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Updated over 4 years ago,
New Investor looking in Dallas/Fort Worth
Hi BP community!
I am a new investor looking to invest in the DFW market. I've visited the area several times over the last decade because my brother lives in the Dallas suburbs.
Goal: Buy and hold rental properties, BRRRR in the near/far future.
Budget: <150k. I understand that its hard to meet the 1% rule in the DFW market these days
Cities of Interest: I heard that Irving, Grand Prairie, Arlington, HEB, and Forth Worth have good rental potential and are landlord friendly(?) compared to Dallas/Mesquite/Garland.
Can anyone provide any insight in which cities/neighborhoods to look into? Also, is it worth it to look into 2-4plexes or should I stick to SFRs?
Thank you!