Torn between 3 cities to start investing - 'Two Driven Women' - PART TWO!

[Denise MacDonald]

Hi BB Forum,

You may have read our first forum post a while ago about getting started and more entrenched in the industry on a full time basis in the following capacities: 

- Wholesale (Stage 1)

- Fix/Flip (Stage 2)

- BRRRR (Stage 2)

- Buy/Hold (Stage 3)

We are out of country investors looking at the best market to have longevity in and it's coming down to Pheonix, Houston or Dallas. We want to delve deep into one city first before moving to another.  Would really like any insights you all may have on the potential (if you have worked in them) in these markets and if you feel there is opportunity in all 4 stages of our strategy in that city.  If so, what neighborhoods in those cities do you think have most potential?  We are looking for now at B/C class neighborhoods where there are investors flipping and there is some room for growth.  

Also, if you are a potential buyer, it would be very interesting to hear from you on neighborhood potentials in your city.  We are leaning more towards Houston than Dallas, but still interested in learning any insights around the difference and opinions in those two cities in TX.  

We are working with a coach and have great tools for moving forward and really excited to get cranking. Just wanted to get a pulse from this amazing community on market potenital in these cities and specific neighborhoods, etc.

As a side note, if you work in these cities as a cash buyer, investor, title company, realtor, property manager and are investor friendly, feel free to reach out! 

All the best to you all and your journeys.

Denise & Joanna

[Travis Timmons]

Those are all fine if you know what you are doing. Phoenix, Houston, and Dallas are massive, sprawling land masses of cities/metro areas. There's probably 100 submarkets within each of those. 

The premise of the question shows how inexperienced you are...that's why you are not getting a lot of responses. We've all been there; it's okay, but you ask about housing markets like it is picking stocks. It is much more hands on and dependent upon some sort of subject matter expertise.