Torrance, CA · Member since 2016 · 4 posts · 2 votes
Hi BiggerPockets,
I'm a newbie to investing out of state. My husband and I will like to begin our real estate investment journey; by investing in small multiunits. We are reviewing markets that we would like to invest in. Dallas, TX is one of the markets we are looking at.
We will be visiting Dallas in the next couple of months. Can anyone recommend a property manager and real estate agent; who has experience with investment properties in Dallas TX.
Go to IREM.org search for ARM certified property managers. Call 5 ask them what they see expenses running per category per unit. What do they see them selling for per unit, what is the market occupancy rate. What are the market rents? Ask them if they know anything coming up for sale. Great way to pick up some good info and possibly a deal.
You can also search NARPM.org for the RMP (Residential Management Professional) and MPM (Master Property Manager) certified.
The local REIA club in Dallas would be the source of referrals, you can also check out the local Landlord Association meeting.
Thank you so much for your response and help. This is a wealth of knowledge that you provided me. I will ensure to look at those websites and contact the local REIA. Your help is much appreciated. Thank you again.