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Morris Invest’s Real Estate Wisdom: A Blog for Savvy Investors

What Makes Rental Real Estate in Texas Profitable?

What Makes Rental Real Estate in Texas Profitable?

As mortgage rates continue to drop and housing prices quickly climb, investors strategically seek out markets that make financial sense, focusing on locations that can reel in a high return on their investment. In their search, they find themselves funneled into the state of Texas, and this brings us to the question at hand: What makes rental real estate in Texas profitable? Investors generate high profits in Texas due to its robust economy that's marked by a prosperous job market. Also, the Lone Star State has a skyrocketing population which creates a high demand for rental properties and increased rents. Profits are also elevated because there's no income tax, it's a landlord-friendly state, and the low cost of living results in affordable housing prices, which substantially increases ROI....

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