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Updated about 4 years ago,
Looking to buy a rental property in Denton, TX
Hi all!
I am looking to buy a rental property in Denton, TX around this summer probably. I didn't do a ton of a research, but I heard from several different agents from Texas, and people that Denton would be a good place to invest in when looking to buy a rental property. I've been looking at properties for sale on zillow for some time now, and my goal is to buy something under $200,000 (hopefully near $150,000) and receive $1,500 rent from it. I don't want to flip anything as I am going to be an outer state investor. I want a ready to rent property, but it does not have to be all that fancy.
I just wanted to really ask one question though... Is Denton, TX a good place to buy a rental property in?
Thank you all so much in advance!