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Updated over 6 years ago on . Most recent reply
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Where should I buy property
Fort Worth is a great market for housing. I know the areas where I would be comfortable buying property but how do I narrow down my search areas from cities to neighborhoods? I've read the chamber of commerce posts and found where the city is injecting money but those areas don't attract very solid renters. How else would I find where the next neighborhood is going to go through a resurgence? I have thoughts on the matter because of what I see when I'm driving for dollars but I'm not an expert. Any ideas, thoughts, or expert opinions would be appreciated.
Most Popular Reply

Jeffrey,
Sounds like you have already done some good research! I couldn't tell from you post, but what is your strategy? Buy and hold, flip, BRRRR, etc. I think your strategy and goals will help you determine the neighborhoods you should narrow your search to. For example, in Arlington Heights where 2 bed 2 bath homes go for $350k flippers have much more success than rental owners.
Once you know your strategy, I think it becomes more of a numbers game. You mentioned you know areas where you would be comfortable buying property in. Look up comps (leverage an agent if needed) and see if the numbers make sense for you. That will probably knock off some more neighborhoods. Over 18,000 people moved to Fort Worth last year, so chances are if you can make the numbers work and the property is in an area you would live in one of those 18,000 people will too.
I am a local agent and investor in Fort Worth, so if I can help you in anyway just message me and we can connect. I'm always interested in talking to others about real estate and helping any way I can. Good luck!
-Zane Zeigler