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1 October 2024 | 9 replies
If this person holds a sales license, I’d report it to the proper authorities.
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30 September 2024 | 7 replies
Shoot me a PM as I will need to get a bit more info from you to vet this deal properly.
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30 September 2024 | 6 replies
We have strict criteria and only buy if we can properly segment risk.
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1 October 2024 | 9 replies
Many flippers use private investors to fund deals, and structuring the arrangement properly is key to ensuring both sides feel secure.When pitching a private investor, the most important thing is to clearly present the deal.
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30 September 2024 | 15 replies
Looking outside the city proper (Las Colinas, The Colony, Frisco, etc…up around where Universal is going in).
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1 October 2024 | 5 replies
In a lot of cases, there was a drainage system installed but it was not properly maintained and therefore doesn't work.
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30 September 2024 | 10 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
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1 October 2024 | 2 replies
We have never lost a single case in court, and most cases don’t make it to court because the offending tenants know that we have well-documented evidence and understand the proper procedures to prevail.
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30 September 2024 | 12 replies
Properly scheduling inspections for HVAC systems, water heaters, septic.. etc, is vital to minimizing emergencies.
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1 October 2024 | 24 replies
The fact they are complaining online might be an indication the property manager dealt with them properly so be sure to ask the manager for their side of the story.7.