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C
ompanies are moving to Texas in
droves. Toyota is relocating hun-
dreds of their employees to their new
headquarters in Plano, Texas by May
15th. The biggest online retailer in
the world, Amazon, recently moved
a major portion of their distribution
center to North Texas. That is just the tip of the iceberg.
If you think moving to the Lone Star State is just a
passing fad, just ask State Farm, Liberty Mutual, Fed
EX, and Jamba Juice. The business gold rush has begun
and they are all coming to Texas. Why? Let’s break it
down.
First and foremost, doing business has never been
easier. It’s more about business growth than anything
else. “Businesses are sick and tired of being over-taxed
and over-regulated and are making the economically
sensible choice to move to Texas,” said John Wittman,
deputy press secretary for Texas Gov. Greg Abbott’s
Office.
The timing is simply perfect in Texas as both corpo-
rate relocation and real estate demand rises at the same
time. “When so many large corporations are lining up
to move to Texas, there is going to be a shortage of
actual real estate available,” said Marcus Reynolds, VP
of Investor Relations for 2020 REI.
“Texas is a very business-friendly state for compa-
nies to move to. Among the essential benefits for this
migration to Texas include no state income tax, a strong
economy, steady job marke t, and affordable housing.”
California is losing out to Texas as corporations
flee higher tax rates and stringent regulations. “I was
raised in California and couldn’t imagine a better place
to be but in 2011, I realized that the cost of living was
so out of reach my family and I decided to make the
move to Texas,” said Abe Romero, VP of Marketing
for 2020 REI. “If I would have known what I know
now, I would have bought as much Texas real estate as
humanly possible.”
Texas has always been bigger and better but that
statement has never been truer for real estate investors.
“Texas is an out-of-state investor’s dream,” said Tim
Herriage, CEO of 2020 REI. “Real estate investors can
come in and fix and flip or purchase and rent for much
greater returns than nearly anywhere in the country.
Our state is in such high demand that it is not un-
common for my company to buy a property and then
find a buyer who will pay 20% more than we paid for it
within the same day.”
Real estate has for the most part paid higher returns
than the stock market. It’s a way for those who want to
Realty411Guide.com
is a very
‘ Texas
favorable state
for companies to
move to along
with hard work-
ing Americans.
’
invest to take advantage of an asset that has historical-
ly outperformed Wall Street. “At the end of the day,
we feel great about the service we provide,” said Tim.
“We are an investors one-stop shop for Texas. We
offer comprehensive in house services for investors
of all sizes and scopes. 2020 and its companies have
helped investors sell one home, or sell two dozen; and
then flipped roles to help an out-of-state fund acquire
hundreds of homes using our licensed real estate
agents. We have the unique ability of being able to
leverage our in-house finance team, full-service real
estate agency, and experienced direct investment
teams to provide a complete ecosystem for those
wanting to invest in Texas.”
2020 REI was founded to live up to its mission; to
provide world-class customer support with the highest
level of integrity. “Our team is transacting more
than $10MM per month in Texas investment proper-
ty,” said Herriage. “Investable Realty is expanding
beyond Dallas to service more of the state, and it is
always exciting when we are able to help investors
meet their goals, while achieving our own. I encour-
age investors of all levels to contact our team, and let
us show you why we are the premier one-stop shop
for real estate investing in Texas.” v
To learn more about 2020 REI and how they can
help you grow your real estate investment business,
please call or text at 972-382-7866 or email us at
[email protected]
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