All Forum Posts by: Muhammad Wahla

@David Ivy

I am looking for SFRs. I wish I could find a multi-family especially a 4-Plex in Austin market on a good rate in a good neighborhood but they all seem very expensive. Let me know your thoughts on it. 

I am planning to buy two rental properties as my first investment on conventional loan. I am looking for the price range in between $150K-$200K for individual property. I am confused between Austin and Dallas. I live in Austin but the way Austin market is going up, it is ridiculous. With this price range I can only buy on the east side of Austin and for Dallas I am interested in the areas of Fort Worth, Garland and Mesquite. Cash Flow is almost same ranging between $150-$200 per month after all the expenses including property management. I am interested in turn key properties so that is why the cash flow is very minimal. Please let me know your thoughts. Where should I buy considering future growth and appreciation? Should I buy on the east side of Austin or should I go for Dallas market?