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Updated about 8 years ago, 09/27/2016
New to DFW market
I like the far westside of Fort Worth, White Settlement and Benbrook. The best deals are usually in White Settlement or far west Fort Worth.
@Damon Duperre what class areas are the one you mention ? What are solid B areas in D-FW ?
I am talking about single family houses currently worth about $80,000 to $125,000. I would consider that the middle part of the low income housing class. Is that what you mean by "B" class?
Generally speaking, we can divide each market on A, B, C and D class
A class - The best area in town, new construction, low crime, best school distracts, usually most expensive housed in town where Business owners, C-level executives or just purely reach people own. Generally you can not have a cash flow there, but a good appreciation (eventually)
B class - high and upper-middle class people - mix between high workings class people (blue collar) and white collar. Generally a bit old house, mix between SFR and MFR, Schools are still great (not the best), crime is low to mid.
C class - low to upper-middle class - purely blue collar working class people, a lof MFR, less SFR, crime is medium, school districts are not that great, mix between commercial and residential areas. Generally this property have a great cash flow, but no or low appreciation.
D class - the worse part of town. gangs, drugs, neighborhoods that you do not want to be after sunset...
So for D-FW - what would you consider for B area ?
Mostly outside the city limits in the suburbs like Benbrook but also far west Fort Worth in the Westpoint area.
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I'm not sure if this would be useful, but.. I also look at hot maps on zillow / trulia
@Shital Thakkar I know this is a late response but I am buying and selling in the Burleson and Crowley area and it is a great place to pick up really good cash flowing properties. Feel free to reach out to me and I can share some knowledge about these areas as well.
What kind of cash flow are you seeing in those areas, and are they B or C areas?