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Updated over 2 years ago on . Most recent reply

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Danny Yeap
  • Investor
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Bay Area to Dallas Investing

Danny Yeap
  • Investor
Posted

Hi Everyone, 

It's my first time posting on BP.  I'm considering investing in Dallas, TX. Does anyone know any websites or other methods to find good deals on property? I've mostly been using Zillow and looking at the data that way. I've also heard people buy property for less than 50K, which is really awesome! Looking to connect with property managers with real estate investing experience in Dallas as well!

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Bruce Lynn#2 Real Estate Agent Contributor
  • Real Estate Broker
  • Coppell, TX
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Bruce Lynn#2 Real Estate Agent Contributor
  • Real Estate Broker
  • Coppell, TX
Replied

@Danny Yeap  Try realtor.com...but honestly there are likely not any $50,000 properties you want.   There could be an occasional lot at $50,000, but you have to be very careful with those.  You want utilities, no flood zone, buildable, etc.   So many of the lots we see in that price range have issues.

Many of my searches include areas outside of the main DFW metroplex and it is still pretty rare 1-2-3 hours away that I see anything except for maybe an old mobile home or 100year old house that needs everything redone in the $50-$75,000 price range.

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