Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 6 years ago,

User Stats

100
Posts
48
Votes
Jessica Muto
  • Investor
  • 32211
48
Votes |
100
Posts

[Calc Review] - Arlington TX - Help me analyze this deal

Jessica Muto
  • Investor
  • 32211
Posted

View report

*This link comes directly from our calculators, based on information input by the member who posted.

Hello BP,

My husband and I own a plumbing company in San Diego, CA, and are working on becoming real life real estate investors as well as business owners. Our area is a tough market, so we've been looking in other states, and Texas came up as potentially a good market. I've got a real estate agent sending us small multifamily listings as they come up, as we are looking for at least a duplex for our first investment. I've run a lot of these listings through the calculator, using information from local insurance people, property management people, the Tarrant County property tax estimator, and rentometer, and I must be doing something wrong. Even with prices that to my California eye seem really good, cash flow is barely adequate and often in the negative, mostly due to the property tax (I think.) Can you veterans see anything else I am doing wrong here?? 

Thank you in advance - Jessica 

Loading replies...