Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 6 years ago, 02/07/2019

User Stats

60
Posts
10
Votes
Atta Bari
10
Votes |
60
Posts

recession proof rentals in DFW

Atta Bari
Posted

Still a newbie and try to cheery pick first rental. On this journey for almost 6 months, been through few properties and made an offer on one which didn't work out. Meanwhile, trying to learn and network as much as I can and learn from other experiences and overcoming loopholes.

Just a background, currently working in tech and have a family of 3 including wife and kids. For now, it's just me working and been through layoffs in the past (which are pretty normal in tech these days) which pushed me to find something stable source of income and later exit from the day job.

Since the economy is getting slower and the expecting a downturn by the end of this year or maybe next. Now my question to the veteran investors is what strategies(targeting area/zip code) should someone follow to get less hit while recessions. Considering ppl out of job, how to expect rental property generating cash flow or even paying off its own expenses. 

would like to know how pros minimize their risk and key aspects to consider while buying rentals/multifamily, which can still be on the market and at least taking care of its own in the bad economy. 

Forgot to mention that I'm in DFW area and will appreciate if someone can share their analysis/thoughts on the pockets which are less prone to recession.

Thanks in advance.

Loading replies...