Multifamily Investment in Dallas, Texas
If you are contemplating investing in real estate, a multifamily investment in Dallas, Texas might be the ideal opportunity right now.
We love multifamily properties in Dallas, Texas for several reasons. According to the U.S. Census Bureau, the Dallas (including Fort Worth and Arlington) metro area gained more new residents than any other metro area in the United States in 2018. Dallas’ population growth is forecasted to continue throughout 2029.
Even to the casual observer, it should be fairly obvious that the demand for housing and apartments will continue to be strong and rental prices will adjust according to supply and demand as it always has. According to Multi-Housing News, Dallas-Fort Worth is a growing and thriving city with “steady rent growth.” Arlington, Frisco, Addison, Carrollton and other nearby suburbs will likely experience an increased demand for housing over the next 5-10 years.
Furthermore, we carefully research the neighborhoods where we purchase our properties to ensure maximum occupancy. The northern suburbs and Northwest Dallas are looking particularly attractive as there are many large companies (such as Wal Mart, Comerica, Texas Instruments, Texas Health Resources, Bank of America, Lockheed Martin, Verizon, Raytheon and many others) located within a 30-40 minute commute which have and will continue to stimulate the demand for housing for the foreseeable future.
Why Invest In Multifamily Real Estate?
Historically real estate investments, particularly multifamily real estate investments, have generated consistent yields for investors. Unlike investing in a stock which could potentially go to zero, real estate is a hard asset which will retain its value provided that it’s well maintained and it’s located in a place where many people desire to live. That said, there is still some risk involved with real estate investing. One way to mitigate that risk is by investing with a real estate investment firm which has done thorough research and can clearly explain why a particular real estate investment makes sense. It’s more formulaic than speculative if you do your due diligence correctly.
Location research and extremely detailed property analyses is just one of many reasons why Avid Realty Partners is successful. One of the best reasons to invest in any type of real estate, especially multifamily properties is because it is very rare that real estate does not grow in value. In most cases (with rare exceptions) property value climbs.
The beauty of investing in multifamily properties with Avid Realty Partners is that all the work is done for you. Our team does all of the research, thoroughly analyzes every aspect of the property, compares the property to similar properties in the area, and ensures that all of the numbers make sense before even considering making an offer on a property.
Furthermore, our management team takes all the work out of property ownership. You never have to deal with decision making, tenants, repairs and the other potentially negative aspects of owning and managing a multifamily property. Our experienced management team manages the property and makes calculated decisions that are best for your investment, the tenants and the property.
We always add value, improving our units and maintaining our properties, to make them more attractive to our customers and to potential buyers when we are ready to sell a property.
Benefits of Investing with Avid Realty Partners:
- Take advantage of ownership options without the workload
- Get a consistent ROI with very little input
- Successful track record in real estate investing
- Meticulously detailed deal analyses
- Diversify your portfolio
Avid Realty Partners is a great place for you to consider parking some capital.
Contact us today to learn more about our current opportunities for multifamily investment in Dallas, Texas and in other secondary and tertiary markets throughout the United States.