Looking at properties to invest in Dallas

[Andrew Njoo]

Hello, I am interested in investing in real estate in Dallas, TX because it looks like a cool place.

I am looking at the Plano, Carrollton, Garland region as well as Crowley near Fort Worth. Are these decent areas? Would it be OK to invest in a condominium or single family home?

I have also looked at Sacramento, CA (visited a few condos there), San Diego, Hayward, and Las Vegas (also visited a few condos there), in the past.

Thanks!

[Lucia Rushton]

@Andrew Njoo . So glad you are looking at DFW for your investing! The different towns you mentioned are all over the place - any specific reason why? My opinion Condo vs SFH is the HOA fees. As an investor the HOA fees can make your cashflow negative very quickly, again just my opinion. Plus they need to approve many things you may want to do with your unit, including if you can rent it out.