Real Estate Investing in Texas

Real Estate Investing in Texas

The Bronx, NY · Member since 2018 · 4 posts · 1 vote

Hello! I am planning on buying a property in Texas to start my real estate journey. Are there any cities in Texas that you would recommend looking at when purchasing property? I am currently looking at DFW area.

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Multifamily Syndicator · Houston, TX · Member since 2016 · 1k+ posts · 2k+ votes
5y

H-town all the way!!!

Houston continues to be misunderstood as the oil-centric flood ridden city, but there is so much more to Houston!

Houston has the largest medical center in the world (listen, the entire world!) and we have one of the biggest ports in the entire country. Of course, I could go on and on. 

Houston's home affordability and cost of living, when compared to DFW and Austin, are still relatively low. Look into it! 

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  • Realtor · Galveston, TX · Member since 2019 · 32 posts · 14 votes
    5y

    Hi! I am a local real estate agent and invest in Galveston, TX. The market here is hot! We are currently house hacking and Airbnb our properties. Please let me know how I can help! Feel free to dm

  • Attorney · Katy, TX · Member since 2014 · 397 posts · 215 votes
    5y

    I live in Houston area and housing here seems to be doing okay (despite oil price being challenging).

  • Real Estate Broker · Dallas, TX · Member since 2016 · 248 posts · 240 votes
    5y

    As homeowners and investors, my wife and I love DFW! The DFW market has exploded over the last 5-7 years. There are always opportunities for those who recognize them quickly and have realistic expectations. 

    The DFW and Dallas Love Field airports make it easy to get just about anywhere. The overall economy is strong with great industry diversity. Our high property taxes pay for excellent public schools in the suburbs. Also, there's no shortage of restaurants and shopping. I share this because renters and buyers often have similar criteria. Hope this helps.

    Rob

  • Holly BrownBusiness Member
    Real Estate Agent · Houston TX and Salt Lake City, UT · Member since 2019 · 190 posts · 137 votes
    5y

    Hi Cassandra,

    I would highly suggest you speak to @Andrew Roth about the Texas markets. He recently visited each one to educate himself on the different areas and is now a wealth of knowledge.

    If you find yourself in Houston or Galveston, I am happy to help in any way I can. 

    @Timothy Church is also in Galveston and knows the island VERY well. 

    Invest In Houston Real Estate Team
  • Rental Property Investor · Houston, TX · Member since 2021 · 7 posts · 3 votes
    5y

    @Cassandra Henry I live in Houston, and the market over here is on fire. A lot of bidding wars going on.

    Austin is growing pretty fast too. A lot of HQ for big companies are going there.

  • New to Real Estate · Houston · Member since 2018 · 20 posts · 5 votes
    5y

    @Cassandra Henry

    Picked up a few houses in Houston in last 6 months- market is hot but there are still good deals around.

  • Multifamily Syndicator · Houston, TX · Member since 2016 · 1k+ posts · 2k+ votes
    5y

    H-town all the way!!!

    Houston continues to be misunderstood as the oil-centric flood ridden city, but there is so much more to Houston!

    Houston has the largest medical center in the world (listen, the entire world!) and we have one of the biggest ports in the entire country. Of course, I could go on and on. 

    Houston's home affordability and cost of living, when compared to DFW and Austin, are still relatively low. Look into it! 

  • Realtor · Austin, TX · Member since 2018 · 154 posts · 82 votes
    5y

    I'm personally a fan of Austin, but everybody here has great points for all the other cities too! Let me know if you want to chat more about Austin

  • The Bronx, NY · Member since 2018 · 4 posts · 1 vote
    5y

    Thank you all!! I appreciate all of the suggestions and will be in contact when I head over there to visit! Thank you!

  • Real Estate Investor · Dallas, TX · Member since 2016 · 38 posts · 17 votes
    5y
    Originally posted by @Ola Dantis:

    H-town all the way!!!

