All Forum Posts by: David Freed

Welcome to Texas. Both nice cities. I'd probably lean more towards Richardson than Carrollton based on what the people I know say about schools. Of course all that could change in 7 years or more by the time yours would school.

Carrollton in my opinion seems to have more foundation problems than Richardson, but you can see them in both. Just seems like I see more in Carrollton.

There are duplexes in both cities but relatively few it seems. Just to give you an idea I only show 13 duplexes sold in both Richardson and Carrollton combined in the last year. So what is around also doesn't often change hands. When it does the price doesn't always make investment sense to me.

Might just be an idea to consider both...and some chance expand the search a bit, depending on what part of town your wife will work.

This is very helpful, thank you. I am new to this, so could you elaborate on what you mean by foundation problems? How does this show up with a house?

P.S. To your second point, my wife is targeting to work in Farmer's Branch. What areas of town might you consider for that?

0 Votes

Dallas, Texas

Quote from @Jay Hurst:

Quote from @David Freed:

Hi! My wife is considering a job move to Dallas and we are looking at houses in the area ahead of a potential move. I want to use this opportunity to kickstart my real estate journey and am evaluating two options:

- Purchasing a duplex and renting out one of the properties

- Picking up a single-family rental in the area (alongside the apartment we use ourselves: either rental / owned depending on pricing)

The two cities we've been exploring are Carrollton and Richardson. Anyone on the forum have experience investing in these markets? I'm specifically curious for whch neighborhoods best suit young professionals (we are early 30s; couple years before kids).

The area of town (in my opinion) that is best for young professionals AND house hacking is east Dallas or North Oak Cliff. I am partial to east Dallas as that is where I live and house hacked for years (before it was called house hacking!) but there are tons of small multi families in those two areas along with a ton of walkable neighborhoods with great bars and restaurants, and great neighborhoods. At least do yourself a favor and look into those areas before settling for the burbs!

Thank you! This is very helpful - are there any neighborhoods you recommend specifically? The main reason for the suburbs would be that we are sensitive to commute!

0 Votes

Dallas, Texas

- Purchasing a duplex and renting out one of the properties

- Picking up a single-family rental in the area (alongside the apartment we use ourselves: either rental / owned depending on pricing)

5 Votes

Dallas, Texas

All Forum Posts by: David Freed

David Freed has started 1 posts and replied 3 times.

Post: Moving to Dallas - Evaluating Richardson / Carrollton Markets

Post: Moving to Dallas - Evaluating Richardson / Carrollton Markets

Post: Moving to Dallas - Evaluating Richardson / Carrollton Markets