Narrowing down areas in Fort Worth, TX for investment property.
Hi all,
I'm ready to get started in out of state investment properties. I'm currently interested in the Fort Worth, Texas area.
Population growth, safety, jobs, and homes in the $100K - $150K neighborhoods are ideal. Cash flow is more important to me, but if homes appreciate that would be a great addition as well.
I've been using city-data, looking up local city websites to see what's going on, neighborhood.com, "walking" through google maps, but since I'm not from there it gets challenging differentiating the neighborhoods. Because like every other place, there are areas that change immediately.
Aside from the websites I've listed, what are other methods that could help me decide? Talking to a realtor is my next step, but any insight from those who have invested out of state would be greatly appreciated!
Most Popular Reply
Seems like highest growth areas are North and NE and maybe better yet the suburbs in that area.
The tough part will be finding properties under $150,000....and as you go down the price range even tougher.
Very very few livable/rentable properties any more in $100,000 price range.
If we can find them, they will be more in the center of the city most likely, so 2-3 mile radius typically to the north and east of downtown.
Are you wanting to buy and rehab, or find one mostly done and near move in ready?