So is the SW real estate market keeping up, and what trends are helping TX income property investors capitalize on opportunities? According to Texas Comptroller of Public Accounts, population trends show that more people are moving from rural areas to urban/suburban areas. (See TX State Demographics Site.) This means more multi tennant occupancy per multi tennant property in urban/surban areas, which means more profit from your investment property!
Just how big is TX? According to Wikipedia, Texas has a Gross State Product that is the 2nd largest in the nation, and on par with the entire countries of Canada and India.
The Lone Star State may be famous for oil, but also leads in many other areas of agriculture and mining. No state income tax, and a business friendly government earned the state the title of “most business friendly state in the nation.”
Texas is home to the highest number of Fortune 500 companies (tied with California), and had the 2nd largest concentration of millionaires as of 2010.
TX continues to be a leader in employment and job creation, with homeowner protections for preserving home equity. This has enabled the state to escape much of the crisis which weathered the rest of the nation.
According to the Austin Board of Realtors:
North Texas Real Estate Information Systems reports:
The Houston Association of Realtors (HAR) says:
The city of Houston has the largest real estate market in Texas while Fort Worth has the least expensive property and the most luxurious properties are concentrated in Austin.
Texas real estate is highly attractive to rental property investors for affordability, sustainability, room for growth, and strong economic fundamentals. This has made the state a popular one for new home builders, but also presents great opportunity for real estate investors seeking to build up significant portfolios of single family rental homes.
Those ready to go big in Texas real estate will find new rental property mortgages from RentalHomeFinancing.com ideal for obtaining efficient leverage for bulk buying of rental homes.
Texas Real Estate Commission
Stephen F. Austin Building
1700 N. Congress Ave., Suite 400
Austin, TX 78701
Telephone: (512) 936-3000
Web: www.trec.texas.gov
Texas multi family housing may be available for purchase from Texas Department of Administrative Services General Services Division. The state of Texas, through the Texas Department of Administration, is in the process of disposing of certain real property; subject to all existing legal rights-of-way, easements, conditions and restrictions of record.
Government owned Multi Family Housing may be for sale by the USDA-RD and USDA-FSA.
To see if there are any RD/FSA rental properties for sale in Texas,CLICK HERE
More than just a leading U.S. Blanket Mortgage Lender, Rental Home Financing is your partner for long term wealth building and cash flow generation. We’re invested in your long term success.
Contact us today and experience a refreshing new approach to financing investments…
Call today for more information: 888-375-7977 or CLICK HERE
Rental Home Financing
9465 Counselors Way
Suite #200,
Indianapolis, IN 46240
Rental Home Financing, as the best mortgage lenders we originate rental home loan products and cash out refinance investment property loans as the best investment property refinance lenders. Commercial blanket loans are available with a commercial purpose to suit your needs.
Also, as DSCR loan specialists, we are currently authorized to make such loans in most all areas of the United States. Specific circumstances will determine whether we have the ability approve/close portfolio rental home loans in your state(s). When you are ready to get a mortgage for rental property, we are ready to serve you.