DFW Market over heated?

[Kevin O'Brien]

I just recently joined BP and have been reading a lot. I have one rental in the Dallas/Fort Worth (DFW) area that has done very well for me. I'm on my 4th year with my only my second set of renters. They pay on time and rarely call about problems. 

I have had such a good experience that I would like to find a few more rentals. However, the market appears to be over-heated with 20%+ gains in property value in the last year. 

Any advice, particularly in the Keller/Fort Worth area on whether the market is overheated and I should just wait a while?  Are there still deals out there and what are the best ways to find them?  I am really just looking to do light rehab and then rent. 

[Shane Woods]

There are always deals to be had.  You just have to find them.  Drive neighborhoods you'd like to own in and write letters to the owners of run-down looking vacant houses.  Search for "driving for dollars" in the box up there on the right.  Also search for "direct mail" and you can read for days and days and days about ways to find those deals :)

Good luck sir, and welcome!