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All Forum Posts by: David Ferrette

David Ferrette has started 24 posts and replied 255 times.

Post: Finding Leads

David FerrettePosted
  • Developer
  • Austin, TX
  • Posts 263
  • Votes 109

I am a relative new investor looking for leads in the North Austin, TX area. I currently own one buy and hold home in Georgetown and another in Round Rock. They are both single family residences with 3 bed 2 bath. I am looking to pick up 2 more this year and at least 2 more a year going forward after that.

I live in Southern California but I have an Austin Realtor/Property Manager that I am happy and already working with. I am not looking to replace them, I am just looking for ways or people to generate leads.

Any advice on the best way to reach out to lead generator or "bird dogs" in the North Austin area would be much appreciated. Also, what is the rate someone typically pays for a lead that turns into a home purchase and under what conditions do lead generators negotiate there services?

Post: Buyers Tactics

David FerrettePosted
  • Developer
  • Austin, TX
  • Posts 263
  • Votes 109

When putting in an offer on a property, what tactics do you use to get the offer accepted? 

One suggestion I have heard is that the seller has until the end of the day to decide if your offer is acceptable.  This way they can't just sit around waiting for more offers.  But this can also backfire if you really want the place and they are willing to hold out.  

Any suggestion would be appreciated...

Post: Excel Spreadsheet for Expenses & Tax Prep

David FerrettePosted
  • Developer
  • Austin, TX
  • Posts 263
  • Votes 109

I know I am following up on an old post but this forum forum topic came up in my google search.  The site below has a great excel file you can download for free:

http://www.fastbusinessplans.com/business-template...

Post: North Dallas Rental Property

David FerrettePosted
  • Developer
  • Austin, TX
  • Posts 263
  • Votes 109

Thanks everyone for the comments.  Our plan was to look around the McKinney area.  Does anyone have thoughts on the towns of Anna and Denton.  I know they aren't near each other but they have lower entry prices with decent rent ratios.

Post: North Dallas Rental Property

David FerrettePosted
  • Developer
  • Austin, TX
  • Posts 263
  • Votes 109

I am looking to buy my first REI property in the North Dallas area. I am an out of state investor and I would like to get advice on the best cities/neighborhoods to purchase in for a long term buy and hold. I am already working with a Realtor but I would like to get advice from the Bigger Pockets community.