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Updated almost 5 years ago on . Most recent reply
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Looking to hear from my Dallas Fort Worth Metroplex Investors
Hello, everyone ..
Hope you are all safe and sound within your homes with your families during this crazy time, but while i got you looking on BP Forums i was hoping to get some feedback from buyers in the DFW metroplex specifically on certain criteria that you look for when investing in homes, i was planning on networking with some fellow investors at our next REI gathering but unfortunately given the circumstance i figured it'd be a while before i could do that soooo i jumped on the next best thing.. If you have the time and are willing to answer a few questions that would be much appreciated, below are some general questions i'm hoping to get answered to better understand and serve investors in the marketplace.
. Where in the DFW metroplex do you like to invest in and why?
. What percentage buy formula do you use when purchasing a property, is it 65 percent of ARV lower or higher?
. What percentage do you aim to make on your ROI if you plan on fixing and flipping?
. What type of homes do you like investing in?
. What criteria (outside of price and the obvious conditions) helps you determine if its a good investment or not?
. And finally what do you wish to see more of in the coming years in the market place?
Again any of these questions answered would help greatly, i appreciate any effort in advance and i hope to hear from you all here soon.