Just Starting - Has Rent Caught up to Home Prices in AR?

[Eric Hofbauer]

Hi Everyone,

I'm new to the Fort Smith area, but I have a general idea of the desirable locations, but what I'm most cautious about is the rent-to-value percentages. I'm looking to make a purchase on duplex or 3/2 SFH within the next year and keep growing from there. So my main question is have you guys been able to raise rent enough to match the initial purchase price? Or, has there been an increased need to negotiate down to make the numbers work?

Also, is north of Rogers getting any more desirable/developed?

Thanks!