Have you noticed a ton of multi-family residential construction in the #Metroplex area lately? You’re not seeing things – this is real! Read more here: http://goo.gl/PmVxRe
Ever considered buying a condo or townhome? They’re a great option for many home shoppers, and I’ve been showing a bunch of these properties in Dallas lately.
Click here for my thoughts: http://goo.gl/oU7RE4
Start your own Metroplex home search HERE: http://www.johnbrooks-realtor.com
What happens when you find a great house in a super location but it’s DATED? You nab it! Read more here: http://goo.gl/zagQFv
I evaluated some investment properties in the Hurst/Euless/Bedford area this afternoon, as I have several clients who are jumping into the investment market right now. See photo of one of them, currently priced in the $70K’s and would likely rent for about $850 to $900 per month. That’s good cash flow for most investors. The home rental market is extremely strong these days in the Metroplex.
Most lenders require 20% to 25% down payment to buy an investment home, and interest rates are typically below about 5% at this time for that type of loan. Why not have a tenant pay down your indebtedness for you, as eventually you’ll have a paid-off asset in your portfolio. 🙂
You might be surprised to learn that there are 245 available properties in Tarrant county right now, priced between $50K and $100K, and with at least 3 BR and 2 BA and a garage! GREAT opportunity for first-time home buyers and investors alike! I’d be happy to send you the list (or one for any county in N. Texas) – just let me know.
Give me a shout at any time – it’s my pleasure to be of help to you in any way that I can. Ready to begin your search? Click HERE.
The DFW Metroplex continues to attract major corporate relocation because of the favorable tax environment, our N. Texas climate, and relatively low cost of living here (including housing).
For example, see this D Magazine article which states: “Hillwood Properties inked more than 5 million square feet in deals last year at AllianceTexas, the company’s 17,000-acre, master-planned community in North Fort Worth….More than 2.3 million square feet represented new absorption, including a to-be-built 1.1 million-square-foot Amazon fulfillment center. Other new tenants include Genco ATC, Martin Brower, LG Electronics, Exel, and Grainger.”
Wow – I hope the highways currently under construction here are completed SOON – we are going to need room for new neighbors!
In any case, it’s generally good news for home owners and investors alike. If you’ve been thinking about buying a home, it just might be time to hop off of the fence and make something happen…
http://www.johnbrooks-realtor.com
I began sending and receiving text messages on my Motorola Razr over 10 years ago. At the time, few people even knew how to send a text and very few would ever predict that it would take over the world.
Even in the real estate biz, more and more of our negotiation and dialogue happens via TEXT every single day. For example, take a look at the photo above. This is an actual text that I received from another Agent today. 🙂 I think I’m going to need a text-ologist to crack the code on this. Ha!
Have a FUN weekend trying to decipher some of the text messages that YOU receive…
http://www.johnbrooks-realtor.com
According to recent information published by the Bipartisan Policy Center, the rental housing market is expected to remain strong for the next two decades. This is good news for real estate investors and homeowners alike. The four key groups driving the rising demand are outlined in the graphic above. They are Baby Boomers, Echo Boomers, Former Homeowners, and Recent Immigrants. For details about their study, click here.
If you’ve been considering jumping into the real estate investing world (or converting an existing home of yours into a rental), let me know. There are some amazing books and resources out there to give you a jump start. Contact me any time – I like to help!
http://www.johnbrooks-realtor.com
Have you ever been working on a long, multi-part project, only to arrive at the last 5% of to-do items feeling a bit weary (as if you’re NEVER going to actually finish)? Well, that’s how I felt earlier this week when our home in Fort Worth was ALMOST ready for the tenants to move in, but the gas fireplace wouldn’t ignite. One call to “my” amazing technician, Daryl, and it was fixed pronto! What a relief – and it wasn’t even an expensive fix. He absolutely made my day when he sent me this photo of it actually WORKING!
So, a fire being spotted in my house? Well, it was a very GOOD thing in this case! 🙂
I know that I say this a lot, but PLEASE reach-out to your Agent or a trusted friend / associate for repair technician and contractor referrals. As Agents, it’s part of our job to maintain those connections and relationships for you.
Have a refreshing weekend, everyone!
http://www.johnbrooks-realtor.com
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