Arlington,TX versus Frisco, TX
I am investor, who is planning to invest around $300,000 in real estate. I am in dilemma, whether to invest in Arlington, TX or Frisco,TX? Frisco properties are no where near 1% property rule, but has good probability to appreciate. Arlington properties are priced little more than 1% rule, but less probability to appreciate. $250K worth property in frisco will probably get me $1800 rent, but $160k property in arlington,tx will get me $1400 rent. Renters in Frisco will be well off and more stable, but renters in Arlington,TX will be less stable. Occupancy rate in frisco will better than in arlington, tx.
Please advice if my analysis make sense.
Niel