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INVESTOR FRIENDLY
Dallas / Fort Worth Texas
Ever wondered why Marshall is so hot on Texas Markets right now??? Here are just a few reasons… |
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With a population well over 5 million, the DFW Metroplex is the largest market in the Southern U.S. and ninth largest in the nation. Between 2000 and 2030, the population of this area is expected to grow by 2.7 million people (over 50%) to almost 8 million.
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Dallas and its suburbs have one of the highest concentrations of corporate headquarters in the U.S. and are known as the Silicon Prairie, owing to the large number of IT projects and the presence of numerous electronics, computing and telecom firms.
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Other major employers include American Airlines, Lockheed Martin, Citigroup, Baylor Health Care, Raytheon, and Verizon. ExxonMobil, the #1 corporation on the Fortune 500 listings, is headquartered here.
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The January 2006 issue of Business 2.0 recognized the Dallas/Ft. Worth area along I-35 as one of ten (10) boomtown metro regions that will have expansive growth and development over the next several years.
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SmartMoney estimated that the DFW area was approximately 14% undervalued. The December ’05 issue of SmartMoney reported that the Dallas/Ft. Worth area was one of the areas of the country where real estate is undervalued which could appreciate easiest in the future.
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Dallas over the last few years has been one of the top states in the US for business expansion and relocation. Last year alone, DFW landed new and expanded corporate facilities by Countrywide Mortgage, Vought Aircraft, Williamson-Dickie, Del Monte, Home Depot, Washington Mutual, Pier 1, AutoZone, Methodist Health System, RadioShack, D.R. Horton and Cott Beverages, to name a few. The long-term economic impact is in the billions.
Texas has very low tolerance for tenants who don’t pay bills. The laws are advantageous to Landlords. Foreclosures and unlawful detainer actions are much easier and faster than in other states. The January/Feb 2006 issue of Chief Executive Magazine ranked Texas as the best state to do business for the second year in a row |
~ ~ ~ above is excerpted from material published by Marshall Reddick
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Mr. Reddick is not affiliated with Tortoise I and is a promoter of real estate investing nationwide.
This does not imply that Mr. Reddick endorses Tortoise I, nor that Tortoise I endorses Mr. Reddick.
Other
sources place DFW as the 4th largest metro area in the US and rate the
area housing undervalued by as much as 20%, but you get the idea--the
best area for investment in the US.
 Nationwide Survey Shows DFW Housing Unlikely to Depreciate
Also, as a gift from the State of Texas to property owners, property taxes will be reduced again for 2007, as they were in 2006. The savings go directly to your bottom line. Property Tax Being Lowered
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