Doug Bailey Real Estate
Doug Bailey Real Estate is a family-run real estate agency specializing in residential property management in Dallas, Texas, and its suburbs.
We have been in business at the same location for 25 years and can perform just about any service an owner needs for a single-family house, condominium, duplex or other small rental property.
Typically we lease property on behalf of landlords, collect rent and oversee make-ready and repair. Our charge is 10 percent of rent. We do not charge owners to find tenants as do most people in our business in the Dallas market.
We also list and sell property, consult for a fee, represent landlords in JP court, and perform services for which a broker's license is required. We participate in the North Texas Real Estate Information Network, usually called the MLS.
We manage about 275 residential units but the number available for rent at any given time is usually small. Here is what we have now. If you are interested in one of those properties, drive by and then give us a call. If you want to get inside, we qualify first. You can use this application on our website , we can fax you one, or you can come by our office. There is no fee at this time.
If you bought your house in the past few years and paid a market price with 10 percent or less down, you probably cannot cash flow. You likely will be making up the difference between the monthly payment and the rent even before repairs and vacancies.
Residential real estate can be a good investment but it is not for everyone. Returns are long term, especially cash flow, and by long term we think five years is just getting started. We don't know anyone who got rich off rent houses but here are links to web sites of some who say you can. We have made mistakes -- starting with purchases made at the very top of the boom in the 1980's -- but we held on through tough times and now we are cash flowing and expect some financial help in retirement. We think the same thing can happen to just about anyone. You don't have to be smart or even lucky; you just have to perservere.
is a family-run real estate agency specializing in residential property management in Dallas, Texas, and its suburbs.
We have been in business at the same location for 25 years and can perform just about any service an owner needs for a single-family house, condominium, duplex or other small rental property.
Typically we lease property on behalf of landlords, collect rent and oversee make-ready and repair. Our charge is 10 percent of rent. We do not charge owners to find tenants as do most people in our business in the Dallas market.
We also list and sell property, consult for a fee, represent landlords in JP court, and perform services for which a broker's license is required. We participate in the North Texas Real Estate Information Network, usually called the MLS.
We manage about 275 residential units but the number available for rent at any given time is usually small. Here is what we have now. If you are interested in one of those properties, drive by and then give us a call. If you want to get inside, we qualify first. You can use this application on our website , we can fax you one, or you can come by our office. There is no fee at this time.
If you bought your house in the past few years and paid a market price with 10 percent or less down, you probably cannot cash flow. You likely will be making up the difference between the monthly payment and the rent even before repairs and vacancies.
Residential real estate can be a good investment but it is not for everyone. Returns are long term, especially cash flow, and by long term we think five years is just getting started. We don't know anyone who got rich off rent houses but here are links to web sites of some who say you can. We have made mistakes -- starting with purchases made at the very top of the boom in the 1980's -- but we held on through tough times and now we are cash flowing and expect some financial help in retirement. We think the same thing can happen to just about anyone. You don't have to be smart or even lucky; you just have to perservere.
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