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Updated almost 4 years ago,
Looking to invest in a HOT Dallas Fort-worth market
Hi,
I am looking to start in RE investment, and I have been looking for properties for a few months now, it almost seems like the price is off the charts in the DFW market.
Options for SFH are limited and duplex or condos are just too $$$$
I am a mom and looking to start so this could go towards the college fund for my kids, ideally I would like to have 4 properties by mid 2022
Here is my dilemma -
- Option 1 - get a 1400 sqft duplex/condo for $200k and rent it - location may not be the best and condo is old.
- Option 2 - get a 1400 sqft townhome in a newer suburb (way far out) with an awesome community with amenities and pay twice as much.
Anyone in the DFW market who could help guide me!
Also I am looking to have 1 property as a long term rental and another for STR
Thank you in advance!
Alishaa