Inputs on where to start looking for rental properties

[Kiran K.]

I'm looking to pair up with my sibling and invest in a rental property in Dallas area, my sibling lives in Plano area, want to get around this area so it's easy for monitoring.

I'm not from Texas, so I do not have idea on what are the things I should know about investing in Dallas/Tx. Please provide some guidance.

PS: I do own some rentals in other states.

[Ross Kalmbach]

I see making a lot of money renting since the ‘70’s in this area (Dallas/Plano) but it is way overpriced for rentals at this time. You would probably be best looking elsewhere unless you are comfortable with little to no cash flow and with current market conditions probably little appreciation. Hell I can’t even afford to buy in this area as it doesn’t make sense.  You might be able to get some cash flow in a D area but not sure about anything better. Good luck!