So why Texas?
A country that is LANDLORD FRIENDLY
What it means? Texas is one of the few states where the laws in the state tend to favor the landlord more than the tenants!
What does this mean? A few examples:
Quick eviction of non-paying tenants, fewer factors that would limit us from raising the rent price and more...
Silicon Valley is moving to Texas!
Companies from all over the USA are moving their headquarters to Texas! Among them are many companies from Silicon Valley such as: TESLA, AMAZON, APPLE, GOOGLE and more!
The transition of the companies creates new job opportunities in the area and the relocation of some of the existing company employees and of course strengthens the Texas economy!
Oil industry
Texas is number one in the US oil industry!
In 2023 Texas produced 5.6 million barrels of oil per day!
The increase in real estate value
In the last 10 years the value increases recorded in Texas:
87% increase in value for properties in Houston
121% increase in property value in Dallas
123% increase in value for properties in Austin
The population growth rate
The population growth rate of Texas is the highest in the USA! In addition, Texas is the 2nd state with the highest amount of internal American immigration! (After Florida)