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All Forum Posts by: Nilesh Nemade

Nilesh Nemade has started 3 posts and replied 7 times.

Post: Arlington,TX versus Frisco, TX

Nilesh NemadePosted
  • Investor
  • Allen, TX
  • Posts 7
  • Votes 2

Thank you All for great constructive discussion. You are all awesome. I definately look forward to have coffee or lunch with you guys.

Please refer realtor who can help in investment properties in cedar hill/Arlington area.

Post: Arlington,TX versus Frisco, TX

Nilesh NemadePosted
  • Investor
  • Allen, TX
  • Posts 7
  • Votes 2

Thank you Andy, Scott and Andrew for your views. One correction!! I don't have 300k cash. I plan to use 50 to 60k cash to make 20% down payment.

Which class(B or C) will neighborhoods Arlington,TX fall in? 76012 and 76002 looks attractive to me. 

http://zipatlas.com/us/tx/arlington/zip-code-compa...

Do you have any suggestions on any neighborhoods other than Arlington TX, which can potentially provide positive cash flow properties? Please refer a good realtor as well.

Thanks

Niel

Post: Arlington,TX versus Frisco, TX

Nilesh NemadePosted
  • Investor
  • Allen, TX
  • Posts 7
  • Votes 2

I am investor, who is planning to invest around $300,000 in real estate. I am in dilemma, whether to invest in Arlington, TX or  Frisco,TX? Frisco properties are no where near 1% property rule, but has good probability to appreciate. Arlington properties are priced little more than 1% rule, but less probability to appreciate. $250K worth property in frisco will probably get me $1800 rent, but $160k property in arlington,tx will get me $1400 rent. Renters in Frisco will be well off and more stable, but renters in Arlington,TX will be less stable. Occupancy rate in frisco will better than in arlington, tx. 

Please advice if my analysis make sense.

Niel 

Post: Investing in Arlington and Grand Prairie

Nilesh NemadePosted
  • Investor
  • Allen, TX
  • Posts 7
  • Votes 2
Hello, I am local investor, leaving in Allen, who is looking to invest class B and Class C properties in DFW area. I do own two rentals in IL. I do start with 1 percent real estate rule to sniff around the properties. I see only properties in Arlington and Grand Prairie that fit in to that criteria to start with. I am seeking advice what is vacancy rate of properties in these areas(Arlington and Grand Prairie) . How hard is to rent out property in these areas? I m also planning to get in touch with wholesalers and investors, who can help with the deals in these areas.Please pm me, if you have any useful information. Cheers and happy investing Niel

Post: Investor from Allen,TX

Nilesh NemadePosted
  • Investor
  • Allen, TX
  • Posts 7
  • Votes 2
Thank you shital..!!! I have been reading a lot..!!!! I am targeting to buy single family homes first, which will provide positive cash flow. Please share your suggestions.

Post: Investor from Allen,TX

Nilesh NemadePosted
  • Investor
  • Allen, TX
  • Posts 7
  • Votes 2

I am more of buy and hold investor. I will love to work with knowledgable realtor.

Thanks

Niel

Post: Investor from Allen,TX

Nilesh NemadePosted
  • Investor
  • Allen, TX
  • Posts 7
  • Votes 2

I am  interested in investing in dfw rental properties.

Thanks

Niel