BRRRR in North Dallas

[Martyn Sharp]

Hi!

My wife and I have recently moved to the DFW area and we're doing our initial research on the area.  Given the local market seems to have really low levels of inventory, along with rapidly rising property prices, we were wondering if anybody is successfully BRRRRing in this market?  Are there below market deals to be had, or should we be looking at out of area instead?

We will be starting to get involved with local RE groups in the area, but just wanted to see if there were any BP investors with any advice?

Thanks

[Jason Hirko]

@Martyn Sharp You are right about the market in Dallas, but there are lots of people using the BRRRR method successfully around there (a lot of them are our clients). The main thing that I think trips people up when looking at this is that there may not be the rehab component of it. Turnkey rentals may be hard to cash flow day one, but there's always properties in need of a good rehab.