Flipper/Rehabber · Dallas, TX · Member since 2018 · 25 posts · 5 votes
Hello All,
Hope everyone is enjoying easter with their family and friends !! I am planning to concentrate on single family homes both fix/flip and buy and hold strategies. I heard from the other investors that garland area is one of the good area to concentrate. what are some of the things I have to keep in mind about the garland location from geography, climate , security perceptive. I highly appreciate all the points about these metrics.
Code compliance isn't too bad. They will warn you first and give you time to remedy the issue. Our rentals get notices every few months for grass, trees, trash bin storage, etc.
Garland has great demographics, strong cash flow, good tenants.
Code compliance isn't too bad. They will warn you first and give you time to remedy the issue. Our rentals get notices every few months for grass, trees, trash bin storage, etc.
Garland has great demographics, strong cash flow, good tenants.
dont worry about code compliance, as long as you go talk with them ask a lot of questions have them involved and budget for their cost and time for proper permits and inspections then you will be better off.
I am interested in renting my first home that I lived in for about 4 years and get a new home for me and my family. We are outgrowing our 1800 sq ft 4 bedroom home. live in Garland and I am looking at my options.
This is an area of focus for me as well for 1-4 door properties. I have found that there is a lot of activity within a few squares miles of avenue B and D. Wholesalers mostly but rents are strong for updated properties and oddly you will be battling with retail buyers for even outdated properties with good "bones" because of all the 203K loan programs available which provide up to 35K in rehab as part of the primary mortgage. I am being outbid with cash offers often 20% above list which means there's no margin for flippers thus my suspicion of retail buyers.