All Forum Posts by: Chuck Culpepper

Thanks guys. I have a multi-family residential property that I'm considering doing this with. Looks like legal costs will be the only real expense.

I’m looking for legal advice on potentially condominiumizing a rental property in Jackson, MS.

Any input or recommendations is appreciated.

Thanks

Chuck

Thanks for the tips guys. 

What are some of the better websites for browsing bank owned properties? Many i come across require paid subscriptions, which I'm ok with. I just want to make sure I'm getting a good product. I'm mainly searching in the DFW and North Texas area if that makes a difference. Thanks Chuck

would love to hear your thoughts after your visit 

Thanks for the advice. As I haven't made that leap into land lording yet, I'm not sure how much "head-ache" I'm willing to put up with. 

Is it completely insane to intentionally start with a property that you think will have difficult tenants? Not just for the stronger cash on cash return, but for the work and learning experiences that will be forced on me?

I've been following the MLS and see several duplex deals in far east Dallas (south of I30 and west of I635). They've been selling at 10% cap rates. It's not a very nice area so there likely won't be much appreciation but it looks like they cash flow pretty well. I'm focusing in this area because it's seems to be a happy medium of affordability and not a complete dump.

Does anybody have Duplex advice in the Dallas Fort Worth Metroplex or specifically the area I'm looking in? Looking to make my first investment and would love a successful one.

Thanks

Chuck