Marcus Hiles Encourages Fort Worth Renters to Focus on Lifestyle Amenities

(Newswire.net — August 3, 2016) Fort Worth, TX — Tenancy is becoming increasingly popular as more and more Americans across the country are choosing it over home ownership. While Dallas does not seem to share many similarities with Los Angeles and New York at first glance apart from ranking among the nation’s ten largest cities, according to Fort Worth real estate developer and investor Marcus Hiles, “When you dig a little deeper, it turns out that all three locales have more renters than homeowners.” As a matter of fact, about 55.9% of Dallas households are living in rental housing. Furthermore, the population of renters is expected to increase by at least 500,000 each year until 2023.

This growing number of renters is due to the fact that rental lifestyle is usually more cost-efficient than homeownership. Contrary to popular belief, housing expenditures of homeowners significantly exceed that of renters. While the cost of rent may be higher than total house payments annually, homeowners actually end up spending more money because of higher utility payments and maintenance expenditures.

To get the best value for their money, Marcus urges renters to seek out communities with hotel or resort-like amenities. “There’s no need to feel suffocated in a boxy apartment complex when you can thrive in surroundings that reflect the lifestyle you envision,” he says. He encourages renters to focus on facilities and services that suit their lifestyle and interests.

“Families with children should find developments located in superior school districts, and that provide on-property parks, playgrounds, and activity areas,” Marcus notes. He adds that animal owners could find properties that offer convenient waste stations, a private off-lease dog park, nearby pet-sitting services, groomers and veterinarians. Fitness people could also choose properties that offer state-of-the-art fitness centers, personal trainers and jogging trails, while avid golfers could rent a property that includes nearby course privileges.

Marcus’ wise advice comes from his vast experience and expertise in building and developing rental properties that focus on luxury living. “When renters choose to live in communities that align with their lifestyles, they achieve a greater work-life balance,” says Marcus. This is especially important given that a third of renters is between 30 and 44 years old and is at the prime of their careers, and another 30% are between the ages of 45 and 64.

As someone dedicated to environmentally friendly efforts, Marcus helps transform cities in Texas into clean, safe and beautiful communities suited for healthy lifestyles. He helps develop environmental parks to allow citizens to enjoy nature and other activities that will improve their physical and emotional well-being.  Marcus’ expertise and ability to create apartments that offer resort-like amenities and an enviable commute distance heavily contributes to Dallas continuing the trend toward tenancy over home ownership. To learn more about Marcus, visit https://www.crunchbase.com/person/marcus-hiles.