All Forum Posts by: Carlitos Irula

Hello All,

We are looking for investor friendly agents in the Grayson County area to help with our expanding fix and flip ventures. Thank You!

@Joseph Gozlan

 Thanks for that info, we are considering the multifamily units.

@Michael R.

 Thanks for the advice, we're currently shopping around for the best rates.

Hello everyone, So my fiancé and I have decided to buy a modest home to move into from our current apartment. Our goal is to buy our first home within 6-12 months and buy a rental property possibly a year thereafter. For some background we live in Frisco, Texas where the market is blowing up but my question is whether anyone has ever heard of or dealt with getting financing through hometown heroes. In addition, being a newbie I'm struggling with how much to put down on our first home with the goal of trying to purchase a rental property within a year after our first purchase. Any ideas? Thank yall Carlitos

May not be able to attend the May meetup but definitely interested. Thank you all for setting this up. 

I am new to the forum and the investing but it would be great to meet local investors. I am interested.

@Lance Phillips

 Yea I just moved to this area but I feel like its an exciting time to be a real estate investor. Best of luck!

Originally posted by @Andrew Herrig:

if you are looking for cash flow, I would look at "inner ring" suburbs such Richardson, Garland, Farmers Branch, etc. These tend to be older houses, but they cash flow better than those in Frisco/McKinney areas. A lot of investors target Garland and Mesquite. You should be able to find something in the 1.3-1.5% rent/price rule range. 

 Nice, thanks for that information @Andrew Herrig

Originally posted by @Lance Phillips:

Thank you all for the welcoming replies. I'm looking forward to learning from y'all and sharing my knowledge. Feel free to contact me with any questions about the Texas multifamily market!

 Hey @Lance Phillips, 

I'm new to the forum as well but I am curious to hear your take on the Dallas multi-family market. I have noticed it's really hard to get your hands on duplex in the north dallas area, but I havent been searching for too long. 

I've noticed there's a good bit of investors in the Dallas area and was looking for some advice as I start with my first rental SFH. I am not opposed to looking within an hour or two drive from where I currently live, which is borderline Plano/Frisco.

 If someone could share their experience in this area, I'd greatly appreciate it.