We’d have a regularish house, a few acres (maybe more), gardens, alpacas, chickens. 

Purchase price: $7,800,000 124 unit Garden Style apartment community located near Oklahoma State University in Stillwater, OK.

Good to see a fresh face around.. how much research have you done on property management?

It has 3 units, an additional dwelling unit in the garden level, and 2 garage parking spaces (which I've come to realize are quite valuable where the property is). 

I'm located north of Houston, Owned a Real Estate Mortgage company years ago.....(retired).  Starting all over from scratch... my gray hair is turning back black....LOL.   I'm focusing on buying and selling mortgage n...

We love fresh introductions.. how would you describe your perfect investment property?

If you’re looking to start over in 2025, use our top 20 list as your moving companion guide:1) Katy, TX - 774932) Cypress, TX - 774333) San Antonio, TX - 782534) New Braunfels, TX - 781305) Summerville, SC - 294866) Forney, TX - 751267) Yukon, OK - 730998) Clarksville, TN - 370429) Parrish, FL - 3421910) Kyle, TX - 7864011) Davenport, FL - 3383712) McKinney, TX - 7507113) Winter Garden, FL - 3478714) Saint Augustine, FL - 3209215) Haines City, FL - 3384416) Palm Coast, FL - 3213717) Venice, FL - 3429318) Maricopa, AZ - 8513819) Ocala, FL - 3447320) Fuquay Varina, NC - 27526

Purchased for $139,999 using a mix of cash and hard money, we revamped it with modern updates, including a new kitchen, flooring, and fresh paint.The property rented for three years, generating steady cash flow of $450/month.

Target ReturnsWhile target returns are crucial, these should be discussed only with investors—not brokers or others helping you find deals.Sample Investment CriteriaHere’s an example of well-defined CCC:Location: Primary and secondary cities in the Southeast with population growth.Type & Class: Class C garden-style or walk-up workforce housing with repositioning opportunities.Age: 1980s construction or newer (case-by-case for older).Price: $5M–$12M, requiring $1.5M–$3M in funds.Size: 100+ units.Cap Rates: Market rates.Roof Type: Pitched roofs preferred.Value-Add: Opportunities for improvements or better management.Why This MattersBy creating crystal clear criteria, you:Avoid wasting time on deals that don’t align with your goals.Build trust with brokers and partners by demonstrating a focused investment strategy.Increase your chances of finding deals that meet your financial and operational objectives.I'll be posting each chapter as I go through them so you can follow along from my notes and we can discuss different strategies.

It sat on 1.5 acres with lots of garden beds and trees.