1. Dallas’ winning business climate, combined with Texas’ low taxes, draws innovative companies from other states. Innovative companies strengthen economic diversity and bring more people who need a place to live. Consider these stats from a Norada article: 
   • Population Expected to Double in Next 15 Years 
   • Dallas is one of the leaders in the U.S. for employment and population growth. 
   • 52.9% of Dallas rents vs. 33% nationally. 
   • Newly remodeled REOs (2004 or newer). 
   • Properties 5% – 15% below market value. 
   • A 3-year appreciation forecast of 11.4%. 
2.  Both the state of Texas and the city of Dallas are committed to a business-friendly economic culture, which ensures a continued positive environment for investors. 
3.  Dallas-Fort Worth International Airport’s 210 nonstop destinations include 56 foreign cities, making Dallas a popular choice among professionals with global business connections who want a home base to come back to –a place they can rent rather than buy. 
4.  Dallas is in the top five cities for job growth. Again, job opportunities mean people are looking for a place to rent –from multi-plex to single–family homes.  
5.  And what does this increased population and housing demand create? A steady climb in the value of your investment property. 
6.  According to SmartAsset, the price-to-rent ratio in Dallas is around 16.01. This ratio indicates that Dallas is favorable to renters. (Dallas typically has one of the lowest homeownership rates among U.S. cites – nearly 60% of housing units are renter–occupied). The bottom line is a steady occupancy for investors.  
7.  According to the Dallas Business Journal, the population of Texas increased more than any other state in 2020. Dallas has become the 3rd largest city in Texas and the 4th largest metropolitan area in the country. That’s a whole lot of people needing a place to rent.   
8.  More than 85% of Dallas residents are high school graduates or higher, with more than a 3rd of them sporting a bachelor’s degree or higher. More than 40% are 20-49 years old. That all adds up to professionals who currently need single–family homes to rent or will in the future. The quality-of-life factor plays a keen role in reducing tenant turnover. Take a look at these stats from roofstock: 
   • The cost of living in Dallas is about 50% less than urban coastal cities like San Francisco and New York, according to NerdWallet’s cost of living calculator. 
   • Forbes ranks Dallas as the 2nd best place for business and careers in the U.S. 
   • Dallas is among the best 25 places to live and retire in the country, based on the most recent research by U.S. News & World Report. 
   • Niche.com awards Dallas an overall grade of “A” with strong rankings for family living, public schools, diversity, housing, and nightlife. 
   • Dallas is also ranked as one of the top places for young professionals in America by Niche.  
   • U.S. News adds that both singles and families are flooding the area, with young professionals living in the city while young families opt for the surrounding suburbs. 
   • The culture scene in Dallas includes the Downtown Art District, Dallas Symphony Orchestra, and the State Fair of Texas, which started back in 1886. 
   • Pro sports teams in Dallas include the Texas Rangers, Dallas Mavericks, NHL Dallas Stars, and the Dallas Cowboys. 
9. Finally, Dallas has its “low” side, too –as in low crime rates and low cost of living, making it a great place for families. Couple this with a low number of people retiring, and the ROI on rentals looks quite promising.   

About Rentals America 

Rentals America provides full-service property management for residential rental properties. Our team is completely dedicated to property management and we’re here to help landlords navigate the rental market.