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14 February 2024 | 6 replies
If you take a look at my previous post, I am brand new to real estate investing, although I have had a great career in both the creative and technology industries in NYC.I'm currently looking to purchase a single or multi family unit as a long term rental, and am exploring 4 markets - DFW being one of them.After a healthy amount of research, I am ready to dive more into the area, and would love to first connect with realtors who have a lay of the land (no pun intended), or anyone else who has a few minutes to shed some advice on what you're seeing in the area.Looking forward to connecting.Dylan you can still buy lots for sub 100k and we can put 3-4 units stacked on a .1 acre parcel with density of around 30-40 dwelling units through what's called a council use variance. takes a bit longer than buying but we build with 20% equity typically and target lots based on that price range.
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14 February 2024 | 5 replies
Hey @Robert Alexis - I'm assuming based off of your previous post history that you're the buyer in this scenario.
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13 February 2024 | 37 replies
I have been leaning more Montgomery because of the military base and would like to rent to military with the better up keep and responsibilities they have.
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12 February 2024 | 18 replies
"Maximum bid" is based on the value of the property, from comps or however you choose to derive that value.
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12 February 2024 | 5 replies
Northside, The Fan, Jackson Ward, Church Hill.
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16 February 2024 | 31 replies
Since you're based in Los Angeles and looking for more budget-friendly markets, you might want to consider states like Arizona, Nevada, Texas, or the Midwest, which generally boast lower property values.
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14 February 2024 | 2 replies
The electric company remounted the entrance cable, but told me I am responsible for repairing the damage to the feeds and meter bases.
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14 February 2024 | 9 replies
It’s all based on the numbers and your long-term goals.
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14 February 2024 | 24 replies
He's bought over a dozen single family properties over the years (for vacation homes mostly) and he said every single time he just called the listing agent directly and got it done.I know most people generally frown upon this because the buyer agent is supposed to help get a better price, negotiate based on issues w/the house, etc.
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14 February 2024 | 31 replies
Hey @Robert Johnson, so 3k net cash flow is doable but that will be based on your purchase price.