All Forum Posts by: Keith Chan

Thanks, agree Neil. I do have a spreadsheet I created a while back that analyzes ROI and discounted cash flow. Been out of the market for a while and wanted some help with ideas on where to start looking for my price range, something with upside in the future with new developments coming that I may be missing.

I've been seeing a lot of new listings for recently renovated SFHs in the $180k-$250k range in the Casa View area. I am not familiar with the area, are there some new developments happening over there? What are people's thoughts on that area for investment purposes? 

I am looking for a SFH to purchase in the $200k range to live in for a year or two which I can then turn into an investment property if I decide to move. Can anyone point me in the right direction? Thanks!

These are all great suggestions / resources, thanks guys! 

Hey everyone, what are some of your favorite ways of hearing about new developments in Dallas (schools, shopping centers, etc.)? Local newspaper, Google alerts, real estate meetups, driving around, etc? Looking for some ideas!

Thanks guys, sounds like I need to expand my search and look at a few other areas.

@Gio Morado can you send me information through Bigger Pockets? I'll have a look, thanks!

Hey guys, I'm back with my second post!  

I've been monitoring the Dallas area for the last few weeks now (anything south of 635, Irving is as far West as I've searched, White Rock Lake is as far East as I've searched, Oakcliff is as far South as I've searched). I'm a new investor looking for rental properties in the $75K-$100K range for a condo and up to $200k for a SFH. My price range for condos are a lot lower because of the crazy HOA fees that I regularly see in the Dallas area. With the criteria above, I'm finding it hard to track down any good investment properties that'll cash flow; when I run the numbers, most of the ROI is coming from appreciation / loan paydown.

Does anyone have any advice on what other locations I should look at for properties that'll have positive cash flow and fit a ~$200K budget? What are some hot spots in the Dallas market to start monitoring? Since this is my first property, I'd prefer to buy a smaller property (~$100k-$125k range) to get my feet wet and learn before making a bigger purchase. 

Any advice is welcome. Thanks!

Keith

Hello everyone, new to the forums and real estate investing - 

What do y'all think of the South Dallas / Fair Park area? I see a few new property being developed but the schools/crime/etc appear to be poor. Anyone know if this area is being developed with better schools, etc? Anyone with experience investing in that area? 

Thanks,

Keith