All Forum Posts by: DP Patel

@Walt Payne I am going with Conventional loan with 20% down. But, I have no contigencies in my offer. So, most of my offers were within a day, but I guess as @Sebastian Gast also mentioned, I might have to start looking for some alternate lead generation in hot market like DFW. Other than Pocket listing and Lead Generation, do you guys can think of any other approach?

@Mehran K. I just listen your prod cast today, bro. Great to hear from you...

@Sebastian Gast Thanks for response. When you mentioned about pocket listing, does BP has some short of listing also avail or are you talking about some other place? Lead Generating campaign will be other thought I have but I thought that might be more for flippin (Motivated Seller type of campaign).

DP

@Paul Timmins Thru my some podcast and forum read, I have heard a lot on above two books on flippin and rehab estimate. Thanks for the mention.

@Philip Magee, I am also new to BP and REI side from Dallas, I hope to meet-up somewhere in future.

@Anthony Armstrong, From other post did you got to try some REI in DFW?

Hello BP'ers,

I am new to BP as well as REI side. But my primary focus is on Buy-and-Hold property as a starting point to generate cash flow. I have been looking SFH (Single Family Homes) in North Dallas area thru MLS listing and RE agent. (Main focus is on: 3 bedroom, 2 bath, attached 2-car garage, under 2000 sqft, 0-20 years old), I have seen many properties and put an offers on 3 homes (Almost near to listed price), but seller has decided to go with other buyer. Also, with my short experience, I have realized that these single family homes are going under contract within a day-or-two. With my more reading on BP, I have realized that the contract is not only going for first-time home buyers but there must be investor like me, who are looking for a investment property.

Am I doing something wrong on these offers or is DFW market is too hot for this type of < 2000 sq ft properties under $175K? So far, I have looked only one avenue thru MLS listing for buy-and-hold, but I am sure my friends on BP must be using a different ways (other than MLS) to acquire these type of properties… Any help on finding these avenues are greatly appreciated…

Thanks a bunch…

DP

Hi BP folks,

I am newbie from DFW (Dallas/Fortworth) area. Really thankful for this wonderful site and proud to be a part of this. I would love to exchange my knowledge and also hopeful to learn a lot from all of you folks...

Have a wonderful week..

DP