In this episode of "We are TPM," Kyle and John Teixeira dive into the pressing topic of
pricing strategies in today's real estate market. As the landscape becomes increasingly
competitive, understanding the "Power of Pricing" is more crucial than ever for
investors and homeowners. With fewer renters and a larger inventory, securing a tenant
has become a significant challenge, making it vital to price properties correctly.
Kyle and John explore how failing to adapt to the current market conditions can lead to
extended vacancy periods, ultimately costing more than adjusting prices accordingly.
They highlight the importance of recognizing market signals and emphasize the
psychological aspects of supply and demand. Throughout the episode, the hosts
provide actionable insights and share strategies for investors to not only survive but
thrive, despite the market's volatility. As John puts it, “We have everything going
against rental rates right now," underscoring the urgency for investors to rethink their
pricing approach.
Quotes:
"If it takes you a month to get to the proper price, right, then you're losing a month of
rent that you could have had.” - Kyle Teixeira
"Even a monthly hit in long-term investing can play out, you know, play the interest rate
game and a whole bunch of different factors." - John Teixeira
"Supply and demand is the name of this game for ascertaining market value right now
more than any other time." - John Teixeira
Listen to We Are TPM on any major podcast platform including Apple Podcasts,
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Tune in today!
We Are TPM
Teixeira Property Management
Mansfield, Texas
www.WeAreTPM.com
ShowMeTheMoney@WeAreTPM.com
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There are a vast amount of ways in today's world to build wealth using real estate and
investing, not just in property, but in yourself!
Located in the Dallas-Fort Worth area of Texas, John Teixeira and Kyle Teixeira of
Teixeira Property Management bring you all of the knowledge and experience they can
provide for the confidence to achieve your investment goals, or how and why to create
them. Now, while John and Kyle have a ton to share, they will also be bringing you
interviews with some of their clients, industry partners, experienced investors, and
much more every week!
John and Kyle look forward to sharing the knowledge you need about arguably the
greatest investment vehicle that is available to the masses — Real Estate. Knowledge
is power, and John and Kyle intend to give you as much power as possible. It's not
always about the HOW, but also the WHY, and they will be digging into it right here
every week!