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Updated about 2 years ago on . Most recent reply

User Stats

11
Posts
5
Votes
Lourdes Kirk
  • Lender
  • California
5
Votes |
11
Posts

I am looking for a good area in Texas to purchase a multifamily rental!

Lourdes Kirk
  • Lender
  • California
Posted

I would like to connect with some investors in Dallas, Austin TX.

Most Popular Reply

User Stats

137
Posts
106
Votes
Andres Murillo
  • Real Estate Agent
  • Los Angeles, CA
106
Votes |
137
Posts
Andres Murillo
  • Real Estate Agent
  • Los Angeles, CA
Replied

I've helped investors purchase throughout Texas for the past 6 years. 

Both DFW and Austin are fantastic growth markets. Not a ton of cash flow compared to other areas but great appreciation. Most of my clients who purchased in Austin or DFW have focused on SFRs because it's easier to capture that growth with an SFR. But clients looking for some semblance of cash flow have mostly purchased along the I35 corridor outside of Austin and working-class neighborhoods in the Arlington area.

McAllen and Brownsville in South Texas have had incredible deals in the past year. A lot of new construction built for workforce housing has popped up. I've helped clients buy that type of product and secure easy cash flow with a minimal initial investment.

I PM'd you. Would be happy to dive deeper into any/all of this.

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