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Updated over 5 years ago on . Most recent reply

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Cody Brookes
  • Rental Property Investor
  • Fort Worth, TX
13
Votes |
34
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Where To Invest Fort Worth Area

Cody Brookes
  • Rental Property Investor
  • Fort Worth, TX
Posted

Hello BP, 

My name is Cody and I'm a new real estate investor located in the Fort Worth area that already has a partner to help with the contractor/construction part of a rehab, we are looking to buy our first property and either flip it or BRRRR it. I'm in the midst of trying to find a couple good realtors and property managers, and I was looking for any suggestions in the Fort Worth Area?

I also am thinking about doing out of state investing in Oklahoma City after getting a couple properties and would love to get anyone's thoughts on the market and if Oklahoma City is a good market to do the BRRRR method in.

Most Popular Reply

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Andrew Postell
#1 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • Lender
  • Fort Worth, TX
6,317
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7,926
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Andrew Postell
#1 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • Lender
  • Fort Worth, TX
Replied

@Cody Brookes thanks for posting.  Always great to meet another fellow local here on Bigger Pockets.  The Texas forum is also the most active forum of any of the state forums that Bigger Pockets has as well.  Feel free to post there if you would like.

Now, you will likely get a LOT of differing answers to "what's the right place". And those places will depend on your exit strategy. So using the BRRRR method, you should be targeting properties $200k or less...since those will rent more effectively than properties over $200k. I would certainly recommend getting plugged in to some of the local Real Estate Investment groups that we have here locally. Here's the ones I would recommend:

Real Estate Groups

Several of these will have similar names but they are different. And these are the groups that I feel comfortable recommending. Several groups in DFW will try very hard to sell you things if you attend. Some are like $20,000. These are not that.

DFW REI Club – meet about 50 times per year. Lots of different topics and a very friendly group.

DFW Mid Cities REIA - - meets each month and is completely free. Usually free food and free drinks.

DFW REI Network Investing Meetup - - Started in Bigger Pockets this group meets once per month. Just straight information and super friendly atmosphere.

AREA Real Estate Investing Grouphttps://www.meetup.com/realestate-445/ - Meets once per month and is usually well attended

  • Andrew Postell
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