All Forum Posts by: John Larson

Check out my latest article on Forbes for some great advice! https://www.forbes.com/sites/forbesrealestatecouncil/2017/11/15/five-goal-setting-tips-to-real-estate-investing-success-in-2018/#2b46bc9b3239

Properties in that price point are not meant to be good cash flow properties. Some of my investments only net me $150 per month after all expenses including month P&I payment. That being said, the homes are in highly desirable and high appreciating areas. I consistently attract good tenants and easily keep the homes leased. Tenants are responsible and take good care of my homes. I'm thinking about refinancing a couple right now and taking that equity to buy more even though I will be buying at the top of market value in today's sellers market. I'm fine with that though, rental properties are a volume based model. I'll just keep collecting until it's time for me to retire in 30 years.

Vera Herlihy PM me for more info on our fees and what should be expected. I can definitely shed some more light on this. A 3rd party inspection is a must and should always be an option for the buyer no matter who you are working with.

@Jim O. I'm in 2 out of those three markets. Let me know if you would like to have a chat. Happy to help point you in the right direction if I can! 

I own a real estate investment company in Dallas. I invest in SFR nationwide, retail flips in North Dallas and build luxury homes in the Park Cities. My office is always open!

$20k markup seems pretty high. Trust me, if anyone knows there is a possibility you may pay a markup on a turnkey home it is me. BUT $20k over market is STEEP (even in today's sellers market). There are A LOT of "turnkey" companies out there. Believe it or not their are some that are ethical and are not trying to make a killing on one sale. The good guys make money based on volume, repeat business and residual income from professionally managing the assets. If you work with the right group you can save money by piggy backing off their acquisition model and standardized rehab process. The right turnkey provider will also save you something more valuable than money....TIME.

I have a good CPA in the Dallas area who is a client of mine. PM me for contact details.

Colony American

Thomas, we are big cash buyers here in DFW. We have been investing in this market since 2011. As you know inventory has been harder and harder to come by. Our main model is rentals but we do flips in the north Dallas suburbs also. I would like to connect you with my acquisitions team to review your inventory. 

I would like more information on this deal.