Tell me about the drawbacks to owning turnkey in Tarrant

Tell me about the drawbacks to owning turnkey in Tarrant

Flipper/Rehabber · Birmingham, AL · Member since 2018 · 2 posts · 0 votes

I’m considering purchasing a house a s rehabbing In Tarrant. I’ve heard this is not a great a place for this.

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  • Member since 2018 · 563 posts · 562 votes
    7y

    You made a statement that may or may not be true.

    Did you do any research? Do you know any info about the area? Economic info like jobs and average household income, population, comparable property sales....

    Do you have a specific opportunity in mind?


    People on BP are very willing to give their 2 cents...but, your statement has no direction or call to action, just a vague statement that slightly implies that you may want to consider doing some more learning about what makes a market or specific property an attractive investment, unless your asking the BP people to do all that for you?

  • Investor · Birmingham, AL · Member since 2016 · 315 posts · 206 votes
    7y

    I would not buy a house there. About 10 years back I looked at a house there and asked my cousin about it since he was a lieutenant at the fire department there in Tarrant city. When I told him the address his reply was “ oh they just steal around there. Two blocks over they shoot at you. That’s when I ladled tarrant as an S&S area which stands for shooting and stealing and I want no part of it. Good luck. Jp

  • Investor · Birmingham, AL · Member since 2016 · 315 posts · 206 votes
    7y

    Another suggestion. If you don’t know the area then ride around the area looking for postman and utility workers. Talk to  them. They work those streets every day. 

    Good luck. 

  • Flipper/Rehabber · Birmingham, AL · Member since 2018 · 2 posts · 0 votes
    7y

    @John Patton thanks so much for the suggestions and info about Tarrant.

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