Therefore, I don't have a percentage for you, but we shoot for $300-$400 per unit. I

What are the most important tasks that you know you need complete each day in order to achieve your monthly & yearly goals?

I'm also in the North Dallas area, and your goal is easily achievable.

The majority of markets that have high appreciation (specifically west coast) generally do not achieve 1% in monthly rent. 

I am in a similar position, learning all that I can, and figuring out my next best steps to achieve my goals this year.

It is important to strike a balance between debt and equity to achieve the desired level of leverage and optimize the returns from real estate investments.In the next post we will cover ‘Income projections’ for financial analysis.

Having people with the same drive as you can help you achieve your goals even faster.

See if you can get rents at or above 700-750 a unit. I

An empty unit is always better than an occupied unit that doesn’t pay their rent.

After I watched this video I decided to ask ChatGPT the keys to building a $100 Million multifamily real estate investing business (coincidentally I am writing a book on this topic)ChatGPT's Answer:There are several key factors that can contribute to the success of a multifamily real estate investing business:Develop a strong business plan: This should include a clear vision for the company, as well as specific goals and strategies for achieving them.Build a solid team: Surround yourself with knowledgeable and experienced professionals who can help you identify and acquire quality properties.Focus on a specific market: It can be helpful to specialize in a particular type of property or geographic location, as this can allow you to build expertise and become a go-to source for investors in that area.Invest in high-quality properties: Look for properties with strong potential for appreciation and cash flow, and be willing to put in the time and effort to make necessary improvements and updates.Utilize effective marketing and networking: Network with other professionals in the industry and use marketing strategies such as social media and targeted advertising to attract potential investors and buyers.Manage properties effectively: Proper property management is crucial for maximizing the value of your investment and ensuring the success of your business.Continuously look for opportunities to grow: Stay up-to-date on market trends and actively seek out new investment opportunities to continually grow and expand your business.This is a pretty good answer, and frankly it's amazing when you step back and consider that this service is brand new and 100% free.AI is going to change real estate investing, along with every other industry.