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Updated almost 2 years ago on . Most recent reply

User Stats

10
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8
Votes
Alec Strahl
  • Rental Property Investor
  • Dallas, TX
8
Votes |
10
Posts

How do I locate the best places to invest near me?

Alec Strahl
  • Rental Property Investor
  • Dallas, TX
Posted

I want to keep this simple because I’ve seen a lot of people talk a lot about this topic but haven’t heard anyone break it down simply. I am attempting to find out what the best areas are around me to start looking for rental properties, while also figuring out which ones to exclude. I currently live in the Dallas area and have done my preliminary research to identify it as an area with strong long term growth potential, growing population etc. I am now trying to narrow down the best neighborhoods/ zip codes I should be starting my search in. What financial metrics are you guys using for this? Are there any tools you have used to simplify this process? I want to know what key areas to focus on so I can then go through my due diligence process on each individual property without wasting my time looking in the wrong areas that are not good opportunities. Thank you!

Most Popular Reply

User Stats

9,861
Posts
5,552
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Eliott Elias
  • Investor
  • Austin, TX
5,552
Votes |
9,861
Posts
Eliott Elias
  • Investor
  • Austin, TX
Replied

Look at the major highway and see what secondary and tertiary markets are connected with your major city.

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