LTR Dallas-Fort worth area

[Brandon Craig]

Hi All,

Due to the new Airbnb regulations likely putting them hammer in Dallas, I’m backing out of a deal that I was closing on in a week and swapping to LTR. (Follow up to a post the other day about my air bnb deal being in the hood)

 Where would the best place for LTR to deploy 50k (by myself) or 100k (partner)?

SFH seem to have very little cash flow, small multi-family are scarce in DFW, and commercial RE has such a high barrier for entry on the down payment side.

Need advice and where to move forward.. do we go far outside DFW? Like Sherman or something? 

Thanks in advance. 

[Alicia Marks]

I invest in Johnson County just south of DFW. There's some serious rehab properties you can pick up around $90-110k, but need $70k in rehab. Otherwise you can get rentable properties in the $180k and up pricepoints. I don't know where you'd find 1% rule houses if that's what you're hoping for.