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All Forum Posts by: Andrew Schmidt

Andrew Schmidt has started 6 posts and replied 17 times.

Post: Lawyer w/ STR exposure

Andrew SchmidtPosted
  • New to Real Estate
  • Dallas
  • Posts 17
  • Votes 5

Hello again Dallas BP! 

Does anyone know any real estate lawyers in the DFW area with experience in short term rental contracts/insurance? I'd like to cross all my t's before speaking with potential clients.

Thanks for reading!

Post: RE Attorney: Dallas / Fort Worth Area

Andrew SchmidtPosted
  • New to Real Estate
  • Dallas
  • Posts 17
  • Votes 5

@Andrew Postell thank you as well

Post: RE Attorney: Dallas / Fort Worth Area

Andrew SchmidtPosted
  • New to Real Estate
  • Dallas
  • Posts 17
  • Votes 5

Thank you @Kyle Mccaw for that TREC contract tip

Post: Real estate attorney referral in Dallas, Texas

Andrew SchmidtPosted
  • New to Real Estate
  • Dallas
  • Posts 17
  • Votes 5

@Ronald Rohde, I am also currently looking to build a mutually beneficial relationship with an investment-savvy attorney in the DFW area. For now I have insurance questions with regards to subletting rentals from owners. Do you have experience in this area? Thank you for your time.

Post: Broker/agent recommendations for small MFR (1st house hack)

Andrew SchmidtPosted
  • New to Real Estate
  • Dallas
  • Posts 17
  • Votes 5

Thank you to everyone who replied! To anyone else reading this, apparently the MFH market in the area is pretty tight.

Post: Broker/agent recommendations for small MFR (1st house hack)

Andrew SchmidtPosted
  • New to Real Estate
  • Dallas
  • Posts 17
  • Votes 5

Hello Dallas BP members! I would like to know if you have any recommendations for a broker familiar with the cities in the outskirts of the metropolis (maybe Frisco or Lancaster) to help me find my first duplex, triplex, or quad for my first house hack. 

Side question - I picked those two cities only based on crane watch to find large employer construction. What other methods have you found to be successful to estimate where new jobs will be?

Thank you for reading this! Hope you have a profitable day!

Post: Newbie's Tentative Game Plan

Andrew SchmidtPosted
  • New to Real Estate
  • Dallas
  • Posts 17
  • Votes 5
Originally posted by @Karl B.:

I was going to invest in Killeen, TX but realized it's really hot there months out of the year and I don't like 90-100 degree weather and so I ended up choosing a different market (in Missouri - closing on the first property on the 25th... I hope!).

Congrats! Yeah, Killeen was on my list, too, for a while. Good luck with the Midwest!

Post: Newbie's Tentative Game Plan

Andrew SchmidtPosted
  • New to Real Estate
  • Dallas
  • Posts 17
  • Votes 5

@Aaron Gordy I guess I was wondering how to find properties being sold with alternate financing. I won't be able to use a conventional loan for another few months at least, but I do have funds to play with atm. Is it a question of finding the right RE broker who knows sellers that accept alternate financing?

Post: Newbie's Tentative Game Plan

Andrew SchmidtPosted
  • New to Real Estate
  • Dallas
  • Posts 17
  • Votes 5
Originally posted by @Aaron Gordy:

Also don't forget about VA or seller financing with conventional financing or even hard money loans. There are so many ways to buy a property nowadays. Some of the builders are offering, imo crazy incentives to buy houses from them such as $500 earnest money.

Where would one find opportunities like that? 

Post: Newbie's Tentative Game Plan

Andrew SchmidtPosted
  • New to Real Estate
  • Dallas
  • Posts 17
  • Votes 5

@Bob Norton I will definitely factor that in. Thanks for the tip!