Dallas is Booming—But Here’s the Untold Truth That Could Make or Break Your Investment!
Buy-and-hold townhomes
Townhomes are good buy-and-holds for the same reason they make good flips: Couples often don’t plan to stay long, so rather than spending their money on down payments, closing costs, and maintenance on a new home, they prefer to rent while saving for their dream home.
Multifamily residences
Despite real estate agent hype, not everyone wants to live in a sparkling new home and pay top dollar for the privilege, especially if it means negotiating a commute. A Zillow search yields 63 multifamily units for sale in the Dallas area, with prices ranging from $485,000 for a five-unit residence built in 1942 to $6.5 million for a new construction 12-unit building.
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