All Forum Posts by: Amber Saulsbury

@Garrett Diegel

Best of luck, feel free to message me if you want to know more about the Fort Worth area in general. I lived about 30 minutes outside of there until 3 hrs ago.

@Melissa Nash

Thank you! I would say I’m probably most interested in cash flow. Unfortunately it doesn’t appear that anywhere within a few hours of me works well for that so I’m considering out of state options. Thank you for the input, I’ll message!

@Garrett Diegel

Hi there! I know nothing about the other markets. As to Fort Worth, I am sure there are still deals to be found but properties have gone up greatly over the last 7 years there. Also, make sure you check the property taxes as depending on the area they can be pretty hefty. I love the area itself but just because of pricing I am checking into other areas.

@Loni Louise Bernard

Thank you!! I will do that. I know nothing about the area but have heard it mentioned a time or two as an area to look at. I appreciate it!

@Mike D'Arrigo

Thanks so much for the input, and yes I would definitely like to hear more regarding your areas of preference and reasons.

I really think how many properties I could purchase for cash would depend on the area, but I plan on more than just a few and do not wish to buy low end properties with a lot of issues.

As to leveraging instead of purchasing cash, that seems to be the advice so far. I am guessing that is for the long term, and using the tenants to pay the mortgage off and counting on property appreciation? Because otherwise isn’t the interest just eating into your cash flow if you don’t have to mortgage? Sorry, I guess I’m just having a hard time grasping how taking on debt if not needed will help me. I am guessing appreciation? Otherwise why would I not buy say 5 properties cash pocket the income and save for more, sorry, having a hard time wanting to take on debt 😬

@Thuy Twee Nguyen

Hi there! Thank you! I’ll do some more online searching too! We should connect, I would love to hear how things go as you get started as well! Yes, I would love to keep my money in my home state, just have to see if it will make sense for me. Thanks again!!

@Brian Gerlach

Yeah, unfortunately nothing very close by, and the more stable areas are pretty hot markets from what I know. But I’ll keep searching. Completely agree with you, that’s the biggest thing and why I’m starting to do my research and ask for advice, definitely don’t want to loose money. Thanks again!

@JD Gunter

Thank you!

@Brian Gerlach

Thank you!! I appreciate the input! I guess the only thing that makes me nervous here is the next oil down turn the housing prices will follow. That and to be in the better neighborhoods here the price of the house vs rent to actually keep someone a while don’t seem to work well. Although, I just started looking and am probably not looking in the right places for deals. Also not sure I want to stay in Midland for too long. Thank you for the input, it helps!

@JD Gunter

Thank you! I appreciate the advice and I’ll check into possibly leveraging more. As to the BP calculator, how do I find it on here, sorry very new to this community. Thanks again!