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64
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Jonathan Paul Shortt
  • Rental Property Investor
  • Dallas, TX
73
Votes |
64
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Best cash flowing market

Jonathan Paul Shortt
  • Rental Property Investor
  • Dallas, TX
Posted

Which area of DFW are you all finding has the highest rent to price ratio along with lowish property tax rate. I find a lot of deals that work until I go to refinance and the property taxes leave $50-$150 in cash flow.

Thanks!

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35
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63
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Jorge Gonzalez
  • Accountant
  • Dallas, TX
63
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35
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Jorge Gonzalez
  • Accountant
  • Dallas, TX
Replied

You'll have best luck in Arlington, Grand Prairie, Irving, and overall central area in the DFW metro. Great rental properties that go on the market go fast and you'll probably get anywhere .8-1% rule at best. You'll still be able to cash flow without refinance if you self-manage or put higher down payment. I personally put down 20% on an investment property in Irving at about a .9% rent to purchase price ratio. I self manage the property and get about $500/month in cash flow. 

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