All Forum Posts by: Mark S.

Hey @Brian Mainake welcome to BP.  I hope you find BP as great of a resource as I do.  There is a ton to learn but there are a lot of people who are more than willing to help you reach your goals.  I am having a meetup on Tuesday 6/21 at 5:30p at the Shops at Legacy in Plano if you are interested.  We are meeting at Pepper Smash, usually we have a goo mix of local investors from Plano, Dallas, McKinney and some of the other surrounding areas.  I hope to see you there!

https://www.biggerpockets.com/forums/521/topics/32...

@Gregory Lawrance Welcome to BP!

Hey Lisa, we are meeting at 5:30p at Pepper Smash in the Shops at Legacy.

I hope to see you there!

Hi @Lisa Marie it is next Tuesday the 21st!  I hope to see you there

@Robert Melcher You are totally right, the rental market is becoming increasingly tight with both HOI and taxes...  To be honest right now I am only looking for flips in those areas.  The property values are making it too hard to get cash flow.  

The rentals I have had better luck with were out in Sherman.  Last year my property taxes actually decreased.  I cant imagine trying to do rentals in Plano.  It would definitely be some tight margins...

@Bob E. Since we are talking about recession, I wanted to offer my two cents or at least get some input.  I think one of the things with the DFW housing market you have to take into account is who is moving into it.  Most of the people coming into the area are from California or the East Coast.  Granted prices have greatly increased in DFW over the last ten years but we are still well below the averages of people from these two areas.  When I talk to transplants moving into Texas they are amazed at how cheap it is.  Personally I think the fact that Texas is still cheaper than California and the East Coast should help to allow property values to rise in the Metroplex.  At least until some level of equilibrium is reached with where people are moving from....  At the end of the day real estate tends to be so localized it is hard to make overarching assumptions.

I do agree though in the broader scheme the problems with the European economy and the Feds reluctance to increase interest rates do not bode well for the macro economy 

The price increases do make it tough on investors who want to cash flow on rentals, but it does seem the rents are increasing along with the home values, just a little more slowly.

@Zack Niemeyer

@Mindy Jensen Thank you so much!  I just put the address in the comments, I am guessing that is the right place.  I didn't see a way to go back in and edit the event.  Thank you so much for your help!

Here is the address for Pepper Smash in the Shops at Legacy.  Please let me know if you have any questions.  I hope to see you there

Pepper Smash Cocktail Kitchen - Plano Shops at Legacy

7200 Bishop Rd, Plano, TX 75024

Thx @Mindy Jensen

How do I change that?  I cant even find my event anymore....  can I just create another one for Plano?

Random question, I am not sure where to post this.

How are the events listed on the events forum. it looks like most of the events at the top are past events.... My event is at the bottom but only one of the few upcoming events for the area.....