Texas Real Estate Q&A Discussion Forum
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 5 years ago on . Most recent reply

Investing on rental properties in Midland/Odessa TX
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

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.