All Forum Posts by: Dean West

@Kenneth McKeown thanks Kenneth, I can certainly appreciate that Dallas has many neighborhoods (and even areas within them) which might favor one goal over another.  We have tentatively chosen Dallas-area as our first market to dive into as it seems to qualify for the signs of a healthy market (population growth, business/landlord friendly, etc).  Now that we have chosen a market, we need to further narrow our scope to a neighborhood to set our sights on and do as much research from afar as possible before we fly over to visit in person.

We are trying to find a fixer-upper single-family home (under $200k) in a B or A neighborhood within a 30 - 45 minute commute of major employers with the goal of rehabbing to bring up to rental market value and holding for the next 30 years.

Hi all, My wife and I live in California and are looking to invest in single-family homes / multi-unit properties in the Dallas market (likely utilizing buy-and-hold / BRRRR strategy). I was wondering if anyone has recommendations for good neighborhoods to invest in? (Good schools, decent commute to major employers, etc.) Any advice is much appreciated!

@Larry Fried Thank you Larry, appreciate your response.

Hi,

My wife and I are starting out as real estate investors.  We are based in San Francisco, so we wanted to use a turnkey company to find us property out-of-state.  One of the companies we really like is Roofstock, as they appear to do a lot of the legwork for you (finding, what appears to be, decent rental units, along with calculating all of the financial information).

My question is, has anyone bought through Roofstock before and looked back to see how accurate the Roofstock calculations were (cash-on-cash, turnover repair costs, cap rate, etc)?  I understand the calculations are supposed to give a rough estimate to a potential investor, but wanted to try gauge how reliable their analyses were.

Thanks in advance!

- Dean