- Investment Opportunities
- FREE Training Videos
- Mortgage Investing
- Video Series – Into To Hassle-Free Cashflow Investing Philosophy
- INTRO PART 1 – Intro To Hassle-Free Cashflow Investing
- INTRO PART 2 – Learning real estate investing vocabulary
- INTRO PART 3 – Get Higher Returns with Less Invested
- INTRO PART 4 – Getting From Where You Are To Where You Want to Be
- INTRO PART 5 – Taking The Hassle Out Of Your Real Estate Investing
- INTRO PART 6 – Formulas – Using Arbitrage To Increase ROI
- INTRO PART 7 – Understanding Leverage Ratio
- INTRO PART 8 – Calculating ROI Using Leverage Ratio And Arbitrage Spread
- INTRO PART 9 – Increasing Arbitrage Spread Magnifies ROI
- INTRO PART 10 – Property, Location, Team, Financing, and Expectations
- INTRO PART 11 – How To Make Money With Real Estate Investing
- INTRO Part 13 – Are Passive Investments in Real Estate Right for You?
- Video Series – Real Estate Math
- Lesson 1 – Calculating Return on Investment
- Lesson 2 – How and When to Use ROI (return on investment)
- Lesson 3: Calculating Gross Scheduled Income, Adjusted Gross Income, Net Operating Income
- Lesson 4: Calculating Operating Expenses
- Lesson 5: Calculating Capitalization Rate
- Lesson 6 – Calculating Interest Rate
- Video Series – Real Estate Investor Training Webinars
- Secrets of Self-Storage Investing
- Real Estate Collection Agency Secrets For Improving Your Real Estate Profits
- Chasing Infinite Returns with Real Estate Investor Financing
- How to Build Your FICO and Use It for Real Estate Profits
- Cash Management Strategies for Real Estate Investors
- Partnering for Profit
- Introduction to NNN Lease Commercial Real Estate Investing
- Cashflow Investing for Prosperity and Happiness
- Cashflow Investing Strategies for Recessionary and Inflationary Times
- Creating Your Life By Design
- Keys to Successful Property Management
- Tackling Success: From the NFL to Professional Investor With Professional Athlete Terrence Robinson
- Strategies for Protecting Your Income and Wealth from Rising Inflation
- Video Series – Tax / Accounting / Self-Directed IRA Investing
- A Real Estate Investor’s Comparison of IRA, ROTH IRA, and 401(k)
- Tax Planning Strategies For Cashflow Real Estate Investors
- Year End Tax Strategies for Business Owners and Real Estate Investors
- Using A Self-Directed IRA to Create Hassle-Free Cashflow
- The Ultimate Tax SmackDown Event: Solo(k) versus IRA
- Back to Basics Bookkeeping For Real Estate Investors and Business Owners
- Using A Self-Directed IRA When Your Income is High But Your Balance Is Low
- Taxmaggedon: tax strategies to Protect Yourself From Tomorrow’s Taxes!
- Creating Powerful Retirement Accounts for Business Owners & Real Estate Investors
- Falling in Love with Real Estate Bookkeeping
- Real Estate Investor Tax Deductions and Investing Strategies
- Why Do Hassle-Free Cashflow Investors Love Texas Real Estate
- Hassle-Free Cashflow Investing Secrets
- Hassle-Free Cashflow Lending Secrets
- How to Avoid UDFI Taxes When Investing in Real Estate with your IRA
- Eight Best Kept Secrets About Investing with your IRA
- A Guide to 1031 Exchanges
- Top 20 Things Every Business Owner Needs to Know
- Recordkeeping: Keep the Receipt or Lose the Deduction
- Managing Your Properties with QuickBooks
- Powerful Cash Management Strategies
- 17 Steps to a Successful Joint Venture
- Get a Fast Fifteen Points on Your Credit Report
- 12 Warning Signs You’re Headed For A Lawsuit With Your Partner
- choosing entity type
- 8 Steps to a Payment Agreement
- Negotiate Better Lender Terms
- Foreclosure Process
Why Invest in Dallas?
Some of the smartest minds in real estate are focused on the long term strength of the Dallas – Fort Worth (DFW) Metro in Texas. Finding a strong market to invest in starts with identifying population growth, job growth, a diverse economy, a strong demand for housing, and a restriction of new supply.
DALLAS HAS POPULATION GROWTH
- Economic turmoil in California, Florida, Arizona and other parts of the country is causing rapid migration to DFW.
- Birth rates in DFW are higher than the national average.
- DFW is the recipient of substantial immigration from Mexico.
- Cost of living is low and quality of life is high attracting families, businesses, and retirees to the great state of Texas.
The Dallas-Fort Worth area’s population has grown by nearly 1.3 million from 2000 -2009. That is more than any other metropolitan area in the United States. The Dallas / Fort Worth / Arlington MSA is the largest metropolitan area in Texas, the largest in the South, the fourth-largest in the United States (SOURCE: Wikipedia on DFW)
The Dallas, TX metro is forecasted to add 4 million new people from 2010 – 2040 according to the Texas Data Center and the North Texas Water Board. That’s one new person every 4 minutes!!! In 2009, the population of Texas grew by 231,539/ That is more growth than Florida, Arizona, California, Nevada and Colorado, combined. A demographer at the Brookings Institution attributes the population growth to a more diversified economy in Texas and more conservative lending practices during the real estate boom. Robust population growth over the past decade will give Texas four new seats in the U.S. House of Representatives, for a total of 36.
DALLAS HAS JOB GROWTH
- The DFW job market is strong. ~60,000 net new jobs were created August 2010 to August 2011.
