The Dallas/Fort Worth (DFW) area is practically begging you to come make money as an income property investor. Well, not in so many words but let’s take a look at the numbers. Cash flow heaven awaits for those willing to yank the useless equity out of their home and plow it into Big D.
Need a rental pool? Dallas is the 8th largest city in the United States and Fort Worth is the 20th. By 2025, the metro area population is expected to top 7.7 million. Much of the influx is due to companies relocating to take advantage of the great business climate. We’re not talking weather. We’re talking about a city and state that shows businesses they are welcome by putting their money where their mouth is.
Here’s a crazy little number to show you just how BIG business is in this region of Texas. If DFW were a nation, its GDP would rank 19th in the world!
Can you say opportunity? DFW has a cost of living nearly 9% below the national average. That means things are cheaper in Dallas, including residential homes that you could be buying to rent out to all these new people relocating to the Lone Star state. But that’s only if you like making money. Some estimates place Dallas house prices more than 23% below the national average but the average home price has increased 8% over last year, which means now would be a good time to start thinking seriously about investing in DFW, before real estate prices start shooting up again.
To get started, look at the DFW area presentation at www.JasonHartman.com/properties.
The Platinum Team
