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Demand for housing in and around Dallas, Texas continues to soar. While investors have been pouring millions of dollars into creating more affordable housing, the metro is attracting so many people that tens of thousands of homes are still needed. Supply isn\u2019t expected to catch up to demand any time soon. \xa0 An article in Bisnow says that investors have put a record amount of money into the area, but it hasn\u2019t done much to close the affordable housing gap. Executive director of the Texas Affiliation of Affordable Housing Providers, Roger Arriaga, says: \u201cThe demand is excruciatingly big. We haven\u2019t really even dented what the true need is for affordable housing.\u201d... \xa0 ...This is why we started a North Dallas Rental Fund, which is now closed to new investment, but is still in the process of buying and renovating properties. The plan is to lease the updated homes to tech professionals who are moving to the area. My fund partner is also a property manager and helps individuals build their own rental portfolio. You can find out more about that by signing up for a free RealWealth membership at newsforinvestors.com. You can also learn about the Dallas market by attending our live event on Saturday, May 4th, in\xa0 San Francisco. There\u2019s more information on that at our website at newsforinvestors.com.

That\u2019s it for this episode. And be sure to sign up in advance for the live event on May 4th in San Francisco. We\u2019ll have a total of six property teams giving presentations, plus a cocktail party afterward. Just go to newsforinvestors.com, click on Connect and then Live Events. \xa0 And please remember to subscribe to this podcast if you haven\u2019t already! \xa0 Thanks for listening! Kathy \xa0 Links: \xa0 1 - https://www.bisnow.com/dallas-ft-worth/news/affordable-housing/behind-the-eight-ball-record-levels-of-investment-have-barely-dented-the-need-for-affordable-housing-in-dallas-123668 \xa0 2 - https://www.nar.realtor/newsroom/in-the-news/austin-dallas-fort-worth-seen-as-nations-top-two-home-markets-in-2024-houston-no-6-the-dallas