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Why Californians Are Paying $100K Over Asking in DFW - Agent Will Smith

Why Californians Are Paying $100K Over Asking in DFW - Agent Will Smith

Episode 174 Published 5 years, 1 month ago
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Will Smith, a Dallas real estate agent and owner of Bigger Realty Professional, explains why Californians are flooding into the Dallas-Fort Worth Metroplex - paying $100,000 over asking price and driving up equity for existing homeowners. Originally from Los Angeles, Will discusses the 50-year mortgages teachers faced in California, the appeal of Texas's no state income tax, and how companies like Toyota, In-N-Out, and Trader Joe's created the infrastructure that pulled transplants east.

The conversation covers commercial short-term rentals in a 1099 gig economy, condos as the best investor play at $80,000 to $100,000 with fast equity gains, Airbnb taxes and registration in Dallas, rezoning battles over McMansions and affordable housing, and the banking collateral shortage behind personal line of credit shutdowns. Myka and Steve pivot from pure Airbnb arbitrage toward corporate housing and global mobility contacts as cities tighten regulations.

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Myka — Sharebnb: www.sharebnb.com
Steve — Argest Rentals: www.ArgestRentals.com

Sign up for PadSplit with Steve's link and get a free 1-on-1 PadSplit strategy call with Stevie Stacks: padsplit.com/hosts

Myka's other podcast, Entrepremarriage — building wealth without losing the marriage: youtube.com/@Entrepremarriage

All our links: linktr.ee/liveletthrive

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