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Updated almost 7 years ago on . Most recent reply

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Nafisa Bringe
  • Dallas, TX
2
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4
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Rental Property in High Crime Area Fully Renovated

Nafisa Bringe
  • Dallas, TX
Posted

Hello, just signed a contract on my first rental property and a little concerned. I purchased a home just east of fair park in a not so great neighborhood for crime purposes.  The street and close streets don't look bad and the houses surrounding are not to run down, but should I be worried about crime? Would love to hear from anybody that has negative or positive experiences. I got a little swept away in getting sick of the bidding wars and just wanted a property and now worried I made a mistake.

 The house itself is adorable, great curb appeal and EVERYTHING is brand new (roof, plumbing, HVAC, electrical, appliances) so seems would be low repair cost, but any other things I should be thinking about? I think I should for sure get over 1% rents but realize it may be hard to attract good tenants.  Any thoughts at all would be appreciated!!

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User Stats

4
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2
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Nafisa Bringe
  • Dallas, TX
2
Votes |
4
Posts
Nafisa Bringe
  • Dallas, TX
Replied

Thanks that does make me feel better, and I would even say it's "mid crime" (orange on Trulia map), but yeah I was thinking about adding floodlights and there is already a cage. Thanks for the tips and confident boost!

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