I am new to Bigger Pockets and have decided to invest in the Dallas/Fort Worth as my market. I am an out of state investor so I am building my team to hopefully BRRR my first property this year. Any recommendations for contractors and property management companies would be greatly appreciated.
Property Manager · Keller, TX · Member since 2011 · 1k+ posts · 1k+ votes
7y
Robert Clark with PMI Premier is a solid manger that understands working with contractors. I know he owns a sfh portfolio that he used the BRRR model. I can pm you his info if needed.
Attorney · Dallas, TX · Member since 2016 · 5k+ posts · 2k+ votes
8y
I really should find an old post which addressed this. do you have parameters for your project? Budget? Loan? Timeline? Risk profile? Return?
Until you have all that ready, then get an agent, the rest of your team will come as you are prepared for those steps, but right now you're wasting people's time by not having any specifics nailed down as to what type or location for your PM or contractor. I can recommend a $75/month PM thats all digital or a $200/month that will have a book of contractors and charge you accordingly, very different products.
Hi Ronald! Thanks for the feedback. I'm looking in Forth Worth for single family residences (B or above) between $100k and $150k using conventional financing that can cash flow and have 15% - 20% equity once rent ready. I would appreciate your project manager referrals. Especially the one with a book of contractors.
Hi Ronald! Thanks for the feedback. I'm looking in Forth Worth for single family residences (B or above) between $100k and $150k using conventional financing that can cash flow and have 15% - 20% equity once rent ready. I would appreciate your project manager referrals. Especially the one with a book of contractors.
You're going to be hard-pressed to find B or above SFRs in Fort Worth at that budget in good rental neighborhoods. Those are 2014 purchase numbers.
Property Manager · Keller, TX · Member since 2011 · 1k+ posts · 1k+ votes
7y
Robert Clark with PMI Premier is a solid manger that understands working with contractors. I know he owns a sfh portfolio that he used the BRRR model. I can pm you his info if needed.