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Updated almost 5 years ago on . Most recent reply
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Rental Property: Criteria
Good morning BP,
So I will be purchasing my first rental property out here in the Dallas Fort Worth Area.
That being said, I know having an ideal criteria on what type of rental property you are looking to get is fundamental.
For example, a criteria will probably include a certain price range, what type of neighborhood and how much cash flow etc.
I am currently trying to create my search criteria.
What do you guys think I should include in the criteria?
So far I have:
1: purchase price
2: Class type of neighborhood
3: Class type of property
4: The amount of cash flow per unit
5: job growth
6: population growth
7: low crime
Is there anything I should add to my list?