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Updated over 8 years ago on . Most recent reply
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Dallas 4-plex Market
Hello Dallas Investors! I'm a soon to be CPA from Chicago and I have an opportunity to move to Dallas within my firm. I was wondering what the market is like and if someone has a map of the area that would cross-off/outline the areas where one wouldn't want to invest in?
Chicago's 4 plex market is not what I'm looking for - any cash flowing properties I've seen are in more-or-less war zones.
Thanks!
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@Peter Kush In my experience you're not going to find a lot of fourplexes in desirable areas in Dallas either. If you're looking to house hack, I'd probably look at duplexes where you could live in one side and rent out the other. You'll have better luck finding good neighborhoods to live.
There are some fourplexes in Old East Dallas, but they are not going to cash flow very well. As far as areas to avoid, generally you want to stay away from anything south of I-30, except for the Bishop Arts/Oak Cliff area southwest of downtown.