Bryan, Home Buyer in Dallas, TX

Any opinions about purchasing a rent house in the area between forest, royal, 75 and greenville?

Asked by Bryan, Dallas, TX Wed Apr 9, 2008

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Good area, I think it just depends on the deal and what price you will pay versus your expected rent. Also who is your target tenant? Rumors of a wholesale buyout of Hamilton Park are still around so there is land/development interest in the area as well.
Web Reference: http://www.teamlynn.com
0 votes Thank Flag Link Thu Apr 10, 2008
Bruce Lynn, Real Estate Pro in Coppell, TX
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Overall, rental property is a great long term investment. This area has a lot going for it as it is in RISD (which is a great school district), the values have had decent appreciation in the last few years and with the new Towne Center going in at Skillman and Walnut Hill, it could be a great investment.
0 votes Thank Flag Link Wed Apr 9, 2008
I am a Dallas real estate investor, and Dallas realtor I own a property over there WOW, it stays on the market for approx. 24 hours prior to having multi offers on the property. My property leases for $2000 a month,

There are also some GREAT foreclosures in that area single family homes or condo

Contact my office if I can assist.
Web Reference: http://www.lynn911.com
0 votes Thank Flag Link Wed Apr 9, 2008
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