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Updated almost 5 years ago on . Most recent reply

User Stats

253
Posts
46
Votes
Daniel Mendez
  • Investor
  • Dallas, TX
46
Votes |
253
Posts

Rental Property: Criteria

Daniel Mendez
  • Investor
  • Dallas, TX
Posted

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?

  • Daniel Mendez
  • Loading replies...