All Forum Posts by: Anna Hummer

@Shane Griffin Thank you for your detailed response. You pinpointed my situation well. I pay about 2200 monthly, so reducing that is a big motivating factor. Yes, cash flowing would be ideal, but if I can reduce my housing costs by 50-75% and don't have to concern myself with yearly rent increases while building equity, I'll be happy.

@Kenneth McKeown Thanks. Made a big typo with the zipcode. I meant 75223

My goal is to house hack a 2-4 unit in the 75234 area.
I want to explore all my options, financing and buying wise.
I'm looking to connect with wholesalers, realtors, private/hard money brokers and mortgage brokers who are familiar with the area and are willing and able to work with a first time buyer.
I think I've learned as much as I can from studying, it's time to get out there and learn through experience!

I have no idea about that, but I am curious about penalties for tax-delinquent properties in Dallas. I found one that's been delinquent for 22 years! What are the regulations around this and where do I learn them?

@Kyle Mccaw What makes Dallas unfriendly to landlords? Can you please elaborate? I'm looking to house hack into my first rental and staying within Dallas city limits has always been part of that plan.

Went driving for dollars for the first time and a handful of the addresses I looked up had unpaid taxes, one going back 22 years, and totaling about 60% of the appraised value. That one in particular looked clearly abandoned with the mailbox overflowing. At what point is property repossessed by the city? Or does that happen? Curious as to the laws around this situation to see if it's an opportunity for a deal on an off-market property. Would owners ever go for a deal where I pay the tax bill to get the house? Can I make a deal with the city? What is an effective strategy in these situations?

Quest Trust Financial has Lunch and Learns every Wednesday at 12 and there's networking opportunities at the end of the presentation when people get up and present their deals. Most people there are either already involved in real estate or looking to find good returns for the 401ks and IRAs.

Hello, I'm brand new to real estate investing and located in Dallas, TX. Hoping to test the waters with a more experienced partner.