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Updated about 7 years ago on . Most recent reply

Account Closed
  • Dallas, TX
8
Votes |
30
Posts

How long did it take you to find your first duplex?

Account Closed
  • Dallas, TX
Posted

I'm starting to look for duplexes with a realtor. We've been looking for about 4 weeks now. So far I've looked at 6 properties most of them were in bad condition or in bad neighborhoods. Out of 6 properties I looked at we made 1 offer which didn't get accepted. The market looks pretty dead right now. There aren't any duplexes available. I'm in the Dallas Fort Worth Area. Is this typically how the process is?  

I read somewhere that the best deal never get posted, it's mostly insider investing. Is that true? 

Any advice would be appreciated. Thank you 

Most Popular Reply

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Ola Dantis
  • Multifamily Syndicator
  • Houston, TX
2,231
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1,916
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Ola Dantis
  • Multifamily Syndicator
  • Houston, TX
Replied

@Account Closed Hey Meron, have you considered looking on the outskirts of Dallas at possible up and coming areas?

Oh also, the market might seem dead (based on active MLS listings); however, the real estate business is a people business, so you might want to pivot and start networking at local meetups and you may find something there. Just a different perspective.

Hope this helps. Goodluck. Thanks! - Ola 

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