All Forum Posts by: Rao B.

Hey everyone, I have inventory of over 30 off market properties per month in North DFW that I can get in front of you for free. Just message me if you're interested. I do the sourcing for you and my job is to get these deals in front of you 

First and foremost, thank you for taking the time to read and for any help you can provide!

Background:

My wife and I current live just East of Dallas in a single-family home (past 2 years). We have a pretty decent chunk of equity in the home along with 60k saved. We both have stable income from full-time jobs (2+ years). We both have credit scores of 750+ with no college debt and only 1 car payment right now. 

After spending much time & energy becoming more financially literate and learning the basics of REI, we are interested in pursuing our 1st rental property deal in the DFW market! We are wondering what advice we can learn from experienced investors, agents, lenders, etc. here on the BP network and to know if we are even in a position where we can comfortably get started.

Would love to network with and learn from any local professionals that can provide any guidance & assistance. I would love to be of help back to you in any way that I can. 

Thanks all,

Preston Henman

Hi! I’m Elijah, I’ve been interested in real estate and investing ever since I was introduced to it at 13 years old. I’m currently 17 and will get my real estate license as soon as I hit 18. I would love any advice when it comes to obtaining my first small deal! 

How did you find your first deal? Is there anything you would change? How do you prove a deal is profitable to a co-signer?

Thank y’all so much I hope you have a great day!

Wanting to know what everyone is charging to run background checks for validating tenants. This includes income & asset verification, tenant's credit, criminal, and eviction reports. RentRedi has integration to handle this, but at $50 for the income & asset verification and $40 for the  tenant's credit, criminal, and eviction reports, that seems high to me. Is it expected that a tenant is going to pay $90 for this? I haven't rented in about 7 years, but if I remember correctly, it was $50 at that time. Just looking to see if this is the expectation nowadays or am I way off on having RentRedi handle this for me. 

Hello

I am new to real estate. I am interested in dallas market. Looking for a property in a good school district (B+) with lower property tax. What areas would you suggest? Cashflow in the initial years is not important but breaking even would be great. 

 This is why investors from around the word have been and are still buying here for the last 12 years or so.