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Updated about 3 years ago,

User Stats

79
Posts
14
Votes
Lallu Tappu
  • Rental Property Investor
  • Plano, TX
14
Votes |
79
Posts

Areas near Plano/Frisco that still cash flow?

Lallu Tappu
  • Rental Property Investor
  • Plano, TX
Posted

Hi All, up until early this year, I was able to find properties that would cash flow even in Plano/Frisco with minimal oversight. Being a passive investor self-managing all my properties, it is important to get them close to Plano/Frisco and relatively newer. This has not been an issue in the past but seems like anything that matches my criteria since late January gets multiple offers way over asking within the first day. Has anyone had any luck in the area? My realtor has almost quit responding to me since he has so many more people willing to throw money at these properties that will never cash flow and are a pure appreciation play. I have seen complete clunkers going for $40k over asking, which was already higher than what they are worth.  

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