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Updated 10 days ago on . Most recent reply

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10
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1
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Varun G.
  • New to Real Estate
  • California
1
Votes |
10
Posts

Investing in Sherman, TX

Varun G.
  • New to Real Estate
  • California
Posted

Anybody recently invested in the North Texas (Sherman, Denison area)? I am starting out and looking at this area.  It looks promising with recent investments. 

Is it possible to get a positive cash flow in this market?

Most Popular Reply

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21
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10
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Bobby Eastman
  • Dallas, TX
10
Votes |
21
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Bobby Eastman
  • Dallas, TX
Replied
I've been looking in this area for a few months now. Cash flow has been a little difficult to find with the current asking prices. But that should come with the understanding that this is a desirable place to live and it is growing. You would be purchasing in this area to take advantage of good rents and appreciation. There are other markets you can find great cash flow but appreciation is lacking. Most properties that I have found in Grayson County are close to breaking even but since this area is growing I am ok with that. With all that said make an offer that works for you and someone may take it. There are so many ways you can structure a deal to make it fit within your parameters.
Happy to share ideas and talk further if you want.

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