1. Low Interest Rates - (currently we all have historically low interest rates - a great time to buy/invest).
2. Buyer's Market - (the local Dallas, TX area is still in a Buyer's market - a great time to buy/invest while prices are still low).
3. Price Discounts - (some local Builders and Sellers are accepting price discounts for investors).
4. Low Closing Costs - (local Builders and Sellers sometimes pay part or all of the Buyer's closing costs).
5. Stable Economy - (the Dallas, TX market has a very stable economy and real estate market).
6. Growth - (the Dallas, TX market is currently experiencing very strong growth - supported by population growth, new employment, road construction, commercial/residential construction, etc).
7. Timing - (many parts of the U.S. have already peaked in price and investors are selling at a profit to re-invest their $$$ in the Dallas, TX market; a.k.a. Buy Low, Sell High... then Repeat).
8. Rental Rates - (the Dallas, TX rental market supports favorable rental rates to generate cash flow. e.g.: a typical $150k SF home rents for $1100-$1300/mo. And property taxes are being reduced again in 2007).
9. Property Management - (access to full-service property managers offers you freedom of time and worry).
10. Killer Resource - (you have found an investor-savvy Realtor team that makes it all happen for you)!
And, if that’s not enough reasons, here’s a few more…
· Texas enjoys being the 1st or 2nd top state in the U.S. for NET influx of people!
· A 2006 article identified the Dallas area as one of the 2-3 most undervalued cities in the U.S! No real estate bubble here in our local market!!!
· Texas is very "landlord friendly."
· Texas has one of the best "Affordability Index" ratings, which means more residents (over 60%) can afford to rent / buy compared to most cities.
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1 comment:
Good for people to know.
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