All Forum Posts by: Todd Keith

Thanks, @Michael Le. Good information. I don't have access to Costar, but it looks useful. How would you rate their data compared to Marcus & Millichap's Multifamily Investment Forecast?

https://www.marcusmillichap.com/research/researchr...

Hello BP, 

Outside of calling a local broker, what sources are useful in determining the current multifamily CAP rate for class B/C properties in the DFW metroplex?

Thanks, in advance, for your help,

Todd

@Leandrew Tirrell - What ever happened with this deal? I'm looking at a similar property in Texas. 

Hi Spencer. I just accepted it.

Let me know if you have any questions.

Thanks

Cashflowing 4/2/2 in Balch Springs that is already rented out at $895 a month. The tenant has been there for years, pays on time, and would like to stay. Lease expires 09/30/15. 

• 14707 Oakwood Lane, Balch Springs, TX 75180, USA (Map)
• 4 Bedrooms/2 Bathroom/ 2 Car Garage
• 1637 sqft
• Built In 1966
• Stories:1 Single Family Home
• A/C/Heat: Central AC
• Exterior Walls:Bricks
• Roof: Shingle
• Foundation: Slab
• Misc: New dishwasher, recently replaced roof, recently replaced AC.

I don't have photos of the interior/exterior yet, but will be glad to get them if you're interested in this property.

I have attached comps going back two years for 3 and 4 bedrooms properties of comparable size and age in the same neighborhood.

Viewing: Please contact me at 972.835.7705 (text-capable) to view the property.

Can provide comps. Other 4/2's within 1/4 mile sell for 100K on average.  

Anybody interested in Balch Springs, Texas? As I understand it, they feed into the Mesquite ISD. 

Welcome to BP, Jeb. 

There are still good deals to be had in Dallas. Most of those come from connecting with the sellers directly. There are also good wholesalers out there who can help you find those deals. 

Have a great week, 

Todd