Known for the warm climate, low cost of living, and great futures for those who are planning on going to University, starting a business, or buying their first home, East Texas is the place many are flocking to. Transformed from the once primarily known college and political town, with the increase in technological businesses expanding it is now one of the largest cities for design, marketing and creative inspiration.
Low business taxes and no state income tax are two other reasons why East Texas Commercial Real Estate is attractive to the small business owner or investor. No matter what your business, you are sure to find an affordable building, storefront, warehouse or investment home that will suit your needs.
Investing in commercial real estate is a wise decision. If you are looking to retire or would like the security of an extra nest egg, purchasing commercial real estate in Texas could be what you need. If you are looking for a way to build strong cash flow, you need to look for a property where the “cap rate” is higher than loan interest. This can mean you also can make money on the money you borrow. Texas is an area that has a nice of 8-9% cap rate on their commercial properties and has become known to be a good place for those who want to build up a strong income. Some people often refer commercial property to being like a Golden Goose that continues to lay those golden eggs.