
31 October 2024 | 2 replies
We should have a lot less residential development being delivered in the next 1-4 years, which should shift the supply and demand for long-term residential and should have increased organic rent growth in the future as we saw from 2017-2020, but counting on that as an investment strategy probably isn't the best idea.

3 November 2024 | 15 replies
I like 38109 but you have to know the neighborhoods down to the streets.

4 November 2024 | 9 replies
It was the owner of the house and a couple of neighborhood teens who handled the demo and clean up.

30 October 2024 | 28 replies
In this particular situation the rents were guaranteed by a local organization that placed the ex-convicts so that was a nice setup.

2 November 2024 | 1 reply
Southern border of the land is Wilson Creek (a large, well established, full time creek with old growth trees)Approx 1 acre of non-recoverable flood zone along length of creekTwo small ponds on the property, which can be filled in to utilizeSmall neighborhood to East of property line with utilities ready and available for project Currently a couple of older homes and barn structures on property (100% liveable and well maintained)Wilmeth Rd is currently expanding down the block to a 4 lane road which connects to Highway 75 in McKinneyLarge developments are underway within a 1/2 mile to 3 miles out radius<4 miles to Costco, ChickFilA, WholeFoods, Cinemark, major hospitalAT&T Fiber and Atmos Gas at front of propertyA water well can be run, if desired, or tap into the city's water (currently on city water and has large main at front of property)A CE firm has drawn up plans for a small, 12 home, 3/4 acres development.

1 November 2024 | 8 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

4 November 2024 | 24 replies
We don't have any in HOA neighborhoods.

30 October 2024 | 5 replies
What is a good software to use to keep inspection,rent collection organized Thanks

31 October 2024 | 19 replies
Normally you need to find a bread and butter B class neighborhood to make money in real estate.

31 October 2024 | 7 replies
They are a .org organization.