If you are a real estate investor in the areas of North Dallas, Plano, University Park, Southlake or this general region, you should know that this area has been touted as the hottest in the national real estate market for 2017. It is due to the cost of living and the prices for rentals, the diversity of industries and the strength of the job market. What it means to an investor is simple: this is a perfect spot for real estate investing of any kind, but most especially rental properties. Common logic dictates that one of the safest investments in...Read More
It’s no secret that real estate investing is a wonderful way to diversify and stabilize your portfolio while you see regular monthly cash flow and steady increases to your net worth. However, if your area does not have a good market for rental real estate, house flipping, commercial rental real estate, or whatever real estate niche you want to invest in, then you could be looking at some very bad deals. Fortunately, as a real estate investor, you do not absolutely have to invest in your own backyard. If you live in an area with a flat or declining market,...Read More
In a perfect world, you would never have to find new tenants for your investment rental properties. You’d purchase the properties, make any upgrades and repairs necessary, find the perfect tenants, and then you’d be set for years to come. While that usually isn’t the case in reality, there are a few things you (or your property manager) can do to help you retain great tenants. With less tenant turnover, your property will spend less time vacant, and you won’t have to spend as much time and money preparing it for new tenants every time your old tenants move out....Read More