Updated over 1 year ago on . Most recent reply
Rehab opportunities in Dallas, Texas
My wife and I are thrilled to announce our upcoming move from California to Dallas, Texas in December. We have a new construction home scheduled to be completed by the end of November. As a business owner and with my wife being a physician, we have found a shared passion for remodeling homes and unintentionally turning a profit with our past properties.
We have thoroughly enjoyed the process of adding our personal touch to homes before selling them. With our move to Texas, I am looking forward to pursuing property flipping as a profitable venture.
Our experience in renovating and selling homes, coupled with our individual professional backgrounds, gives us confidence in our ability to succeed in this new endeavor. We are excited about the opportunity to explore the real estate market in Dallas, Texas, and to continue our journey of improving properties for resale.
Your input and advice on this new chapter in our lives would be greatly appreciated.
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CA flipping can be very different than TX depending on where you were doing it... ie. Murrieta vs Oakland vs DTLA. There are some similarities you'll see here in TX. You'll see it in design too. In CA we were doing a lot of tile and quartz, where most submarkets in DFW are still hardwood floors and less contemporary. As a Texan I had to learn about things like Rampart fireplaces and earthquakes, and you'll learn more about our foundation issues and the primary bedroom preference downstairs here.
If you're into design and big remodels, you'll likely want to think about 750k+ homes ~1990 vintage and older. Those can be a lot of fun and you add value by bringing them current/trendy. The homes under 400k for flipping in DFW are going to be a little boring in most cases, IMO. From what I've seen recently it is very competitive. Let me know if you want to chat, feel free to send me a DM.