family

This three-bedroom, two-bath home on Hoya Drive in Midland is the perfect rental for a family looking for something more than an apartment.

It’s not always easy to find a family-friendly home with plenty of room, and it can be even more difficult to find one with better-than-average finishes, too.

This week’s rental home is located at 2506 Hoya Dr. Adjacent to the neighborhoods of Fairmont Park, Hillcrest Park, and Hill Crest Acres,  this home is close to great schools, shopping, and easy commutes. (more…)

Midland

The rent for this Midland home is a steal – especially when you consider its size.

Can you get lots of space and apartment-like rent in the same abode? We think we’ve found both with our Midland for Rent option today.

This three-bedroom, two-bath, 2,382 square foot house in Midland sits about two miles north of Downtown and five blocks from Hogan Park, at the corner of Lamesa Road and E. Pine Ave.

With current median rents in Midland standing around $990 for a one-bedroom apartment and $1,240 for a two-bedroom, and with those rental rates continuing to rise (they’re up 1.6 percent over last month, and are up by almost 13 percent compared to this time last year), the fact that a house this size is renting for $1,800 is a pretty good deal. (more…)

rental 304 lasseter

This three-bedroom, two-bath rental home in Odessa has beautiful finishes and a huge backyard.

If you and your family need a rental but are over apartment living, this week’s Odessa home is a perfect option.

This three-bedroom, two-bath home at 304 Lasseter Ave. is 1,400 square feet of family-ready living, near local schools and friendly neighbors, rental company Marketplace Homes says. (more…)

Airbnb start

Last week, I was honored to attend the Tutu Chic Fashion Show and Luncheon for the Texas Ballet Theater, which was beyond awesome. During lunch, a friend asked me if I knew about a home in her University Park neighborhood that was being leased out for short terms, like a week or two at a time. Oh, I said, like with Airbnb? She had no idea what Airbnb is. I informed. Not sure if the UP homeowner was working with Airbnb or another on-line online community marketplace, as they are called, but the home clearly has a lot of short term renters coming and going.

Airbnd connects people looking to rent their homes with people who are looking for accommodations. Airbnb users include hosts and travelers: hosts list and rent out their unused spaces, sometimes a room in their home, a back guest house, or even the whole house. Travelers search for and book accommodations in 192 countries worldwide. It’s staying in a private home like a hotel or bed and breakfast, which is actually how the company first started — serving breakfast with the room. Recall this was done ALL OVER DALLAS during Superbowl XLV — the M Mansion in The North Dallas Forty reportedly rented for $280,000 for five days.

Airbnd started in San Francisco thanks to the real estate market. Literally, two guys who could not pay their rent, came up with the idea of letting people pay to sleep in their apartment on air mattresses. It worked. They not only paid their rent but started a $10 billion dollar company. (more…)

"The Worst Room" is a hilarious and depressing Tumblr blog focusing on the sad state of rentals in New York and beyond. This listing, via Dallas Craigslist, is especially sad.

“The Worst Room” is a hilarious and depressing Tumblr blog focusing on the sad state of rentals in New York and beyond. This listing, via Dallas Craigslist, is especially sad.

I stumbled across this sad, sad Tumblr blog not too long ago and completely forgot about it. It’s the blog of a New Yorker who was going through the depressing task of finding a suitable rental in the city that wasn’t a dungeon, a closet, or a tent in the backyard of a derelict Brooklyn Brownstone (they’ve seen it all!). It’s somewhat in the vein of Terrible Real Estate Agent Photos, which we love.

And then someone sent me a Facebook message pointing me to a post about a Dallas room for rent, offered by a “single Hispanic man” who prefers a female. While this is a one-bedroom apartment, don’t worry, you won’t be sharing rooms. He’s offering up his unfurnished living room because, hey, he’s not using it right now. If you have $300, this empty living room has some things going for it, including a window and access to the outdoors.

Sounds perfect and not sketchy at all!

Mark Kreditor and Candy

Mark Kreditor and Candy

If you want to find out more about the investment market and the potential for rental, head over to tonight’s monthly meeting of the North Texas Association of Real Estate Investors as they host Preston Hollow resident Mark Kreditor of Get There First Realty.

Kreditor, who is both a fantastic musician and incredibly clever real estate investor, will do a presentation on the North Texas rental market entitled “Is This The Best … Or Worst Investor Market We Have Seen in D/FW?” Kreditor will dissect new laws and regulations that have had a major impact on the market, including property code and telling new statistics.

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Chart: Zillow

Chart: Zillow

Lots of people wonder if, considering their location and income, if it’s not more financially sound to buy or rent a home in their area. In some cities, renting is the obvious choice (hello, New York!). But what about Dallas?

Zillow combed some facts and figures and came up with data that shows where it makes more financial sense to rent based on what they call the “break even horizon.

(more…)

Hottest Rental Markets in the US CROP

High rates of student loan debt, increasing interest rates, and a still slow job market in most of America will send rental rates among Millennials sky high, resulting in 46.8 million American renters in 2015. That’s according to Real Property Management, who sent us this interesting infographic on the tastes and mindset of Millennial renters. (more…)