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Updated almost 9 years ago on . Most recent reply
Dallas Fort Worth Investors
I'm looking to connect with those looking to invest in the Dallas Fort Worth Metroplex. I work with a large wholesale brokerage that sells 30-40 investment properties per month.
What are your thoughts about the DFW market place?
Who has worked with wholesale in the past and what are your thoughts?
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#5 Coronavirus Conversation Contributor
- Real Estate Broker
- North Richland Hills, TX
I'd be much more concerned about Houston, esp. the energy corridor on the west side of town. Fort Worth's largest role in energy is natural gas, esp. capitalizing on the fracking boom of recent years. Texas' economy has greatly diversified since the last oil crash, and DFW is not overly reliant on energy. We have a lot of jobs and people moving here continuously from CA and elsewhere due to Texas favorable business environment, DFW being a great airport for bus. travelers, relatively low cost of living, highly educated labor pool, etc. As long as these trends continue, I expect energy prices to have a minimal impact.
I predict that holding off a year will result in having to pay ~5-7% more for your property. I'm a REALTOR and investor in the area, let me know if I can help!