Pick a city in DFW to buy a rental properties

[Mahdi Mike]

Between cities below which one you think is better for buying a rental properties and why?

1. Irving

2. Plano

3.. Frisco

4.. Richardson

5.. Allen

6.. Other

[Bruce Lynn]

Denton....Anna....Little Elm...Aubrey...Princeton...Greenville.

Frisco is way too expensive for the rent you can get.....strange dynamics there where way too many people bought houses 10-15 years ago...now have income to upgrade...keep the old low cost house and then rent it cheap....probably 100s of these. They don't care about returns. Tough to compete with real numbers when you competition doesn't. At some point maybe another 10 years there will be some older beat up homes to BRRRR or flip I expect.

Plano can have some opportunity...but often tough to make numbers work.

I think one trick too is finding the right rent/price ratio in some of these cities....typically what works best is smaller homes that are lower in price where you can still get good rent numbers...