Hello all looking at a possible rental in Sherman Texas, not very familiar with that market - but looks like it has potential - I know it's all about the numbers but has anyone had good success in Sherman?? it's an older 2 bedroom south of downtown.
Hi @Ross Kallenberg . Sherman can be a great market but it is also hit and miss. There are areas which do well but also areas which you do not want to be in. It is very location specific out there. I would check what elementary school the house feeds into. There are only two decent elementary schools in Sherman and houses in those areas are sought after. Another tip would be to put a for rent sign in the neighborhood so you can see the types of tenants you will be getting. This will also give you an idea of how much they are looking to pay and the size of the home they want.
Best of luck!
Thanks Mark, yes after doing a walk-through on a property and seeing this particular neighborhood I decided to pass on this property. Thx for the reply sir!
@Mark S. what are some of the good elementary schools there?