Rental Market & Investing - 5/17/2021
May 17, 2021
In our thirty-five plus years of managing rental property
in the Fort Hood area, we have never experienced such a prolonged period of nearly 100% occupancy. As of the writing of this blog, we have only one apartment available, which will likely rent today. Demand for rental housing has never been higher and I anticipate that this tight rental market will continue for some time due to the scarcity of available houses and apartments. With solid demand and limited supply, rents have been on the increase and owners and investors are seeing a steady improvement in the rates of return on their investments. As we see the buying power of the dollar declining while prices for just about everything are on the rise, most property owners are realizing the benefits of owning real estate as an investment and are enjoying rapid growth in their property’s equity and cash flow. People will always need a place to live, which makes real estate a wise commodity to invest in.
Now is still an excellent time to purchase an investment property while today’s interest rates are still near historic lows. If you are interested in buying an investment property or acquiring additional properties, our experienced staff of licensed agents are ready to guide and represent you with your purchase. Our many years of managing and selling investment properties in the Fort Hood and surrounding communities combined with our knowledge of the market are a huge advantage for investors.
“If stock market experts were so expert, they would be buying stock, not selling advice.” -P.J. O’Rourke
David Gerke
Broker
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