Diversified industry and relatively stable housing fundamentals have provided local residents with comparatively secure standards of living. Cities where home prices don’t fluctuate wildly are particularly well-positioned to ride out this recession, because they were spared the domino effect of foreclosures, lost jobs and lost productivity. Rather than chasing rising home prices or apparently plentiful jobs in one-industry towns, families looking for long-term economic stability should seek spots where industry is diverse and housing price shifts are benign. (America’s Fastest Recovering Cities – Forbes Magazine)
According to the US Bureau of Labor & Statistics, Dallas job growth is twice the national average. An educated populace and a cost of living below the national average, make Dallas enticing to companies seeking a lower cost but highly qualified workforce.
DALLAS HAS A DIVERSE ECONOMY
The Dallas economy is primarily based on banking, commerce, telecommunications, computer technology, energy, and transportation. North Texas has 28% of the state’s workforce, employing more than 350,000 in health care, 225,000 in high-tech and 68,000 aviation-related jobs. North Texas has 20 colleges and universities, 17 graduate schools, 3 medical/dental schools, 2 law schools and 20 community college campuses. (SOURCE: North Texas Commission) The Dallas/Fort Worth Metroplex is home to over 10,000 corporate headquarters making it the largest concentration of corporate headquarters in the United States. The Dallas metro area is home to 25 FORTUNE 500 company headquarters and 7 FORTUNE Global 500 companies which bring more than $819 billion in revenue to North Texas. (Source: Fortune Magazine 2009)
- WORLD CENTER OF AVIATION
- DFW International Airport is the third busiest airport in the world.
- There are more than 850 aviation-related businesses in North Texas – more than any other area of its size in the world.
- There are more than 68,000 documented aviation-related jobs in the region.
- LOGISTICS HUB
- DFW is a major logistics hub and has the lowest distribution costs to the top 50 U.S. consumer markets of any region.
- Since the passage of NAFTA, DFW trade to Mexico and Canada has more than doubled in large part due to the proximity of Interstate 35 the NAFTA Superhighway.
- FINANCIAL AND BANKING CENTER
- North Texas is a major financial center and is home to one of 12 regional Federal Reserve Banks, as well as several regional bank offices and corporate headquarters to Comerica.
- HIGH TECHNOLOGY CENTER
- North Texas is a national and global leader in the high-tech sector, and 8.3% of the region’s total 2.7 million labor force is employed in high-tech fields, according to the Metroplex Technology Business Council.
- North Texas’ 225,000 high-tech workers account for 52% of Texas’ total technology workforce, and North Texas boasts 6,215 high-tech firms.
- Although the high-tech industry employs 8.3% of the North Texas workforce, the high-tech sector accounts for nearly 13% of wages paid to North Texas workers – indicating the relatively high-paying nature of these sophisticated jobs.
- RETAIL CENTER
- North Texas is the 10th largest retail market in the country. Dallas Market Center, the world’s most complete wholesale marketplace, hosts approximately 50 markets each year attended by more than 200,000 retail buyers from all 50 states and 84 countries, and conducts more than $8 billion in wholesale sales annually.
- HEALTH CARE EXCELLENCE
- North Texas is known for its extensive state-of-the-art health care facilities with more than 90 major hospitals and two major medical schools.
- Health care is one of the largest and fastest growing industries in the Dallas-Fort Worth region with more than 350,000 health care jobs.
DALLAS HAS LOW TAXES
- No personal or corporate state income tax.
- Maximum state and city sales tax of 8.25%
DALLAS HAS HIGH QUALITY OF LIFE
- North Texas features world-class athletes, teams and sports facilities, including the new Cowboys Stadium, host of the 2010 NBA All Star Game, 2010 World Series, 2011 Super Bowl XLV, and the NCAA Men’s Final Four in 2014.
- The region is growing as an arts hub with 7.9 million people attending arts and culture events annually.
- Low cost of living.
- Affordable housing.
- Plentiful water.
- Public transportation and excellent highway system.
- Strong k-12 schools and universities.
- DFW is centrally located within Texas, the United States, and all of North America.
DALLAS HAS A STRONG RENTAL MARKET
- Rents are rising. Up 7% in Dallas County and 6% in Tarrant County over the last 12 months.
- Occupancy rates are high. +93% occupancy for units built 2000 or newer.
- Renters are plentiful. Vacancies lease quickly. Avg. days on rental market is < 30 days.
DALLAS HAS A SHORTAGE OF NEW HOUSING
- 6,800 units were added but 15,700 units were absorbed in the past 12 months.
- Construction infrastructure financing is virtually non-existent.
- Apartment construction financing is available but taking over one year in underwriting.
- Most small home builders in DFW went out of business in the most recent downward market cycle.
- Large home builders are not building because sales are slow and construction financing is scarce.
DALLAS HAS A HIGH DEMAND
FOR ENTRY LEVEL NEW HOMES, BUT MANY PROSPECTIVE BUYERS CANNOT GET FINANCING.
- Banks have tightened underwriting guidelines for potential buyers.
- Reduced documentation loans are gone.
- Down payment requirements have increased.
- A volatile job market has resulted in many homebuyers with poor credit.
- New arrivals to DFW from CA, FL, AZ and other parts of the US have foreclosures and short sales on their credit as a result of negative home equity in these markets. This disqualifies these prospects from financing a new home for 3+ years.
DALLAS HAS STABLE HOUSING PRICES
- Entry level home prices did not suffer major declines during the National Housing Bust of 2008-2010.
- Entry level home price are stable.
- Foreclosure rates are declining.
- The sales of existing homes in Dallas increased 31% from August 2010 to August 2011.
ADDITIONAL DALLAS RESOURCES