I really like the Nokomis area a lot - if you're looking at holding onto this one as a rental for a while, I'm sure you'll see some nice appreciation in the coming years too.Just curious, but did you do the full renovation after closing on it, or did it come pretty much turnkey for you? 

A good number of homes in the surrounding area have been renovated and are fetching $260k+ in SP....however I'm having a hard time trying to price mine for market.

I love what Baselane is doing with their platform and even happier with surveys like this.

Or hang out at places where people with money go, i.e. nice hotel bars, nice restaurants, country clubs, etc.

But I have started to take my real estate endeavors serious over the last year and my studies much more serious over the last 5 months and although I may not be ready, I am ready and eager to take that leap of faith and try and put what I know into affect with the right people and obtain my first property in the West Texas area via House Hacking or a buy and hold deal within the next 60-90 days. 

I am not a veteran but I love hearing different speakers.Welcome to DFW.

We know being an landlord is a job, but if we hold it for long time, it can be a decent income.However, now we are thinking since the interest rate for our sfh is 6.375%, why not sell the townhouse and pay the principal of sfh?

My reason for this post is to hopefully find a mentor to work with to get me started on this adventure into the real estate world.

When thinking about depreciation it's not about when you buy the property, it is when you "put it into service."

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