot. Does anyone in the community have experience in investing in rental in Midland area? Any advice for new investor trying to make a start in the area.

Anything will be helpful. Thank you.

Most Popular Reply

User Stats

654
Posts
501
Votes
Neil Narayan
  • Real Estate Broker
  • Austin, TX
501
Votes |
654
Posts
Neil Narayan
  • Real Estate Broker
  • Austin, TX
Replied

Just FYI, Midland/Odessa is an oil town so it will follow the boom and bust of oil prices. I would factor that in if I were planning a long term buy and hold.

Loading replies...