Inflation is the main buzzword of the decade. But to savvy investors, that’s no surprise. The US Consumer Price Index, or CPI, monitors the price changes in goods and services each month.

And based on that data, policymakers and financial markets adjust to it. Residential property investors watch the CPI too, and they have for much longer than ten years. Their goal is to watch inflation and make wise investments at the right moment. That means remaining active at times during both:

Moderate inflation: Allowing housing market growth by encouraging more consumer spending with fair wage increases

Hyperinflation involves less affordable housing and higher mortgage rates, making housing less affordable.

Here is a link to the Homesight post providing more details about the impact of inflation on home prices.

Regardless of changes in the market, the rise in investor-owned properties in North Texas isn’t slowing down. Whether you live in Dallas, Plano, Allen, or another community up here in Collin County, it is a great time to dive into the market as investors continue to add residential rental homes to their portfolios. As they accumulate their investments, a property investor might end up being responsible for ten or more single-family home rentals. And while they continue to watch the housing market rise and fall, they will need an expert to pay attention to the daily responsibilities of managing those home rentals!

We Believe Home Rentals in North Texas Deserve Special Attention

Property management for rental homes is very different compared to apartment units. For example, a single-family home typically comes with a large, private backyard with landscaping and fencing. Rental homes also provide occupants with more privacy, meaning there are no on-site landlords to check up on them regularly. So, the investor may need to schedule site visits from time to time to remain on top of the status of the home.

The good news is it’s much easier to manage a single-family home rental than apartments for several reasons, such as;

  • There is only one tenant to interview, choose, and handle onboarding paperwork for.
  • It’s easier to quickly rent a house because parents prefer kids have more space to run around instead of ‘bouncing off the walls’ in a small apartment.
  • Families relocating to a North Texas suburb appreciate a pet policy where no one needs to leave Fido behind!
  • People find the general quality of life in a residential neighborhood is much better because kids can ride bikes or walk safely to their nearby school.

If you own a single-family rental home in a place like McKinney, Allen, or Plano – congratulations! Maybe you can handle DIY management duties, but if you are struggling, call us. We are happy to take on the work to manage one family home.

And if you are an investor who owns several rental houses in North Texas, the landlord duties can be overwhelming. But you don’t need to struggle alone. We support investor-owned properties, too!

We know single-family home property management is special, and that’s why we “specialize” in it!