Newbie looking for rental prop suggestions

[Atta Bari]

I'm new to real state investment and looking into the rental prop. Information in forums and webinars is very informative but also overwhelming. I'm not exactly sure to where start from. i.e turnkey vs finding & buying prop using conventional ways?

I'm in Dallas, TX and preferably would like to start locally but also open to other locations.

For me, cash flow and appreciation matters. I'd also like to know if there are any particular zip code within DFW area which are good for rentals and comparatively have less vacancy rate.

Looking forward to hearing suggestions and thoughts which will definitely make a huge difference in my journey of real state.

Thanks in advance,

Bari

[Idan Zur]

How do you feel about investing in killeen?

I own 139 apts in killeen and as a realtor i know the market very well

Killeen has low vacancy and good tenants mix

You can buy a fourplex for late 90s - early 2000s for 200k more or less

Max rent will be 650 for a 2br

And 699-750 for a 3br

There is a VERY HIGH appreciation momentum over there you can use to your benefit !

Killeen grew from about 80000 people in 2000 to 180,000 today !

This which will likely cause a SIGNIFICANT rent raise and apprichation .

Killeen’s 15 miles radius is 400,000 people and its 50 mins from Austin vicinity (the amount of tenants in south killeen that work in austin vicinity is very big) austin vicinity is about 1.3m people !

Austin’s growth helps Killeen’s growth a lot !

Killeen is also very attractive to other people because of the lower rent