Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Terrance Teague

Terrance Teague has started 4 posts and replied 68 times.

Post: Buying Investment Property in DFW

Terrance Teague
Posted
  • Property Manager
  • Dallas/Ft. Worth
  • Posts 70
  • Votes 31

Hi Carlos,

You're definitely not alone! Finding strong cash-flowing properties in the DFW market has become more challenging, especially with prices and interest rates where they are. A $60–90K down payment on a $350K property gives you some flexibility, but hitting solid cash flow  in today’s market often requires doing more homework and looking in specific submarkets.

Have you narrowed down the type of property you're targeting, single-family, duplex, etc.? Also, what areas have you already explored?

You might want to consider looking in parts of Fort Worth, Garland, Saginaw, or even some areas east like Greenville or north around Denton or Sherman and Denison. These tend to have more decent price-to-rent ratios, especially for long-term rentals.


Hope this helps some, and wishing you success as you keep searching!

Post: Looking to connect

Terrance Teague
Posted
  • Property Manager
  • Dallas/Ft. Worth
  • Posts 70
  • Votes 31

Hi Or,

Welcome to the community!

Are you an investor, or an agent?  Or both?

Also, are there any specific areas of DFW you're focusing on or interested in? There's a lot of variety across the metroplex, and it's always interesting to hear what markets other investors are targeting.

Looking forward to hearing more about your journey!

Post: Just Getting Started

Terrance Teague
Posted
  • Property Manager
  • Dallas/Ft. Worth
  • Posts 70
  • Votes 31

Hi Mae,

Welcome to the community!

It really is an exciting time to get into real estate, especially here in the DFW area with all the growth happening. Out of curiosity, what type of investments are you looking to get into? Fix-and-flips, buy-and-holds, short-term rentals?

Also, are there any specific areas of DFW you're focusing on or interested in? There's a lot of variety across the metroplex, and it's always interesting to hear what markets other investors are targeting.

Looking forward to hearing more about your journey!

Post: Building with Agents

Terrance Teague
Posted
  • Property Manager
  • Dallas/Ft. Worth
  • Posts 70
  • Votes 31

Hey Zachary!

Out of curiosity, have you been to any local real estate networking events or meetups in the area? They’re a great way to connect with active agents and investors who understand the local market. I’d be happy to share a few that I’ve found valuable, or even connect at one sometime if you're open to it.

Let me know what part of DFW you’re focusing on, and I’d be glad to see how I can help.

Post: New to BP – DFW Contractor Looking to Collaborate

Terrance Teague
Posted
  • Property Manager
  • Dallas/Ft. Worth
  • Posts 70
  • Votes 31

Hey Leo,

Welcome to the BiggerPockets community! It’s great to have another local pro here in the DFW area. Your experience with full rehabs and remodels is a huge asset,  there’s always a need for reliable contractors who understand what investors are looking for.

Wishing you continued success!

Post: Are Furnished Long-Term Rentals Worth the Hassle?

Terrance Teague
Posted
  • Property Manager
  • Dallas/Ft. Worth
  • Posts 70
  • Votes 31

Hey BP Community!

Lately, I've been getting a lot of  contacts from Airbnb owners who are looking to pivot from short-term to long-term rentals. Many of them want to keep the property furnished, assuming that doing so will somehow boost rent interest or ease the transition.

As someone who's been in the property management space for a while, I personally believe long-term rentals work best unfurnished. In my experience, furnished units can complicate things.

And I also understand that getting rid of the furniture, whether is selling it or storing it can be a hassle as well.

Curious to hear from the BP community on your take on furnished long-term rentals? Have you had success with them, or do you avoid them like I try to?

Looking forward to hearing your thoughts and learning from your experiences!

Post: Real Estate investor and Property Manager

Terrance Teague
Posted
  • Property Manager
  • Dallas/Ft. Worth
  • Posts 70
  • Votes 31

Hey Sanjeev,

It’s great to have experienced investors like you on here. I’ve personally learned a ton just by listening to the BiggerPockets podcast, there is always so many good ideas and tips shared in every episode. Looking forward to learning from your experiences and seeing how you continue to grow your portfolio!

Welcome to the community!

Post: Real Estate partnership

Terrance Teague
Posted
  • Property Manager
  • Dallas/Ft. Worth
  • Posts 70
  • Votes 31

Hi Harry!

Out of curiosity, what state and market are you targeting with these multifamily opportunities? It’d be helpful to know more about the location to better understand the dynamics and potentially connect you with the right people or offer more tailored feedback.

Looking forward to hearing more!

Post: Introduction in the Community

Terrance Teague
Posted
  • Property Manager
  • Dallas/Ft. Worth
  • Posts 70
  • Votes 31

Hi Harold,

Welcome to BP! 

Focusing on long-term rentals is a solid strategy, especially for building consistent cash flow and long-term wealth.

To get started, make sure you are always studying the market that you're looking to invest in. Look at rent trends, job growth, and housing demand, etc. It’s also important to build a solid team around you with people that you trust. Most importantly, be patient and stay consistent, real estate rewards those who take the time to learn and make informed decisions.

Feel free to ask specific questions as you go, lots of experienced investors here!

Post: DFW First-Time Buyer: A House Hack Multifamily vs. Buy SFH Home - Advise Needed

Terrance Teague
Posted
  • Property Manager
  • Dallas/Ft. Worth
  • Posts 70
  • Votes 31

Hi Nitin,

Great questions!  

As someone working in real estate and property management here in the Metroplex, I’ve seen families take both routes: house hacking a small multifamily and going the more traditional single-family route. Each approach has its trade-offs, especially when kids are involved.

House hacking a small multifamily can be a great strategy for a first purchase. The ability to offset your mortgage with rental income can make a big difference in your monthly budget and help you scale faster into future investments. Living on-site also gives you valuable hands-on experience as a landlord, which can be incredibly helpful if you plan to build a rental portfolio long term. And since you're living in the property, you can still take advantage of owner-occupant loan terms and certain tax benefits.

That said, there are lifestyle factors to consider. Privacy can be a big one, sharing walls, driveways, or yards might not be ideal with kids in the mix. You’ll also be more “on call” as a landlord, since tenants are living right next door, which can add some stress to everyday family life.

Balancing lifestyle needs with investment strategy really comes down to your long-term goals and what kind of environment you want for your family right now. If your focus is on building wealth through real estate, house hacking is a strong move but if you’re looking for more stability, space, and privacy, a well-chosen single-family home can still appreciate nicely while allowing you to invest at a slower pace.

Hope this helps some!