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Updated almost 8 years ago,
Need help for selecting area in DFW
I am looking for cash flow property prefer multi unit for long term holding in C+ area. I live in L.A. and because of the property price is so high and the rental return is so low here. I decided to take a look in DFW area, mainly focus in cities around Arlington for my 4 days trip last week. Reason I selected Arlington is I think this city provides better price/rent ratio then other and high population there. I lived in the hotel at around The Parks Hall, I felt this city is so busy from the north to the south. That makes me to have greater confident to invest in this city. After 4 days non stop driving,
I found South of Arlington is my choice, South West is my favor because of the better school district. Kenndale city has lots of new homes, new development there, plus ok schools there. For Mensfield, I heard local people said the school district is good there and advise me to invest there as it should have more staple family renting there.
Those are the areas of my choice and with very low vacancy rate everywhere. And I am sure local people with lots of experience like you can pull me up from a hole of decision making. Thanks in advance.
BTW, I didn't see many multi units there, all I found the best is duplex there. Even I was in the downtown area of Arlington, I could found none.