Today we’re talking about the best state to invest in real estate. This state is the most landlord friendly state in the country for a variety of reasons, but consistent cash flow and tremendous job growth are top of the list.
On today’s show, you’re going to learn all about my favorite state for investing. If you’re looking for the best market for real estate investing, this episode of Investing in Real Estate is for you!
On this episode you’ll learn:
- The data you should consider before investing in a market.
- What makes Lubbock, Texas recession resistant.
- And much more!
The Data You Should Consider Before Investing in a Market
At the core of your investing criteria, you should always consider cash flow potential. After all, you’re investing for cash flow, so take a look at vacancies. Vacancies are your highest expense as a landlord. Be sure to consider how vacancies and tenant turnover will impact your ROI. Another key metric to consider is employment. Look for job growth and job diversity. A few other metrics to consider are crime rates and school districts.
What Makes Lubbock, Texas Recession Resistant
Lubbock has steady job growth, a booming population, and an increased demand for affordable housing. Because of Texas Tech University, there is a varied population and job diversity. Texas is a landlord friendly state with affordable housing prices, making it a great place for investors to put down roots.
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DISCLAIMER: I am not a financial adviser. I only express my opinion based on my experience. Your experience may be different. These videos are for educational and inspirational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. There is no guarantee of gains or losses on investments.
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