The big picture on the current local market is that it is a good time to sell, a historically phenomenal time to buy and a great time to invest in rental property. This week we will discuss each of these market segments in a 3 part series. Today is part 3 of 3: It’s a Great Time to Invest in Rental Property.
The rental market is also extremely busy and competitive – on average homes that were leased a year ago can lease for at least $100 more per month currently. Our last two rentals we put on the market in January were leased within a few days. Couple the high demand with some of the good deals on the market and you can have someone else be building equity and cash for you in a very short period.
Give us a call to show you the current deals on the market and we can find one that will match your budget and renovation skills. It’s a great time to INVEST in rental property.
We are so blessed to be in Texas and in Collin County and The Marr Team is excited to help all our friends and neighbors make the best real estate decisions for your family so give us a call today and let us know your plans and we can give you the most up-to-date advice and information. Knowledge and experience are not expensive, they are priceless!