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Updated over 4 years ago on . Most recent reply

Viviana Villegas's profile image
Viviana Villegas's profile image
Viviana Villegas
  • New to Real Estate
  • from Texas
  • Member since Feb 27, 2021
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10
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1
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Viviana Villegas's profile image
Viviana Villegas's profile image
Viviana Villegas
  • New to Real Estate
  • from Texas
  • Member since Feb 27, 2021
Connect
Viviana Villegas
  • New to Real Estate
  • Texas
1
Votes |
10
Posts
General Landlording & Rental Properties

New to Dallas Real Estate

Viviana Villegas
  • New to Real Estate
  • Texas
Posted

Hello! I am new here and I am looking at investing in real estate for the first time in Dallas, TX. Since we don’t have much cash, we are looking to rent our current home and buy a new home as owner occupied, that we then hope to rent in a year and build our portfolio from there... homes in East Dallas sell for about 250K and rent for about 1,800-1,950 depending on the size... any advice on whether this price range is worth it? My profit seems to be very minimal when I run the numbers and calculating for expenses. Any advice for a newbie would be appreciated!

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