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

#129: 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: GetRichEducation.com/Texas Blog Article: Triple Your Equity In Five Years TheRealAssetInvestor.com/GRE HighlandsMortgage.com MidSouthHomeBuyers.com GetRichEducation.com