Posts Tagged ‘earn a respectable income’

HomeVestors Knows That Texas Rental Property Is Likely To Be A Profitable Venture

Tuesday, July 28th, 2015

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Since a large number of people are moving into Texas, rental property in this state is likely to be a profitable pursuit.

Dallas, Texas HomeVestors is the nation’s number one home buying franchise and has helped real estate investors purchase 50,000 properties over the years.  The company knows that real estate investors who want to purchase Texas rental property should do so in one of the fastest growing cities in the state.  Investors can choose whether they want to purchase rental property in Dallas, San Antonio, Austin, or Midland, or choose another growing section of the state.  Either way, Texas continues to grow in size and those who are part of the rental property field are likely to capitalize on growing rental rates.

The Texas economy is well diversified and isn’t completely dependent on the oil industry anymore.  This allows investors to purchase Texas rental property without having to worry about the strength of the energy industry above all other factors.  Since a large number of people continue to move into the state of Texas, those who own rental property in the region are likely to find that tenants are abundant.  These investors should be able to keep their rental property at near maximum occupancy throughout the course of the investment.  Even still, purchasing rental property in the most ideal location is bound to command the greatest profits.

Those who want to purchase Texas rental property and earn a respectable income, while avoiding a great deal of risk, should focus on one of the top cities in the state.  These four cities are likely to continue to see their median property values increase, as people are likely to continue their migration into Texas.  Since the probability of any of these popular cities dropping in value significantly is low, investors who purchase rental property in these regions will have a secure, profitable investment on their hands.

Real estate investors who are looking to earn the greatest amount of profit, while taking on a moderate amount of risk should look to purchase Texas rental property in one of the growing regions in the state.  Since these cities haven’t proven themselves as of yet, investors have a chance to earn a windfall of profits, if these regions continue to develop.  On the other hand, some of these cities may not find that their economic improvement continues and will leave investors in a precarious position.

Investors who purchase Texas rental property should be able to earn both property appreciation and an increase in rental rates.

About HomeVestors of America Inc.

Dallas-based HomeVestors of America, Inc. is the largest buyer of houses in the U.S., with 50,000 houses bought since 1996. HomeVestors trains and supports its independently owned and operated franchisees that specialize in buying and rehabbing residential properties.  Most commonly known as the “We Buy Ugly Houses®” company, HomeVestors strives to make a positive impact in each community.  In 2012, for the seventh consecutive year, HomeVestors was among the prestigious Franchise Business Review’s “Top 50 Franchises,” a distinction awarded to franchisors with the highest level of franchisee satisfaction.  For more information, visit www.HomeVestors.com.