Based upon home prices, economy, rents, and job growth, the best city for being a landlord is Houston, Texas.
1. Houston, Texas with Projected 3-year rent increase of 18%, Q2 home price of $174,000, Current monthly rent of $818, and an annual job growth of 2.5%.
According to Local Market Monitor, the other top cities for being a landlord are
2. Grand Rapids, MI
3. Rochester, NY
4. Dallas, TX
5. Tulsa, OK
In Spring, Texas, the demand for single family homes rentals are up 25% over 2010. Property managers are reporting increases in monthly rents of 5% to 10%. It’s the first rental increase they have seen over the last several years. People relocating to Spring Texas are surprised and disappointed with how little their rental housing dollars stretch. Tougher loan requirements, higher down payments, and previous homeowners now having to rent due to foreclosure are all driving demand for rental properties.
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Jill was really professional and friendly, she has a really good insight on what you need today and in the... read moreJill was really professional and friendly, she has a really good insight on what you need today and in the future.
We were looking in north spring area and definitely she knows well the inside out of this area
She is very experienced in Spring and woodlands areas. Also she knows pretty well on the closing cost details and calculating all the payments. read less