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Updated over 6 years ago on . Most recent reply

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Stephen Green
  • Rental Property Investor
  • Sydney, Australia
0
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5
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What is the best overall suburb in Dallas to invest in?

Stephen Green
  • Rental Property Investor
  • Sydney, Australia
Posted

Dear All,

I am looking at buying a property in Dallas TX. 

What is your opinion on which suburb would be the best one to invest in?

Criteria are:

-Long term buy and hold

-$200-260K

-Return of 6%+ ROI rent (annual rent divided by property purchase price)

-Stable capital gain

-Low crime

-Low vacancy rate

-Will consider single family home or multifamily home

-Nice to live in ? Easy to resell?

Thanks in advance!

Most Popular Reply

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45
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13
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Toby Ima
  • Rental Property Investor
  • Dallas, TX
13
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45
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Toby Ima
  • Rental Property Investor
  • Dallas, TX
Replied

Hi Stephen. I grew up in Dallas, but I currently live in the northern suburbs. In my humble opinion, I would look to the North if you want to check off as much criteria as possible. Cities like McKinney, Frisco, Little Elm, Allen, etc fit within your expectations and are highly desirable. I know everyone says this, but it's an extremely competitive market. Let me know if I can be of assistance!

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