North Dallas REI Newbie – Looking for Market Tips & Networking!

North Dallas REI Newbie – Looking for Market Tips & Networking!

Member since 2025 · 5 posts · 4 votes

Hello BP Community,

Excited to be here and to learn from the wealth of knowledge in this group!

I'm new to real estate investing, aside from a handful of books I've recently finished—one of which (BRRRR by David Greene) led me here. I imagine some of you also started down this path the same way!

I'd like to get my feet wet with a flip or two before transitioning into long-term buy-and-hold properties. I have some capital saved up and a HELOC ready to fund renovations.

I’m based in North Dallas, TX, and would love advice on areas to consider around Denton, McKinney, Melissa, Anna, Dennison, Van Alstyne or anywhere along the 75 corridor—or any other recommendations you might have!

I’ll be speaking with a few agents but would love to hear from this community:
✅ What local areas have good margins for flips?
✅ Any investor-friendly agents, lenders, or contractors you’d recommend?
✅ Have you had success with auctions, or should I wait until I have more experience?

Looking forward to connecting and learning from you all—thanks in advance for any insights!

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  • Denver McClurePro Member
    Financial Advisor · Flower Mound, TX · Member since 2018 · 661 posts · 479 votes
    1y

    Welcome @Stuart Nero! I'm also here in North Dallas, let me know if you'd like to meet up for coffee or drinks to talk about real estate! I have tons of great connections for you.

  • Member since 2025 · 5 posts · 4 votes
    1y

    Hi @Denver McClure.

    I really appreciate the offer. I'll be in touch to take you up on that for sure. 

    How does your schedule generally look and where are you based? Perhaps we can meet up in the next couple of weeks if our schedules align?

    Thanks again

  • Real Estate Broker · Coppell, TX · Member since 2011 · 5k+ posts · 4k+ votes
    1y

    I'm in Coppell and Southlake , but travel all over North Texas if you want to meet up.

    All of the cities you mentioned are probably good targets and where the better action is.

    Flips are not easy right now, so I would keep open on the 1st one to any and all those cities. Know all your numbers very well and I would suggest padding time on market and your sales price.  I've seen more flips bust in the last year than ever before.  I've also seen lots of people way over estimate sales price and I'm sure bust their time on market projections.   

    Lots of flippers have moved from Dallas area targeting to Denison area and perhaps Sherman over the past 2-3 years it seems.  Prices were better and lots of old houses that needed help.

    • Member since 2025 · 5 posts · 4 votes
      1y

      @Bruce Lynn

      thanks for the info Bryce. That's great input and cautions are very welcome. 

  • Denver McClurePro Member
    Financial Advisor · Flower Mound, TX · Member since 2018 · 661 posts · 479 votes
    1y

    Hey @Stuart Nero, I'm based out of Frisco, so we can meet locally. I allocate most mornings for research and existing clients, so afternoons are when I'm flexible. 

  • Member since 2025 · 5 posts · 4 votes
    1y

    Brilliant. Just down the road. I'm in McKinney. I'll be in touch. Afternoons are also good for me. 
    I'm  down with flu at the moment so I'll pick up again with you in a week and keep these germs to myself. Thanks again. 

  • Real Estate Agent · Memphis, TN · Member since 2024 · 250 posts · 71 votes
    1y

    @Stuart Nero

    Welcome in! 

    Not all in North Texas but - Southlake, Grapevine, Irving, Arlington, Wilmer, and Haltom City are doing phenomenal right now. 

    Check on the forum "Real Estate Classified". There are a ton of investors who post local meet-ups there! 

    Wishing you the best on your portfolio. 

  • Member since 2025 · 5 posts · 4 votes
    1y

    Thanks a lot for the info Meghan. I'll definitely take. look there too.

    And thanks for directing me to that board

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