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Updated almost 9 years ago on . Most recent reply

User Stats

69
Posts
60
Votes
Steven Loveless
  • Real Estate Investor
  • Sachse, TX
60
Votes |
69
Posts

Fort Smith Arkansas Rental Info

Steven Loveless
  • Real Estate Investor
  • Sachse, TX
Posted

I am looking at possibly purchasing a house from a family member's estate, and need some opinions on the Fort Smith, Arkansas rental market. I really didn't intend to own rental property from a distance, but I may be able to get the house at a significant discount.

The house itself hasn't been updated for some time, so will likely need a bit of work (built in '63 I believe). It is ~1800ft2, in what appears to be a decent part of town just northeast of the 540-22 intersection.

Does anyone have any info on what rental market is like here? Also any recommendations on property management companies or trusted contractors to estimate repairs?

Most Popular Reply

User Stats

150
Posts
32
Votes
Robert Norvell
  • Investor
  • Fort Smith, AR
32
Votes |
150
Posts
Robert Norvell
  • Investor
  • Fort Smith, AR
Replied

I live in Fort SMith. I can tell you about the quality of the area if you give me a bit more detail. I self manage so I couldnt tell you much about the companies. I know Trinity Multifamily is a big name. Also, contractors thus far have been a constant problem for me. Im working with a guy thus far that seems solid, but hes just a 1 man operation. It would depend on what the work is whether ornot he could do it.

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