Updated about 1 month ago on . Most recent reply
Towns in DFW are w/ Good ROI
*Tried to edit title & couldn't 😖
Hi All!! I'll be venturing into the DFW market next & wondering what zip codes are a sure bet (or as close as 1 can be) for a great ROI? 🤔🤔😶
I've done a bit of research & it seems Plano, Duncanville & some pockets of Dallas do well. Clearly lower DOM is key. 40 days or less. A challenge it seems for lower DOM. This will be my 2nd SFH flip....& 5th flip overall after starting with mobile homes.
I'm currently locked in with a wholesaler. This was after trying to tackle 2 flips in 1 year ( bad idea as a 1st year flipper). Luckily I was able to keep my deposit. So my point is, I can secure it quickly. I digress.
Pointers & ideas welcomed. TIA
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I appreciate your reply and definitely feel the "go where the rehab takes you."
Your insight on inspectors, what all are they looking for regarding permits in Texas? Is every county different on what needs permits before beginning work?
Higher DOM is what I am trying to stay away from completely.