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Lourdes Kirk
  • Lender
  • California
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I am looking for a good area in Texas to purchase a multifamily rental!

Lourdes Kirk
  • Lender
  • California
Posted Feb 2 2023, 14:19

I would like to connect with some investors in Dallas, Austin TX.

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Joe Funari
  • Real Estate Agent
  • Keller, TX
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Joe Funari
  • Real Estate Agent
  • Keller, TX
Replied Feb 2 2023, 15:31

@Lourdes Kirk I would be happy to discuss with you about multifamily here in the Dallas/Ft. Worth area. I am a fellow investor, as well as, a realtor. What specific questions do you have?

  • Real Estate Agent Texas (#0689082)

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Eliott Elias#3 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • Investor
  • Austin, TX
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Eliott Elias#3 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • Investor
  • Austin, TX
Replied Feb 2 2023, 18:38

Happy to connect. 

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Bruce Lynn#2 Real Estate Agent Contributor
  • Real Estate Broker
  • Coppell, TX
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Bruce Lynn#2 Real Estate Agent Contributor
  • Real Estate Broker
  • Coppell, TX
Replied Feb 2 2023, 22:52

Are you thinking 2-3-4plex?

What's your budget?

Right now and maybe the past 2-3 years or so there's not a whole lot that makes much sense for sale in DFW area, but occasionally we find some gems.

Happy to assist you if I can.

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Jordan Moorhead
  • Real Estate Agent
  • Austin, TX
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Jordan Moorhead
  • Real Estate Agent
  • Austin, TX
Replied Feb 6 2023, 06:45

@Lourdes Kirk I'm in Austin and am always open to connect

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River Sava#2 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • Lender
  • Charlotte, NC
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River Sava#2 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • Lender
  • Charlotte, NC
Replied Feb 6 2023, 12:55

Hi Lourdes, 

I am a lender based in Texas and would love to point you in the right direction and connect you with some folks! 

DM any questions you have, happy to help where I can!

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Andres Murillo
  • Real Estate Agent
  • Los Angeles, CA
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137
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Andres Murillo
  • Real Estate Agent
  • Los Angeles, CA
Replied Feb 6 2023, 13:21

I've helped investors purchase throughout Texas for the past 6 years. 

Both DFW and Austin are fantastic growth markets. Not a ton of cash flow compared to other areas but great appreciation. Most of my clients who purchased in Austin or DFW have focused on SFRs because it's easier to capture that growth with an SFR. But clients looking for some semblance of cash flow have mostly purchased along the I35 corridor outside of Austin and working-class neighborhoods in the Arlington area.

McAllen and Brownsville in South Texas have had incredible deals in the past year. A lot of new construction built for workforce housing has popped up. I've helped clients buy that type of product and secure easy cash flow with a minimal initial investment.

I PM'd you. Would be happy to dive deeper into any/all of this.

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Wale Lawal
  • Real Estate Broker
  • Houston | Dallas | Austin, TX
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Wale Lawal
  • Real Estate Broker
  • Houston | Dallas | Austin, TX
Replied Feb 7 2023, 11:14

@Lourdes Kirk

I am a real estate agent and investor in Dallas, TX.

There are many cities that tend to command quality tenants, and they have great schools.

Get in touch with a local agent or investor and shorten your learning curve and save you a lot of headaches as they tend to understand the market better.

All the best!