All Forum Posts by: Matt Solis

There are services that provide the numbers (mojo, REDX, vulcan7 etc). You can also check FSBO listings on Zillow and see if you can find a phone number of the property owner.

Not sure if this has been mentioned yet, but have you considered a bank statement loan? Would need 2 years of bank statements. 

As far as finding a seller financing deal, I would get your hands on some phone numbers of FSBOs, expired listings or absentee owners in the area you’d like to invest. Do some research on scripts and go to town on cold calling to find a deal. 

The hardest part is the amount of hours you need to invest to be successful, e.g., educating yourself, finding good deals, building relationships with others in the field (including contractors), finding tenants, managing the rentals, not to mention the amount of time you’ll spend just thinking about real estate investing! For me it’s been a very “active” investment, but so fun and so worth it.

I would suggest you find a CPA that has experience working with clients that invest in real estate. They can best advise you on how to structure your business.

Hey Austin, congrats on your first house hack! I use apartments.com for applications (which includes background check, credit report and eviction history). I also use apartments.com for creating the lease and collecting payments. I would suggest paying for the utilities yourself and baking it into the rent, rather than trying to split the utilities evenly every month. Good luck!

Yo Samuel! I house hack in Arlington and would love to connect. I’ll send you a DM.

Hey Jacob. My thoughts:

- The best contractors I’ve found have been through the recommendation of other agents in my network.

- You get what you pay for.

- Set up a draw schedule and stick to it.

@Daniel Schlittler Sign me up! I’m a new investor in the DFW area. I have properties in Plano and Arlington. Would love to expand my network.

@Charlie Morales I own a SFH near UTA campus and it does very well. Arlington has lots of room for appreciation still.

@Brandon Craig Have you looked into off market deals? There’s a bunch out there where the numbers make sense if you’re willing to buy something that needs work.