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Charles Moore
  • Investor
  • Lake Forest Park, WA
35
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108
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Texas Full service investment companies?

Charles Moore
  • Investor
  • Lake Forest Park, WA
Posted Sep 22 2016, 10:42

Hi, all.

Can anyone recommend a full-service investment company in the Dallas-Fort Worth market? By that I mean a company that will acquire and sell to me a distressed property, handle rehab I pay for, and then provide good leasing and property management in-house afterwards?

I'm looking for either single family or multifamily in B class or better neighborhoods, with homes that don't have that clay under them that causes foundation issues. I want to find real estate valued at $260K or more to make a 1031 work when I sell a current property a few months from now.

Not looking for turnkey that sells at retail prices, but for properties I can build appreciation into with rehabbing that will allow me to refinance latter on to follow the BRRRR strategy. Thanks!

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Rogelio Rosales
  • Investor
  • Round Lake Beach, IL
5
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26
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Rogelio Rosales
  • Investor
  • Round Lake Beach, IL
Replied Sep 23 2016, 11:23

You could try Dallas invest. I haven't done business with them but they are a part of Memphis Invest with Cris Clothier.

http://www.memphisinvest.com/turnkey/dallas-texas

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160
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Brandon Richards
  • Real Estate Agent
  • Forney, TX
77
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160
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Brandon Richards
  • Real Estate Agent
  • Forney, TX
Replied Sep 23 2016, 11:26

2020REI. We have acquisition, hard money, brokerage, consulting hedge fund.

2020REI 

H & R Acquisitions 

3L Finance 

Elevate PRIVATE Capital 

Investable Realty 

DFW Investors 

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137
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Dan Shoemaker
  • Rehabber
  • Keller, TX
20
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137
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Dan Shoemaker
  • Rehabber
  • Keller, TX
Replied Sep 24 2016, 02:12

Definitely give Ryan Bowers with Prime Properties Realty a call.  They specialize in what you are looking for.  They are also fix and flip and owner finance investors.  To me, that's important - anyone can spend someone else's money... But because they are also investors, they have a vested interest in doing good work in the community.

PM me for his contact info or go to www.pprtx.com

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Andrew Herrig
  • Rental Property Investor
  • Dallas, TX
262
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502
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Andrew Herrig
  • Rental Property Investor
  • Dallas, TX
Replied Sep 25 2016, 07:58

@Charles Moore I think you are going to have a hard time finding properties in DFW that aren't on expansive clay soil. It's just a fact of life here - everything has or will have foundation issues.

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Chris Soignier#5 Coronavirus Conversation Contributor
  • Real Estate Broker
  • North Richland Hills, TX
607
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Chris Soignier#5 Coronavirus Conversation Contributor
  • Real Estate Broker
  • North Richland Hills, TX
Replied Sep 26 2016, 01:06
Originally posted by @Andrew Herrig:

@Charles Moore I think you are going to have a hard time finding properties in DFW that aren't on expansive clay soil. It's just a fact of life here - everything has or will have foundation issues.

Andrew is right. You're looking in the wrong market if you don't want to deal w/ foundation issues.

  • Real Estate Agent TX (#663230)

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User Stats

108
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35
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Charles Moore
  • Investor
  • Lake Forest Park, WA
35
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108
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Charles Moore
  • Investor
  • Lake Forest Park, WA
Replied Sep 26 2016, 06:39

thanks to all of you! I'll explore other markets as well now.

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Chance Housos
  • Investor
  • Sachse, TX
66
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223
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Chance Housos
  • Investor
  • Sachse, TX
Replied Sep 26 2016, 07:13

 Just my 2 cents, foundation issues are not a big deal. Just get 2 or 3 bids. It's not as major as it is in the north.