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Updated over 5 years ago on . Most recent reply

User Stats

30
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24
Votes
Frank Klarich
  • Flower Mound, TX
24
Votes |
30
Posts

Is DFW still a viable investor market?

Frank Klarich
  • Flower Mound, TX
Posted

It seemed like only a few years ago that it was a bit simpler to make money in the DFW market, but recently I've been hearing a fair bit of cynicism related to buying and renting single-family homes.  Is this true or do we simply need to work harder?  I would like to finally get started investing here, but according to many the timing doesn't sound good.

What's working out there?  What areas are still desirable from an investment perspective?  How are people finding deals?  I know price appreciation and taxes are compressing profits, but surely some things must be working... any direction/feedback is appreciated.

Most Popular Reply

User Stats

537
Posts
228
Votes
Neil Aggarwal
  • Lender
  • Richardson, TX
228
Votes |
537
Posts
Neil Aggarwal
  • Lender
  • Richardson, TX
Replied

I think the market has finally crested and prices are gong to start coming back to sanity.  Many newer investors are going to find they can't make profits because they overpaid at the purchase.

Don't buy into a bad deal. Be willing to wait until you find a good deal.  Dallas is investable for someone with patience and discipline.

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