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Updated 7 months ago on . Most recent reply

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Sachin Sharma
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Worth to invest in Dallas in current market?

Sachin Sharma
Posted

Need an advice. I found a house in coddo mills that is around 300K and I need to pay $300 every month from my pocket after renting out that house due to current high interest rates (25% down payment). Is it okay to make that investment and wait for a long term appreciation?

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Jonny Reck
  • Real Estate Agent
  • Arlington VA
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Jonny Reck
  • Real Estate Agent
  • Arlington VA
Replied

What’s your anticipated hold period? That makes a big difference. When I lived in Dallas I had a lot of friends who sought in 2009/2010 - by say 2012/13 they saw decent gains but now in 2024 they’re so glad they did. Time is your best friend with real estate. Some recent articles are saying DFW will be as large as NYC by the end of the century - is that long enough for you? lol, kidding

Keep us posted 

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