The video below uses hard data from the US Census and Zillow to analyze Texas' big four real estate markets: Austin, Dallas, Houston, and San Antonio. The central question being: what is the best one for investment in 2021?
Austin has the most growth. But it also has the most permitting and lowest yields. Houston has the lowest growth, but offers the most value. Dallas and San Antonio are somewhere in between. Which one comes on top?
Take a look at the video below and let me know your thoughts. The results aren't what you would expect!
Hey @Nick Gerli I'm not seeing the video link. Would you comment it? sounds interesting
@Nick Gerli . Houston being a better value, I wonder if that will be one of the next markets to explode at some point in the future
I've lived in Houston for 30 years and manage over 425 doors for myself and other owners. Houston is a great rental market due to affordability. There are many neighborhoods within 10-15 minutes from downtown where you can buy an affordable property that cash flows. I started out investing in small multifamily and now do larger deals. I wouldn't trade my market for anywhere.
Dallas has been exploding, personally for appreciation i'd rank them Austin, Dallas, Houston, SA. All great long term cities though.
Dallas is undergoing a ton of gentrification throughout the city. Corporate companies from California are bringing their headquarters here meaning more housing is needed for their employees. I’ve never seen so many apartment complexes, and new housing developments built so quickly. Definitely a hot market!
I believe this is the video he was talking about you tube.com/watch?v=USnc7ViERVc&t=703s