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Updated over 4 years ago on . Most recent reply
Remote Investing in DFW
I'm curious what the general feeling about real estate investing, specifically buy and hold, is in the area. I live in Denver, but I grew up in Arlington and spent 20 years in the DFW area. I have a lot of friends and family there, I have a realtor I trust, and I have several contractors I have worked with in the past. In addition, I just sold my dads old in the 76010 zip code and felt like I got a great deal. (Had it not been for the pandemic I would have kept it and rented it, but I feel like waiting for at least another six months is wise right now.)
To the investors, do you good cash flow and appreciation? The buy-in there is more reasonable than here. (Average SFH in Denver is around $450K.)
For my first remote property I would feel better investing somewhere that I have hooks.
Jason