While Texans fever is sweeping Houston, a recent article also shows Houston has placed first in another category. According to one article it is the #1 place to be a landlord.
"Based on home prices, area economy and rents, and ranked by job growth, per Local Market Monitor:
"Based on home prices, area economy and rents, and ranked by job growth, per Local Market Monitor:
#1
Houston
2.5%
Annual job growth:
Projected 3-year rent increase: 18%
Q2 home price: $174,000
Current monthly rent: $818 "
I am not sure where they get the rental amount, because a home in the Clear Lake area can easily be around $1200 for a 3 bedroom house. Read the entire article here - and give me a call at 713.817.5710 if you 'd like to look at some homes as an investment.
http://money.cnn.com/pf/the-year-in-money/real-estate/best-places-landlord/
Q2 home price: $174,000
Current monthly rent: $818 "
I am not sure where they get the rental amount, because a home in the Clear Lake area can easily be around $1200 for a 3 bedroom house. Read the entire article here - and give me a call at 713.817.5710 if you 'd like to look at some homes as an investment.
http://money.cnn.com/pf/the-year-in-money/real-estate/best-places-landlord/
And if you are currently renting and wonder why we are number one - it is simple - you can affordably own a home here for LESS than what you would pay in rent. Maybe we should talk and see if you can become a homeowner.
Posts
0 comments:
Post a Comment