Should I look outside of Dallas area for investment?

[Pj Arora]

I live in Dallas and new to RE invetsing. With the uptick in price evrything has become pricey here and there are hardly any deals I am seeing which make 1% rule for rental property. Although Dallas is one the great places for RE investment but I don't know if it is making sense for me to invest here. I am thinking for investing outsie of Texas. What do you suggest?

Thanks,

PJ

[Bruce Lynn]

1% is tough in DFW area and maybe most low risk areas of the country.  Remember returns are a measure of risk...more risk, higher return.

I always tell my investors to draw a big circle around DFW and invest on the outside of the circle.  That would include many of the cities listed above by @Joseph Frunzi although I would also look even further out than those cities.  Anywhere from Waxahachie in the South to Denison in the North.  Weatherford in the West to Forney in the East.

Best wishes and good luck.