Is Dallas overbuilding for new investor?
So, I’m looking for a city to move to and build my real estate portfolio. My strategy is to house hack a multi family and then either continue buying multi’s and hold or move into commercial apartment buildings. I took a trip to Dallas recently as a potential landing spot and I noticed that they were literally building huge residential complexes everywhere! Normally this would indicate huge population growth but I worry that I already missed the boat. I know you cannot predict the market, but does anymore from Dallas feel that maybe I should start in a less competitive or developed city? Or my real question, is it a good thing or a bad thing for a new small fish investor to start his portfolio in a city that I currently building many many massive residential complexes that all look affordable and nice...?