    Houston continues to be misunderstood as the oil-centric flood ridden city, but there is so much more to Houston!

    Houston has the largest medical center in the world (listen, the entire world!) and we have one of the biggest ports in the entire country. Of course, I could go on and on. 

    Houston's home affordability and cost of living, when compared to DFW and Austin, are still relatively low. Look into it! 

    As a fellow son of H-Town, I love this gentleman's enthusiasm for the (lest anyone forget) 4th largest city in the United States. Everything he says is true, its a fabulous and generally vastly underrated city. J. 

  • Houston, TX · Member since 2019 · 18 posts · 7 votes
    5y

    Hi Cassandra!

    As @Holly Kaufman mentioned, I recently took a roadtrip to various cities in Texas  Met some amazing agents and investors who showed me around and taught me about various markets  Give me a shout if you'd like!  I'd be happy to share what I've learned

    Cheers

  • Member since 2021 · 25 posts · 19 votes
    5y
    I don't think the issue is so much about a city as it is about a particular neighborhood or area. In any city you might find good areas and bad areas to invest in. And even then, it's about the particular property. I prefer to invest in neighborhoods that I know well and that are close to me. I have 6 properties that are within 10 minutes of one another. It makes it easy to keep an eye on them.
  • Real Estate Investor · Longview, TX · Member since 2009 · 111 posts · 28 votes
    5y

    How are you guys finding deals in these hot markets? Or are you paying close to retail? Newbie question

  • Joe S.Pro Member
    Investor · San Antonio · Member since 2020 · 3k+ posts · 3k+ votes
    5y
    Originally posted by @Andrew Roth:

    Hi Cassandra!

    As @Holly Kaufman mentioned, I recently took a roadtrip to various cities in Texas  Met some amazing agents and investors who showed me around and taught me about various markets  Give me a shout if you'd like!  I'd be happy to share what I've learned

    Cheers

    Feel free to post it here:)

  • Investor · Southeast, MI · Member since 2016 · 425 posts · 184 votes
    5y
    Originally posted by @Nick Dunin:

    How are you guys finding deals in these hot markets? Or are you paying close to retail? Newbie question

     I was going to ask similar, what is considered a deal in DFW, Houston, and Austin?  I'm open to expanding our business beyond the midwest, but the numbers have to make sense.  I know the appreciation is probably there, but wondering about cash flow at a high cost of entry also.  

  • Member since 2021 · 5 posts · 1 vote
    5y

    @Natasha Norregaard hey I would like some help! And some pointers I am willing to help in anyway I can.

  • Realtor · Galveston, TX · Member since 2019 · 32 posts · 14 votes
    5y

    @Jose Serrano sure! Dm me :)

  • Wale LawalBusiness Member
    Real Estate Broker · Houston | Dallas | Austin, TX · Member since 2018 · 5k+ posts · 2k+ votes
    5y

    @Cassandra Henry I will suggest you take a deeper look into Houston and San Antonio. 

    You have already received great reasons why you should consider it as stated by @Ola Dantis Just be ready to move quickly as the market is super hot right now. 

    I can chat with you if you have specific questions.

    Goodluck

  • Member since 2018 · 6 posts · 3 votes
    5y

    Definitely look into Houston. I live here and just invested in my first rental with little to no issues.  There are PLENTY of neighborhoods that are steadily being converted to well managed and investor driven communities. The question for the last year here in Houston has not been, where can I find a deal. It's truly, how much money do you have to invest? It's amazing here. Moving to the ATL in August (getting married) and I am scrambling to invest in as many Houston properties as I can before I move. Wonderful opportunities.

  • Wale LawalBusiness Member
    Real Estate Broker · Houston | Dallas | Austin, TX · Member since 2018 · 5k+ posts · 2k+ votes
    5y

    @Erica Cauley Goodluck with everything. 

    You only need 20% down-payment if you are using a conventional financing. 

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