129: Finding Good Real Estate Deals In A Strong Market: Dallas, TX

Finding Good Real Estate Deals In A Strong Market: Dallas, TX

by Keith Weinhold | Get Rich Education

Dallas, TX could be the strongest real estate market in the entire U.S. as it keeps experiencing staggering business, job, and population growth. In fact, Forbes has named Dallas, TX as the #1 place to invest in 2017. But if you live outside Dallas-Fort Worth, how do you capture the upside yourself? With turnkey single-family income property. Want more wealth? Visit GetRichEducation.com and 1) Subscribe to our free newsletter, and 2) Receive turnkey real estate investing opportunities. Listen to this week’s show and learn:

02:50 Texas has had great economic fortune for decades. Geopolitical Strategist Peter Zeihan tells us that this will continue.
04:18 Dallas-Fort Worth’s astounding population growth.
05:16 Why to invest in single-family homes rather than apartment buildings.
09:55 In a hot market, have a relationship with a team that can get housing inventory.
12:03 Competing for housing inventory. Targeting 7%+ cash-on-cash return.
15:31 Product type: SFHs with minimum of 3 BR, 2 BA, 2-car garage.
17:14 Don’t “over-improve.” Examples.
20:30 What type of person invests in turnkey real estate? Busy people.
22:38 In-house property management.
25:58 The economies of scale advantage with contractors.
28:30 Averages: rent income $1,600 and sale price $170,000.
29:51 Investors have one point of contact.
31:18 Management companies propose solutions, not just pose problems.
32:30 April 21-23: Attend the upcoming Dallas Income Property Tour & Workshop.
34:45 High tenant quality.
36:05 Positive cash flow.

Resources Mentioned >

Resources Mentioned: GetRichEducation.com/Texas | Blog Article: Triple Your Equity In Five Years | TheRealAssetInvestor.com/GRE | HighlandsMortgage.com | MidSouthHomeBuyers.com | GetRichEducation.com

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