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All Forum Posts by: Firen Forrest

Firen Forrest has started 3 posts and replied 14 times.

Post: Texas! Pros/Cons & Best Markets

Firen ForrestPosted
  • New to Real Estate
  • San Francisco
  • Posts 14
  • Votes 18

Post: Texas! Pros/Cons & Best Markets

Firen ForrestPosted
  • New to Real Estate
  • San Francisco
  • Posts 14
  • Votes 18

I'm planning to buy my first property in Q1 or Q2 this year. I'd like to do BRRRR cash buy with all in at <$100K and refinance in 6-12 months. I live in the SF Bay Area but am from Dallas so have been looking into the DFW area mainly. Still trying to land on exact geography though.

I'd love anyone's insights on general Texas investment pros/cons (for example it seems property taxes are relatively high in Texas but tenant rights aren't too extreme like they are here in the Bay Area)

Also which Texas cities/areas are popping best for cash flow with good rent to value and affordable? I'm already priced out of Austin but considering Dallas, Fort Worth, San Antonio, Houston, El Paso. Or some of the smaller metroplexes like Round Rock, San Marcos, Midland/Odessa, Lubbock, etc. 

If you're investing in Texas, I would love to talk. 

Thanks!

Post: Best places to invest for a rental property

Firen ForrestPosted
  • New to Real Estate
  • San Francisco
  • Posts 14
  • Votes 18

@Anthony Holloway I'd love to learn more about what you're finding. I'm definitely aiming toward Texas but this thread has made me stop to consider San Antonio in addition to Dallas. Let me know if you'd like to connect. 

Post: Best places to invest for a rental property

Firen ForrestPosted
  • New to Real Estate
  • San Francisco
  • Posts 14
  • Votes 18

@Marlen Weber How do you feel about DFW? I’m from Dallas originally and am looking to invest long distance there since I’m familiar with the area. I’m currently living in San Francisco.