If you’re thinking about expanding your investment portfolio, investing in long-term rental properties in Fort Worth, TX is a great way to do just that. Fort Worth, Texas is home to around 1 million people. And that’s not counting all the surrounding towns and cities! Many of these people have relocated to the area to start new jobs, attend college or start a new life for themselves and their families. Catering to these demographics can be a smart business move, and owning rental property in Fort Worth, TX can be a profitable investment.

There are four main advantages to owning rental property in Fort Worth:

Rental Property In Fort Worth Provides A Great Location
Property in Fort Worth is often more affordable than other areas in DFW. Mainly because it is a bit smaller than the Dallas area. This makes it a popular choice for renters looking to save money. Luckily, Fort Worth offers thousands of job opportunities with little to no commute.

Fort Worth, TX also provides incentives for renters to stay in this area. The area has a blend of activities such as: public parks , museums, art and music venues, five-star restaurants, and high-end shopping, golf courses, happy hour spots, sport events and hiking trails. There’s something in Fort Worth for everyone, and there is room for expansion. The low cost of living (compared to surrounding cities) makes Fort Worth enticing for all people.

Fort Worth Rental Property Provides Opportunity For Growth
This is a city that is growing rapidly, and owning investment property here ensures that you’re the first to know about new developments. New neighborhoods are popping up all over Fort Worth, giving investors and landlords new properties and new homes to buy. Renters are keeping their eyes on the Fort Worth area. Owning rental property here means you increase your chances of finding tenants who want to live in a highly desirable area.

Diversity Within The Fort Worth Rental Market
Fort Worth is diverse in many different ways. It is a city that blends many cultures, backgrounds, races, and ages into one space. There is also diversity when it comes to real estate options. Fort Worth has pockets of quiet suburban neighborhoods with single-family homes, areas with luxury developments and townhomes, historic neighborhoods and more. When you own investment property in Fort Worth, you have access to many different kinds of real estate, allowing you to diversify your portfolio without having to leave the city limits.


Professional Property Management In Fort Worth, TX
Another advantage to owning rental property in Fort Worth is having access to one of the area’s best property management companies!

At All County Property Management Group, we help not only renters find their next home but also property investors looking for an experienced property management company to take over the hard work of property management. We offer up-to-date listings to suit a variety of needs and budgets. In addition, our dedicated leasing staff works with you every step of the way so you can feel confident in your home choice. Plus our team handles all property management needs from maintenance, leasing documents, marketing and more! For more information or to see our available listings in your area, check us out today.

If you are thinking about buying or already own investment property in Fort Worth, Texas and surrounding areas give us a call today!

A homebuyer’s worst nightmare is a real estate bidding war. For investors, getting the best deal on a property is essential to achieve a profit. Unfortunately, sometimes it’s unavoidable. However, there are a few ways you can avoid a real estate bidding war.

What is a Real Estate Bidding War?
A bidding war occurs when more than one person is interested in purchasing a property. A bidding war is different from having multiple offers because it involves a series of increasing prices. It’s similar to an auction, where potential buyers rapidly push up the property’s price past the original asking value.

Can You Avoid a Real Estate Bidding War?
In this day and age it may seem like a bidding war is inevitable in the Fort Worth area. However, there are ways for potential buyers/ investors to increase their chances of winning.

1. Go into the situation with a confident, clear mind.
2. Make the Highest Offer
3. Ensure You’re Prequalified for a Mortgage
4. Make an All-Cash Offer
5. Eliminate Contingencies
6. Remain Flexible With a Closing Date
7. Work With a Good Real Estate Agent
8. Write a Personal Letter to the Seller

When Is It Time to Walk Away From a Bidding War?
If you don’t want to get caught up in a bidding war, you don’t have to. Especially if the home isn’t a good investment. A good sign of a bad investment is if the home is priced higher than other similar homes in the neighborhood.

Managing Your Investment Property
For investors, winning a real estate bidding war is just the beginning. In fact, successfully operating a profitable investment property requires a lot of time and energy. This is why successful landlords hire All County Property Management Group to ensure their investment is well managed. An experienced property manager will understand your local market and insure you are always making money.

At All County Property Management Group, we help not only renters find their next home but also property investors looking for an experienced property management company to take over the hard work of property management. We offer up-to-date listings to suit a variety of needs and budgets. In addition, our dedicated leasing staff works with you every step of the way so you can feel confident in your home choice. Plus our team handles all property management needs from maintenance, leasing documents, marketing and more! For more information or to see our available listings in your area, check us out today.

As warmer weather quickly approaches the DFW area, it is time property owners and renters start thinking about how to prep their properties for the upcoming season. Whether your property is vacant or occupied, it is important to think about the seasonal changes coming.

1. Address Landscaping Issues
If your property experienced heavy ice this past winter, chances are there is plenty of yard work to be done to spruce things up in both your front and back yards.
Here are some things you can start doing now:
• Trim the hedges. This will help with new growth and prevent break off from damaged branches caused by winter storms.
• Clean the ground space. Keeping your yard clear of branches and leaves that may still be there from the winter months can help grass coming back in for the spring.
• Prepare for weeds. Right before spring fully blooms, it is a good idea to think about preparing for the inevitable weed growth

2. Examine the Exterior
It is easy to forget how much wear and tear the exterior of your investment property experiences over time. Before the weather gets too hot, inspect the exterior of your property. Check for worn out weather-stripping on all doors and windows. Further, make sure there are no cracks in the existing exterior. These two things, if left untreated can lead to unwanted bugs.
Here are some other key things to look out for:
• Broken or missing shingles
• Damaged and cluttered gutters
• Roof flashing that may have detached during storms

3. Backyard Necessities
Beyond needing to clean up your ground space and trim your trees and shrubs, now is the best time to prep your property’s backyard with all of the landscaping necessities
Here are some of the things your yard is likely to need at some point during peak gardening season:
• A good hose
• Sprinkler system
• Rakes, brooms ( unless hiring a crew)
• Pool supplies (if applicable)

4. Inspect the HVAC Systems
Heating, ventilation, and air-conditioning units always take a beating regardless of what season it is. Inspect your property’s HVAC systems before the Texas summer heat. Routine maintenance keeps the unit in good working order and reveals issues before they end up costing you hundreds or thousands of dollars to fix.

5. Wash Windows
The exterior portion of your property’s windows are likely dirtier than either you or your renters know. Having clean windows will add a little extra curb appeal to your property.

In the end, preparing your investment property for the upcoming warm season does not have to be difficult or time-consuming if you get started sooner rather than later.

In addition, by having an experienced property management company on hand like All County Property Management Group we will help make the seasonal transition easy for you to have a beautiful, safe, and springtime-ready investment property.

 

At All County Property Management Group, we help not only renters find their next home but also property investors looking for an experienced property management company to take over the hard work of property management. We offer up-to-date listings to suit a variety of needs and budgets. In addition, our dedicated leasing staff works with you every step of the way so you can feel confident in your home choice. Plus our team handles all property management needs from maintenance, leasing documents, marketing and more! For more information or to see our available listings in your area, check us out today.