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Updated about 3 years ago,

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Max A.
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McKinney, Texas - A good area for first rental property?

Max A.
Posted

We recently moved to North Dallas area and are looking to buy our first house, which I later want to convert to a rental property. Initially, I was looking at Frisco and Plano areas but not able to find any property in my budget (~250K) that satisfies the 1% rent rule. 

From what I gather McKinney, Prosper and Allen are up and coming places. Would these areas, specifically McKinney a good area to start our first investment property? Thanks for your inputs.

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