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Updated over 6 years ago on . Most recent reply

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Sanad NA
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1
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Starting out in Dallas/Houston/San An, need guidance

Sanad NA
Posted

Considering moving from Canada to Dallas as I've lived in the Coppell/Irving/Grand Prairie area and want to jump into real estate investing. Have attended a courthouse auction and been browsing hubzu, auction.com, etc, but don't know where to start. I can only use cash and am targeting a 100k budget, no interest will be considered, so at this point I'm thinking my best bet is to buy a rehab sub 100k house, fix it up and rent it out, and keep working until I can buy the second, third, etc in cash. Thoughts?

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Joshua Enriquez
  • Real Estate Agent
  • San Antonio, TX
28
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25
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Joshua Enriquez
  • Real Estate Agent
  • San Antonio, TX
Replied

I would look into investing in the San Antonio market. As we continue to grow at such a rapid rate, our barriers of entry are still significantly lower than the Dallas market. I buy and sell multiple properties under 100K all over the city. As a newer investor I would look into targeting appreciating areas, where their is more room for error.

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