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Jim Woodcock
  • Investor
  • Flower Mound, TX
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DFW Market - Investing

Jim Woodcock
  • Investor
  • Flower Mound, TX
Posted

Hello BPs - I am a resident in the DFW area and have been away from real estate investing for a number of years due to raising 3 boys and a demanding job.  The children are largely on their own now (yes!) and I am considering investing again in rehabs\flipping and SFM rentals.  It has been ~ 10 years since my last property but the area seems to be very healthy economically and, compared to other major metro areas, cost of living is still very reasonable.   I welcome any sage advise that anyone can offer on what is working and what is not.

Thanks in advance everyone!   - Jim

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Nina Hayden
  • Rental Property Investor
  • Dallas, Austin
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Nina Hayden
  • Rental Property Investor
  • Dallas, Austin
Replied

What’s happening in Frisco and Prosper is new construction.  I’m not sure how you can make money there flipping. You won’t find much.  None of my investors that live in those areas invest there.  Go check out: Garland, Mesquite, Arlington and South Dallas areas.  Stat away from Frisco/prosper because it’s notning but new construction galore and single home families that will NOT cash flow! 

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