Read an interesting article today about how investors are buying almost 33% of the houses and for cash. How large corporations are buying hundreds at a time, and because of this are actually helping home prices go up in price.
They say that renting is at an all time high and that it seems to be the future. More and more people can't afford a house and everyone has to have a place to live, so rentals are the way to go.
I bought a rental with a partner recently and paid cash and had it rented 3 days later. Then we bought one that needed repairs. We are about ready to rent it too. Hoping it rents as easily as the first one did. Wish I had the cash to buy more.
If you need a rental in the Amarillo area, give me a call. I'd love to help you find one.
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