So far, most of the buzz in Texas has been centralized to Austin and Dallas. However, Houston is experiencing some real estate and economic buzz that is worth mentioning. As we head for the middle of 2019’s third quarter, it’s valuable for investors to step back and evaluate both the markets they’re involved in as well as those that show promise and opportunities for the future.
There’s no shortage of hype in the real estate investing world. We know that just by looking at headlines! Everyone is always searching for the next big market, the hot new trend, and the strategy that will make money fast.
Topics: real estate market
There are many ways to invest in real estate. As an investor, you can take any number of paths and adopt varied strategies that suit your goals and your personality. However, there’s one variety of investing in real estate that always offers an advantage: self-directed real estate investment.
When we talk about building wealth, there is usually the notion or expectation that it will cost us something to do so. We will either have to make sacrifices to build wealth, spend money to build wealth, or somehow do something we are uncomfortable with in order to make long-term gains in the future.
In real estate investment, the options are unlimited. Your investing method could be totally different from the next guy’s and you would still be generating passive income. That said, the way in which you invest is paramount to your success in the long-term. Strategy matters.
If you thought the investment party was over in Dallas, you’d be mistaken. A report from Dallas News proclaims that investors are buying up properties faster than ever in the Dallas market. Investor purchases made up some 8 percent of properties at all price points and 14 percent at lower price points in 2018.
One of the most compelling reasons to choose to invest in real estate over other investments is the vast tax benefits. In fact, it’s one of the main points of discussion each time we talk about why to invest in real estate. However, navigating the tax code and legal nuance can be a mystifying exercise in frustration.