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All Forum Posts by: Patrick Pendley

Patrick Pendley has started 0 posts and replied 55 times.

Post: Property manager in Austin, Texas

Patrick PendleyPosted
  • Investor
  • Waco, TX
  • Posts 59
  • Votes 32

Look for a Property management company that are members of NARPM. Michael Francis with Rollingwood is in Austin and Would be a good choice. I have one property manger at my company that manages in Austin as well. 

Post: First Property Rental

Patrick PendleyPosted
  • Investor
  • Waco, TX
  • Posts 59
  • Votes 32

I have about 160 rent house in Waco and another 40 in Groesbeck, mostly lower end. I manage for another 200 or so, in Waco, Ft worth area, Austin. I think any area can do well if you buy right etc. Waco is a great Market for rentals as well as Temple. If you find some property in the low to mid 200's in Waco that is rent ready then you are looking harder than I am. The prices here are CRAZY right now! I have low-mid range stuff, I do like that it spreads out my liability. If I own 4 50k houses and 1 is empty then I have a 25% vacancy rate. If I have one 200k house and it is empty then my vacancy rat is 100%. Something to consider. Best of luck to you.  

Post: Waco Property Managers -- Crowdsourcing

Patrick PendleyPosted
  • Investor
  • Waco, TX
  • Posts 59
  • Votes 32

Yes, Me, but I am probably biased. Feel free to reach out to J R Grace Realty. Last I checked I was the only office in Waco where all my people are members on NARPM and I'm the only RMP candidate in Waco. We stand out in 3 ways 1.We do Property Management first, not as an add or or side business to Real estate sales. 2. I am a Real Estate investor myself, so I understand the whole business, financing, leverage, repairs, insurance etc. 3.I have the best PM team in Waco, again since it is our focus, we train, learn, and educate Property Management to our team. www.jrgrace.com 254-777-5577

Post: Tax Sale Purchase... Sell or Hold? Capital gain! Waco, Texas

Patrick PendleyPosted
  • Investor
  • Waco, TX
  • Posts 59
  • Votes 32

I'm in Waco, so thought I would comment, but I can't say anything that hasn't been said already. Good luck to you, and if we can help you out in Waco don't hesitate to reach out. 

Daniel, Hate to see you go, I'm in Waco for the long haul, reach out to us if you are needing property management for your property here. 

Post: Wholesale Purchase Price

Patrick PendleyPosted
  • Investor
  • Waco, TX
  • Posts 59
  • Votes 32

Is the city involved, tagged, what color tag? makes a huge difference. Address?

Post: Property Management Recommentation Waco, TX

Patrick PendleyPosted
  • Investor
  • Waco, TX
  • Posts 59
  • Votes 32

Post: Waco Texas investors! Let's connect

Patrick PendleyPosted
  • Investor
  • Waco, TX
  • Posts 59
  • Votes 32

I'm an Investor, Broker, Property Manger etc. in Waco. It's a great town!

Post: Waco Market (starting out)

Patrick PendleyPosted
  • Investor
  • Waco, TX
  • Posts 59
  • Votes 32

Jacob, feel free to reach out, I'm an Investor, Broker, Property Manger etc. I have an agent in my office that could help. I have never used Hard money so I can't help you there, but I have dealt with just about every local bank in Waco. Look us up at J R Grace Realty.