New investor in the DFW area

Fort Worth, Texas
Buying & Selling Real Estate
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New investor in the DFW area

Guy Keren
Member since 2024 · 9 posts · 9 votes

Hello everyone!

New to DFW and I would love to hear your advice.

We concentrate on buy & hold, typically 150K - 200K PP, at least 1,000 sqft.

In which areas do you think we can enter the market?

Relevant agents please contact me.

Thank you.

2Reply
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Matt Solis
Real Estate Agent · Dallas - Fort Worth Metroplex · Member since 2020 · 66 posts · 57 votes
2y
Quote from @Denver McClure:

Hey @Guy Keren, I'd suggest reaching out to @Matt Solis if you need a great agent in DFW.


 Thanks for the shout Denver! North Oak Cliff, Cedar Crest, Garland, and Far East Dallas would be the areas I would look at. Send me a DM, would love to talk shop

2Reply
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  • Denver McClurePro Member
    Financial Advisor · Dallas, TX · Member since 2018 · 659 posts · 479 votes
    2y

    Hey @Guy Keren, I'd suggest reaching out to @Matt Solis if you need a great agent in DFW.

    [email protected]
    1Reply
  • Guy Keren
    OP
    Member since 2024 · 9 posts · 9 votes
    2y
    Quote from @Denver McClure:

    Hey @Guy Keren, I'd suggest reaching out to @Matt Solis if you need a great agent in DFW.

    Thank you so much Denver!

    I will contact him today.
    1Reply
  • Matt Solis
    Real Estate Agent · Dallas - Fort Worth Metroplex · Member since 2020 · 66 posts · 57 votes
    2y
    Quote from @Denver McClure:

    Hey @Guy Keren, I'd suggest reaching out to @Matt Solis if you need a great agent in DFW.


     Thanks for the shout Denver! North Oak Cliff, Cedar Crest, Garland, and Far East Dallas would be the areas I would look at. Send me a DM, would love to talk shop

    2Reply
  • Preston DeanBusiness Member
    Realtor · Fort Worth, TX · Member since 2021 · 779 posts · 368 votes
    2y
    Quote from @Guy Keren:

    Hello everyone!

    New to DFW and I would love to hear your advice.

    We concentrate on buy & hold, typically 150K - 200K PP, at least 1,000 sqft.

    In which areas do you think we can enter the market?

    Relevant agents please contact me.

    Thank you.

    @Guy Keren whats going on man,

    I am a Realtor here in Fort Worth. I have 1 rental via house hack that we lived in for 2 years and slowly increased the value over the 2 years. Now it cash flows about $350 per month and I am the PM on that property. Welcome to BP!

    If you need contacts for any vendors let me know I'm happy to help 

    [email protected]817-480-9452
    United Real Estate DFW Properties 565 Reviews
    WebsiteView Page
    2Reply
  • Taz Zettergren
    Real Estate Agent · Memphis, TN · Member since 2019 · 365 posts · 264 votes
    2y

    @Guy Keren most of the properties in those price points will either put you west or south Fort Worth and East or south of Dallas. Best of luck investing

    1Reply
  • Bruce Lynn
    Real Estate Broker · Coppell, TX · Member since 2011 · 5k+ posts · 4k+ votes
    2y
    Quote from @Guy Keren:

    I would be looking at Stop Six area and Poly in Ft. Worth.

    I'd also be looking at areas around Ft. Worth.  Burleson and Crowley if you can find anything.  Cleburne for sure.  Occasionally see places in Weatherford, Azle, and Bridgeport.  I'd have Decatur on the radar.

    Maybe Casa View area of Dallas.  Maybe Waxahachie.

    1Reply
  • Lucia Rushton
    Realtor · Dallas - Fort Worth Metroplex, TX · Member since 2016 · 1k+ posts · 925 votes
    2y
    Quote from @Guy Keren:

    Hello everyone!

    New to DFW and I would love to hear your advice.

    We concentrate on buy & hold, typically 150K - 200K PP, at least 1,000 sqft.

    In which areas do you think we can enter the market?

    Relevant agents please contact me.

    Thank you.


     I have one for you. Sending you a DM now.

    1Reply
  • Ned J.Pro Member
    Investor · Manteca, CA · Member since 2017 · 1k+ posts · 2k+ votes
    2y

    Any of you familiar with the Stephenville area? Kind of out in the middle of nowhere, but my son just started college at Tarelton and we live in CA, so its on my radar now...university has plans for big growth in the next 5-10 years. 

    1Reply
  • Ned J.Pro Member
    Investor · Manteca, CA · Member since 2017 · 1k+ posts · 2k+ votes
    2y

    No body ?

    0Reply
  • Shachar Naim
    Investor · TX · Member since 2024 · 4 posts · 0 votes
    2y
    Quote from @Ned J.:

    Any of you familiar with the Stephenville area? Kind of out in the middle of nowhere, but my son just started college at Tarelton and we live in CA, so its on my radar now...university has plans for big growth in the next 5-10 years. 

