Investing in Dallas/San Antonio

[Jimmy Hung]

Hi Bigger Pockets community!

I'm an out of state investor looking to build my RE portfolio in San Antonio & Dallas that I can manage remotely via a PM company. Any advice on which neighborhoods are A/B class with good cash flow and decent appreciation? Would love any recommendation on any RE agents/property managers with an investor mindset/background, as well!

[Alex Grosvenor]

North Dallas is usually where the “new money” is. Also where everybody is moving to as Dallas gets more and more crowded. East Dallas is a lot cheaper. It is another area to think about. It hasn’t been turned into A-B class neighborhoods yet but people are started to flip a lot houses over there. Still a lot of cheap properties to be flipped or turned into rentals then held for appreciation and future cash flow. Remember what is a A or B class neighborhood not might now be the same in 20-30 years. A lot changes in that amount of time.