All Forum Posts by: Anita Oakley

I have found the president of the Dallas RE Investors Assn, Cathy Crowe-League.  I look forward to a long and productive relationship with her.

I'm not sure what the protocol is here in regards to soliciting representation, so I apologies in advance and welcome redirection. I am in need of a great agent/broker (for multi-family) in the DFW area. Can anyone make a suggestion?

@Marylynn B. 

I am also a big fan of being highly leveraged. This strategy allows for more dollars to be out there working for you instead of being trapped in the walls of a structure. I understand the desire to want to have property paid off too though, it just doesn't make sense for me. 

@Marylynn B. 

For buy and hold, I have had success with Loopnet. 

Done!

@Joel Owens 

Yes, 600,000 would be my max. I am willing to consider a partnership. I've been involved with NNN in Houston (Starbucks) and didn't care to have the terms of the lease dictated to me by the lessee. This is the concern I'd have with a retail strip center, that and I don't have any experience with this type of investment. If the return wouldn't be strong, I wouldn't want to consider it.

@Joel Owens 

Would you suggest some other option then? Or is this endeavor still feasible in your opinion?

@Account Closed 

I wouldn't anticipate a problem with any of that.  Are you in a position to forward information to me?

@Joel Owens 

Full recourse is fine.  Property management would obviously be the way to go, and is what I planned.  

@Jordan Decuir 

My intention was to begin with a SFR. The random real estate agent that I contacted (the name on the sign in the yard) redirected me. This was in the 90's when the market was flooded with REO's. With the money I had, I was able to purchase a 6U building in Gardena, CA for $395,000. I still have that building today, it is probably worth around $1.3-ish. I have refi'd it twice, pulling money out to finance my daughters college education and also to purchase another investment prop. I don't have a whole lot of equity in the building, but it's cash flowing great now (rents were $650 when I bought it and now are $1750), so it's still one of my favorites! That random RE agent that I contacted has been my go-to-guy for all these years too, he's held my hand through every CA transaction I've ever done.