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Updated over 1 year ago on . Most recent reply
Recommendation for Fort Worth area zip codes (MTR/LTR investment)
Hi there! Been lurking around the forum a bit. I am at the tipping point of really dialing down to purchase my first investment property before the end of 2023 (Hopefully sooner). I am hoping to connect with someone that knows Fort Worth inside out (growth trend, specific zones and regulation to pay attention to, etc).
Here's my investment criteria and preferred strategy:
1. Under $350k for somewhat turn-key on the market deals, or $200k BRRRR deals.
2. For MTR or LTR
3. Able to beat at least 0.8% Rent-to-Purchase ratio
4. Zip codes with the most growth potential.
I am also very interested in properties that can be turned into student housing (TCU, UNT, etc).
So if you are a investor friendly agent that also has an investment portfolio yourself, investment-friendly lenders (that knows all the most up-to-date strategies for investment loan types), and contractors, I would love to connect with you! Thank you in advance!
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Hi Dylan, I just started my search in Fort Worth as well with basically the same criteria as you listed. I'm working with 2 agents that were both referred to me and have been really great. They suggested I look into the South Side and Fairmount. Hope that helps!