A new program from Texas Investor Homes guarantees two year’s rental income on brand new homes in Texas. This allows real estate investors to now have their rental income guaranteed for two years regardless of occupancy. In addition to that, prices start at $97,500 for a 3-bedroom, 2.5-bath fully equipped brand new home that includes property management as well as tenants.
Ron Black of Texas Investor Homes has developed a solution to the management problem of what he calls “tenants and toilets”. Black works with a lot of new home builders in key markets in Texas in order to provide an all new turn-key, two-year program for real estate investors that are interested in buying turn-key Texas real estate rental properties.
According to Black, “We have solved the long distance investor problems of buying and managing rental real estate outside of your home market. Our program includes everything: Fully equipped brand new homes at an affordable price, tenant placement, lending resources and property management. Plus, we go one step further and have the builder actually guarantee the rental income for a full two years. You no longer need to manage a rental property in your back yard to achieve high yields and great returns. This program has opened up strong rental markets in Texas to real estate investors across the nation.”
Texas Investor Homes is associated with new home builders in some of the key housing markets around Texas that are known for stability, job growth and strong cash flow. Black says that his program is the greatest gift to real estate investors since the low down payment loans of previous years. According to Black, “You cannot do this in many other states. The cost of land and skilled labor are too high. Our goal is to work with builders who can deliver a product in the low $100’s, fully rent-ready. New construction uniquely attracts higher quality tenants who will pay higher rent. It’s pretty simple when you think about it. You can achieve higher rents and less maintenance with less tenant turnover on brand new homes. What more could an investor want?”
Source: Market Watch – Guaranteed Rent Program Launched by Texas Investor Homes