5 Reasons to Invest in Multi-Family Properties in Dallas-Fort Worth, Texas

Investing in rental properties can be a great way to generate passive income and build long-term wealth. And when it comes to rental properties, there’s no better type of investment than a multi-family property. Here are the top five reasons you should consider investing in a multi-family property in Dallas-Fort Worth, Texas. 

1. There’s a Strong Demand for Rentals: 

The Dallas-Fort Worth metro area is one of the fastest-growing areas in the country, with an estimated net population growth of almost 150,000 people per year. That strong population growth translates into strong demand for housing, especially rentals. The vacancy rate for rentals in Dallas-Fort Worth is below 4%, which is considered a “tight” market. That low vacancy rate means high demand for rentals, and rents will likely continue to increase. 

2. More bang for Your Buck: 

When you invest in a multi-family property, you’re getting two (or more) investment properties for the price of one. That’s because a duplex, triplex, or fourplex is typically priced at a lower per-unit cost than two single-family homes that are similar in size and located in the same area. In other words, you’ll get more living space and rental units for your money when you invest in a multi-family property. Not to mention rental property tax advantages.

3. Property Management is Easier : 

While it’s true that managing any rental property requires some work, it’s generally easier to manage a multi-family property than multiple single-family homes. That’s because you only have one property to keep up with instead of multiple properties scattered around town (or even the country). Additionally, suppose one unit in your multi-family property becomes vacant. You still have income from your other units to cover your mortgage payments and other expenses. At the same time, you work on finding a new tenant.

4. You’ll Enjoy Better Cash Flow : 

Because multi-family properties typically cost less per unit than single-family homes, they also tend to generate higher cash flow. Additional cash flow provides extra monthly money to reinvest back into your rental property (to make repairs and upgrades, for example) or to use as you see fit. Not to mention that a multi-family unit property is obtainable with one mortgage loan. That’s much easier than obtaining multiple loans at once.

5. More Tenants to Screen = More Options: 

One of the most important aspects of being a successful landlord is screening your tenants carefully. Receiving multiple applications on your property gives you a larger pool of qualified applications. That means you get to choose the best possible renter for your unit.  

Get a Hard Money Loans for Multi-Family Properties

If you’re ready to purchase a multi-family unit property, let’s talk. DFW Investor Lending offers hard money loans for multi-family properties in the Dallas-Fort Worth Metroplex. Our experienced lenders understand your needs and can work with you to determine your property’s most suitable financing option. With DFW Investor Lending, you can rest assured that our Dallas hard money lending team works closely with you to find a loan that fits your needs and works for the long-term success of your investment. Contact us today to learn more about our hard money loans for multi-family properties. We look forward to working with you!