     Hi @Ned J. ! I just invested on a STEPHENVILLE SFH. I did not know about the uni growth plans so it looks even better now. If you have any more interesting info please let me know :)

    cheers

    0Reply
  • John MorganPro Member
    Rental Property Investor · Grand Prairie, TX · Member since 2018 · 2k+ posts · 2k+ votes
    2y

    @Guy Keren

    I've got 18 SFR in the DFW area and target the 150-200k range homes that don't need much work. Mine are all in Grand Prairie, Arlington and Fort Worth in C+ class hoods. Average rent around 2k/month which is cheap out here. I like to buy in central locations near the downtowns and major freeways. I've bought most of mine off the MLS, but have found a few off market or from wholesalers. Good luck!

    2Reply
  • Bruce Lynn
    Real Estate Broker · Coppell, TX · Member since 2011 · 5k+ posts · 4k+ votes
    2y

    @Ned J.   I like Stephenville, but maybe not for investment.  I don't feel like it is in the growth
    trajectory of the metroplex yet.   It's really a small town.   I'm not typically a fan of renting to students.  There's probably opportunity everywhere if you look for it and come across the right deal, but I don't hear investors beating down the door trying to get into Stephenville.

    Three things to look for to be in the path of progress:

    1.  Population Growth

    2.  Job Growth

    3.  Employment/Economic Diversity/Demand Drivers

    Now if you can buy a house let's say 4-5 bedroom and have your kid live in one for 4-5 years and is the kind of kid who is responsible and a hard worker and a good networker and can keep the bedrooms rented for the next 4-5 years, there certainly could be an opportunity there.

    0Reply
  • Joseph BorgesPro Member
    Investor · Stephenville, TX · Member since 2016 · 24 posts · 4 votes
    2y

    Hello @Ned J. I live in Stephenville, I'm a full time investor here. I use to live in Escalon California. If there is anything I can do help you please reach out. What street did you buy your SFH on?

    0Reply
  • Bruce Yi
    Member since 2021 · 16 posts · 6 votes
    2y

    @Bruce Lynn any insight on the Arlington and HEB area?

    0Reply
  • Bruce Lynn
    Real Estate Broker · Coppell, TX · Member since 2011 · 5k+ posts · 4k+ votes
    2y
    Quote from @Bruce Yi:

    @Bruce Lynn any insight on the Arlington and HEB area?

    I like HEB and NRH and RH probably better than Arlington.  I'm guessing in general a little better schools, different workforce, and less crime.  I've lived in Euless and my mom used to live in Bedford.
    1Reply
  • Alan Hale
    New to Real Estate · Fort Worth/Grandview Texas · Member since 2020 · 41 posts · 13 votes
    2y
    Quote from @Ned J.:

    Any of you familiar with the Stephenville area? Kind of out in the middle of nowhere, but my son just started college at Tarelton and we live in CA, so its on my radar now...university has plans for big growth in the next 5-10 years. 

    I know this reply is a little late.  I think a lot of the growth Tarleton has isn't necessarily in Stephenville.  They are building a "satellite" campus in southwest Fort Worth that's supposed to be larger than their main campus.  That may be the big growth you're hearing about.  I also 2nd the commenter who said Stephenville is outside of the trajectory for DFW.  Stephenville/Erath County isn't even considered DFW MSA.  
    1Reply
  • Avi Turkia
    Flipper/Rehabber · Dallas, TX · Member since 2018 · 9 posts · 3 votes
    2y

    Hello Guy!


    Welcome to DFW!

    For buy & hold properties in the $150K - $200K range with at least 1,000 sqft, I highly recommend considering Grayson County. This area is experiencing significant growth with many new businesses moving in and numerous new developments underway. Additionally, the prices remain reasonable, and the rent-to-price ratio is quite favorable, making it an attractive option for investors.

    If you need assistance finding properties or have any questions, feel free to reach out.

    Thank you!
    Avi

    1Reply
  • George Guerrero
    Member since 2022 · 10 posts · 3 votes
    2y

    Investing in DFW area?

    0Reply
  • Joseph Bui
    Lender · Nationwide · Member since 2023 · 362 posts · 237 votes
    2y

    Are you only looking in the DFW area? I've been a 9 door portfolio across Memphis and Detroit. If you are interested in those markets, let me know. Happy to knowledge share.

    0Reply
  • James WachobBusiness Member
    Real Estate Broker · Memphis, TN · Member since 2015 · 1k+ posts · 887 votes
    2y

    Hey @Guy Keren, 

    You can get a new construction for a PP of $150k - $200k in Memphis, TN. Please DM me if you'd like to get some information about those properties. I'd like to be your go-to contact for anything REI related in Memphis.

    0Reply
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