All Forum Posts by: Stephen Green

@Shital Thakkar Thanks for sharing your views!

@Krishna Chava Thanks ill definitely review that suburb in detail!

@Courtney King Thanks a lot for your input! Its definitely great to hear another view on this. Ill add those suburbs to my review list as well!

@Eric Aello & @Account Closed I appreciate your thoughtful response. I did mean 6%+, its a case of the more the better of course (as long as major downsides werent introduced) and better returns suburbs would be weighted higher. 

The suburb reviews ive done so far seem to be around max 8% rent ROI (annual rent/purchase). For a 1% rule or close to (12% rent ROI), im assuming I would have to be looking at minimum duplex style multi family property? Or are there other suburbs (or methods) where you see this achievable without any major downsides introduced?

Hi Toby! 

Thanks for your advice! Ill check them out, I appreciate the offer of assistance as well!

Cheers

Steve

Dear All,

I am looking at buying a property in Dallas TX. 

What is your opinion on which suburb would be the best one to invest in?

Criteria are:

-Long term buy and hold

-$200-260K

-Return of 6%+ ROI rent (annual rent divided by property purchase price)

-Stable capital gain

-Low crime

-Low vacancy rate

-Will consider single family home or multifamily home

-Nice to live in ? Easy to resell?

Thanks in advance!