Think-Realty-Investor-Review-January-2020

Think-Realty-Investor-Review-January-2020

INVEST R R E V I E W A Think Real ty Publ icat ion SPONSORED CONTENT

Hot Market: Dallas Rob Barney

MICHAEL L. HOFFMAN Longhorn III Investments, LLC

PAUL JACKSON Residential Capital Partners

Keeping promises and building partnerships with DHLC Investments

LEE ROGERS Real Protect

MARCO SANTARELLI Norada Real Estate Investments

thinkrealty . com | 1

DHLC Investments R ob Barney, President of DHLC Investments, Inc. and owner

of DHLC Mortgage, LLC, has been involved with real estate and real estate financing since 1998 when he bought his first investment property. Since then Barney has become a Realtor, rehabber, land- lord, speaker, mentor and a direct hard money lender. When asked about DHLC’s focus, Barney stated, “Our focus is two- fold. 1.) Helping our 1st Deed of Trust Mortgage Investors build a low-risk passive income by earn- ing an 8-10% ROI with non-owner occupied fix-n-flip loans; and, 2.) Helping real estate investors (bor- rowers) fund and profitably rehab their fix-n-flip projects.” Barney does not view the busi- ness as transaction based, but rather a partnership between DHLC and its borrowers. “We really like to work with our borrowers to make sure they are making the right decisions for the right reasons. I personally guarantee every loan to my investors. So if a loan goes bad, I am the one that has to take it over and solve the problem,” says Bar- ney. “If the property doesn’t sell at foreclosure, then I may have rehab the property myself and sell it.” Barney has made every effort to instill these values in his team at DHLC. “I have a dedicated and reliable team that helps me look at every property as if it could be our own,” says Barney, who adds that this business approach has brought DHLC many new and long-time investors and borrowers. “They simply trust that we will do what we promise to do, it’s that simple,” says Barney. Whether flipping homes or

to expand this project to areas outside of the Dallas market in the very near future. Barney is also a frequent guest lecturer at Collin County Commu- nity College and Champions School of Real Estate. Rob is also a pub- lished author of several real estate investing articles in various print periodicals and online publications. For more information on Rob Barney and DHLC Investments, Inc., please visit: www.dhlc.com or contact us at [email protected]. We may also be reached directly at 214-501-5151. •

lending money, both have the opportunity to change lives. Barney says it’s gratifying to give borrow- ers access to funds and investors a profitable opportunity that gives them the ability to reach their goals and dreams. Barney spends his personal time working on the 501(c)3 he founded in 2016 to provide no-cost contractor services to individuals and families in times of crisis with housing needs. “Giving back in this business is essential and starting a charity has been a long-term vision of mine,” states Barney. He hopes

INVESTOR REVIEW :: 3

Dallas Real Estate Market 2020: Home Prices, Trends, and Investment Opportunities

by Marco Santarelli

R eal estate can be a worthy investment opportunity, if you know the right market. In this arti- cle, our focus will be on the Dallas, Texas, real estate market trends and investment opportunities in 2020. Despite some fluctuations in the market, demand and sales have continued to climb at a feverish pace for more than two years and show no signs of stopping. The Dallas real estate market offers some great profit-generating opportunities to all types of real estate investors. Whether you’re buying your first income proper- ty or just adding another one to your portfolio, the Dallas housing market is a great place to do so as it doesn’t get any more “location” than this. Dallas has a strong economy

and a constant population growth, but is Dallas going to be one of the hottest real estate markets for investors in 2020?

• Three-year appreciation fore- cast of 11.4 percent

DALLAS REAL ESTATE MARKET FORECAST 2020 The Dallas housing market is shap- ing up to continue the trend of the last few years as one of the strongest markets in the United States. According to Zillow.com, the median home value in Dallas is $213,400. Dallas home values have risen by 8.1 percent over the past year and the market forecast is that the prices will continue to rise by 4.5 percent within the next year. This Dallas real estate price appreciation graph by Zillow shows the current home price appreci- ation forecast of 4.5 percent until September 2020.

TOP REASONS TO INVEST IN DALLAS REAL ESTATE

• Population Expected to DOU- BLE in Next 15 Years

• Dallas is one of the leaders in the U.S. for employment and population growth

• 52.9 percent of Dallas rents vs. 33 percent nationally

• Newly remodeled REOs (2004 or newer)

4

SEP 2020

Dallas $233k

CURRENT FORECAST

$185k

$135k

$85k

2015

2016

2017

2018

2019

2020

SOURCE: ZILLOW.COM

The median list price per square foot in Dallas is $206, while the me- dian rent price in Dallas is $1,750.

single-family rent price changes nationally and among 20 metropol- itan areas, it shows a national rent increase of three percent in April 2019, as compared to 2.8 percent in April 2018. With a population of more than seven million in the Dallas-Fort Worth area, and a tremendous amount of real estate development to support this growth over the past 65 years, Dallas is among those U.S. cities where renting is more reasonable than buying. One of the many reasons Dallas has been growing over the years is because young people have moved there and continue to do so, and most prefer starting out with renting before buying their own home. The demand for rental units has in- creased 14 percent over the last year,

so it’s a viable investment market. As per the real estate company called Neigborhoodscout.com, the median house price in Dallas, TX is $186,760, which indicates that home prices in Dallas are around the national average for all cities and towns in the United States. Large apartment complexes are the single most common housing type in Dallas, accounting for 45.26 percent of the city’s housing units. One- or two-bedroom apartments are the most common housing units in Dallas. Other types of housing that are prevalent in Dallas include sin- gle-family detached, duplexes, homes converted to apartments and a few row houses. Dallas has a mixture of owner-occupied and renter-occupied housing.

DALLAS SINGLE & MULTI- FAMILY HOMES STATISTICS Following the real estate market decline in 2007, single-family rental homes became favorable options for investors, saving in construction or refurbishment prices. The quick turnaround for an owner to rent their property means cashflow is almost immediate. Single-family rental properties have grown up to 30 per- cent within the last three years. U.S. single-family rental market has seen steady rent increases between 2010 and 2019. According to CoreLogic’s latest Single-Family Rent Index (SFRI), which analyzes

INVESTOR REVIEW :: 5

In 2018, the total number of homeowner households hit an all-time high of 76.2 million. 36.6 percent of households rent their homes and 64.4 percent buy their homes (2018 U.S. Census Bureau). As of this writing, there are 3,143 single family homes for sale in Dallas, TX on Zillow. Additionally, there are 691 single-family homes for rent in Dallas, TX. Under potential listings, there are about 62 foreclosed and 147 pre-foreclosure homes. These are the properties that may be coming to the market soon but are not yet found on a multiple listing service (MLS).

DALLAS FORECLOSURES AND BANK-OWNED HOMES As per the Dallas foreclosure >Page 1 Page 2 Page 3 Page 4 Page 5 Page 6 Page 7 Page 8 Page 9 Page 10 Page 11 Page 12 Page 13 Page 14 Page 15 Page 16

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