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All Forum Posts by: Dan Engberson

Dan Engberson has started 2 posts and replied 12 times.

@Luis Rolando

Ah, south Dallas. I've been looking in the north. You're on to something there....

Thanks!

@Luis Rolando

Hi Luis. First time posting on BP. I live in Dalls and have been looking at properties and I don't see any that present the opportunity for cash flow. I will likely invest elsewhere. Can you explain what you said about getting decent cash flow here?

This is not flame bait, and I am not saying you're wrong. I'm asking where you see what you see. Rents around here seem to be about 0.5% rv as far as I can tell. I even drove out to Sherman today to look and there are a ton of available rentals all hovering around that same 0.5% rv and that's nearly an hour and a half outside of Dallas. In the burbs where I live it's even less.

My son goes to college in Denton and I was thinking a fourplex he could occupy would be a great first investment but again the prices are super high.

I would be very grateful for your insight. Thanks!