@Nate McCarthy I think this could be a great opportunity if approached thoughtfully.

Early in my ownership, a neighboring property owner approached me about purchasing a 6-acre sliver of my land that was undeveloped.

I’ve been exploring buy and hold opportunities in my area, and I recently came across a situation I’d like some advice on.I’ve come across a property in my area that I’m very interested in, but I want to make sure I approach the situation the right way.

My approach is to take a few minutes per quarter and make sure it is accurate by manually checking my true competition and adjustmenting prices accordingly. 

These methods include: Detailed Engineering Cost ApproachDetailed Engineering Cost Estimate ApproachSurvey or Letter ApproachResidual Estimation ApproachSampling or Modeling ApproachExperience or “Rule of Thumb” ApproachIt’s important to understand the differences between the approaches including which one best fits your property and the reliability of each approach.DETAILED ENGINEERING COST APPROACHThis approach compiles the costs from construction and accounting reports to build a report.

As both a real estate professional and property owner, I bring a unique perspective to the investment landscape in our growing metroplex.My Investment Focus:- Rental property acquisition and optimization- Value-add opportunities in emerging DFW submarkets- Long-term wealth building through real estate- Professional property management and tenant retentionWhat Sets Me Apart:- Dual expertise as realtor and investor provides enhanced market insights- Faith-based approach to business relationships- Strong commitment to property management excellence- Focus on win-win scenarios for investors and tenantsCurrent Objectives:1.

As we wrap up the year and look ahead to 2025, the real estate market continues to present unique challenges and opportunities for investors, brokers, and lenders alike.

McElhannon: I'm curious on peoples go to approach to secure financing for an investment property - use a broker? 

Hey BP,
I’m looking at buying in St. Pete area  after the recent hurricane and was hoping to get some real, boots-on-the-ground insight. How’s the demand looking down there right now? What about insurance—has it be...

Residential property rental: Could this be a scalable and profitable approach, or is it too risky?