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Updated over 7 years ago on . Most recent reply

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Kevin Hays
  • Dallas, TX
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Investment Opportunities Near Points of Interest?? - DFW

Kevin Hays
  • Dallas, TX
Posted

Hello All,

I am in a relatively unique situation in that I am looking to purchase a house for myself, with the intention of converting it to a rental property when I leave Texas in the probably not so distant future (<2ish years from now). For that reason, my number one concerns are finding a property/location that will continue to appreciate as well as have a steady future supply of renters.

That being said however, I do wish to enjoy the remainder of my time in DFW.. and as a single guy in his mid 20's, I don't want to be completely removed from nightlife, bars, social settings, etc. 

I work near DFW airport, and have been commuting from near Upper Greenville in Dallas. That commute sucks and I'd rather not extend it much further.. My max budget is probably around 220k but I'd like to spend quite a bit less - I'm not afraid to put in work on flooring, paint, non structural stuff. 

Does anyone have any recommendations for areas that I should consider that aren't ridiculously far from DFW airport but carry a little more entertainment value than Euless?

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

@Kevin Hays this is a great philosophy to have.  Your primary home should meet your needs first.  If it fits your needs it will meet other people's needs who have similar wants to you in the future.  Real estate is never a guarantee but DFW has been pretty consistant over the past 7 years.  I would highly recommend to work with a realtor, and @Adam Wright is a good one, to find your home.  Keep in mind when you buy a home you do not pay the realtor...the seller does.  So it's in your interest to use a realtor.  Let us know if you have any othe questions.  Thanks!

  • Andrew Postell
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