It all has to do with volume and the area.If a bunch of foreclosures are happening you will have a shift in rents in a downward trend.If major job losses or an employer is leaving you will have an out flex of people migrating to other areas especially if the business leaving employed a large percentage of the people.Texas in my view doesn't compare to many other areas.Texas recently had 5 either counties or cities ( I am brain dead today ) rank in the top 10 for fastest growing in the nation,Texas BIGGEST problem right now is a massive drought there.No rain is killing animals,crops from what I am being told.They are saying meat prices will rise higher in months to come and we haven't felt the affect too much yet.

I know that might sound like "complex tax speak" but once a real estate investing friendly accountant explains the elements, it becomes quite manageable to understand...and you quickly see the benefits of this set-up!

His name is Brandon Colberg with Element Funding. 704-999-6646 Tell him I referred you.

@Terrence RiversCongrats on wanting to join the ranks of REI.

Of course my concern is that it may be known as the empty house and start attracting a certain element, as we are right outside of town in the country.I don't want to come across as getting into their business but, as a landlord I would like to know what was going on with my property.

Please feel free to check out our website at vsmrealestate.com We are top ranked for google reviews and set our self apart from other property mgmt companies with our customer service and with the fact that we represent owners. 612-743-0274 hope to hear from you soon!

Keep in mind that a credit check is only one data point- there are many other elements that must be satisfied prior to a prospect getting the keys.

I also do repair the range whenever elements burn out and replace worn out window screens - all out of pocket.  

BTW, Kansas City is ranked 4th in the nation of highest rent increases in the last year at 8.5%.

It's always great to have an experienced investor join our ranks.