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Updated almost 4 years ago on . Most recent reply

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Lallu Tappu
  • Rental Property Investor
  • Plano, TX
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Is it worth looking into small apartment complexes in DFW?

Lallu Tappu
  • Rental Property Investor
  • Plano, TX
Posted

A bit of background. I am local here to Dallas, currently live in Plano and own a bunch of SFRs in the Collin county. I have also done a few flips to sell and flips to rent and have a few LTRs in Collin county as well. Given the market for SFRs is so hot right now, even in August, is it worth looking at small apartment complexes? 

I currently self manage my rentals but do not believe I will be able to self manage apartments and all the complexities that come with it. Are there any folks here with experience with small apartment complexes and PMs that would care to share their experiences and contacts?

Most Popular Reply

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Bruce Lynn#2 Real Estate Agent Contributor
  • Real Estate Broker
  • Coppell, TX
4,528
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Bruce Lynn#2 Real Estate Agent Contributor
  • Real Estate Broker
  • Coppell, TX
Replied

@Lallu Tappu  Small and large apartments seem to be just as competitive as single family unless you have the cash to buy super distressed properties.

Always worth a look.   Financing is typically more short term, so that is also something to look at.

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