I have decided in investing in Arlington TX for MTR/STR.

Dallas, Texas
Medium-Term Rentals
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I have decided in investing in Arlington TX for MTR/STR.

Ab Okoeguale
Member since 2019 · 35 posts · 4 votes

Hi House.

I have decided toinvestments. Luxury 2bed 1bath condo in Arlington TX for the MTR investment strategy. I am interested in hosting Transplant patients,TNs ,Medical professionals, PHD STUDENT'S, working professionals etc.

Do you think it's a wise decision, this is my first investment.

1Reply
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Harrison Sharp
Real Estate Broker · DFW · Member since 2015 · 350 posts · 271 votes
3y
Quote from @Ab Okoeguale:
Quote from @Jeff Nash:

It sounds like a good strategy to me.  Me and @Denver McClure are in DFW if you want to chat and connect.  


 @jeff. .. I will do as advised.  I would need an agent to work with.


 Would love to help you out! Have closed over 65m in sales in the last three years and own a bunch of rentals myself 

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  • Jeff Nash
    Accountant · McKinney, TX · Member since 2023 · 394 posts · 580 votes
    3y

    It sounds like a good strategy to me.  Me and @Denver McClure are in DFW if you want to chat and connect.  

    1Reply
  • Ab Okoeguale
    OP
    Member since 2019 · 35 posts · 4 votes
    3y
    Quote from @Jeff Nash:

    It sounds like a good strategy to me.  Me and @Denver McClure are in DFW if you want to chat and connect.  


     @jeff. .. I will do as advised.  I would need an agent to work with.

    0Reply
  • Jeff Nash
    Accountant · McKinney, TX · Member since 2023 · 394 posts · 580 votes
    3y

    @Harrison Sharp is an agent that you might connect with as well. CPA too so I’m partial!

    1Reply
  • Harrison Sharp
    Real Estate Broker · DFW · Member since 2015 · 350 posts · 271 votes
    3y
    Quote from @Ab Okoeguale:
    Quote from @Jeff Nash:

    It sounds like a good strategy to me.  Me and @Denver McClure are in DFW if you want to chat and connect.  


     @jeff. .. I will do as advised.  I would need an agent to work with.


     Would love to help you out! Have closed over 65m in sales in the last three years and own a bunch of rentals myself 

    2Reply
  • Jamie Banks
    Real Estate Consultant · Reston, VA · Member since 2022 · 513 posts · 521 votes
    3y

    Congrats on taking the first step! Before deciding between MTR and STR reach out to the condo association to determine what type of rentals are allowed. Sometimes HOAs will have rental restrictions in place banning short term rentals.

    0Reply
  • Ab Okoeguale
    OP
    Member since 2019 · 35 posts · 4 votes
    3y
    Quote from @Harrison Sharp:
    Quote from @Ab Okoeguale:
    Quote from @Jeff Nash:

    It sounds like a good strategy to me.  Me and @Denver McClure are in DFW if you want to chat and connect.  


     @jeff. .. I will do as advised.  I would need an agent to work with.


     Would love to help you out! Have closed over 65m in sales in the last three years and own a bunch of rentals myself 

    Which strategy of investments do you do in the DFW area???
    0Reply
  • Ab Okoeguale
    OP
    Member since 2019 · 35 posts · 4 votes
    3y
    Quote from @Jamie Banks:

    Congrats on taking the first step! Before deciding between MTR and STR reach out to the condo association to determine what type of rentals are allowed. Sometimes HOAs will have rental restrictions in place banning short term rentals.


     Thank you ,I would need some guidance from you.. maybe we should connect. 

    0Reply
  • Harrison Sharp
    Real Estate Broker · DFW · Member since 2015 · 350 posts · 271 votes
    3y
    Quote from @Ab Okoeguale:
    Quote from @Harrison Sharp:
    Quote from @Ab Okoeguale:
    Quote from @Jeff Nash:

    It sounds like a good strategy to me.  Me and @Denver McClure are in DFW if you want to chat and connect.  


     @jeff. .. I will do as advised.  I would need an agent to work with.


     Would love to help you out! Have closed over 65m in sales in the last three years and own a bunch of rentals myself 

    Which strategy of investments do you do in the DFW area???

     rent by the room, long term, and short term 

    1Reply
  • Bruce Lynn
    Real Estate Broker · Coppell, TX · Member since 2011 · 5k+ posts · 4k+ votes
    3y

    @Ab Okoeguale Better checkout out the Arlington STR regulations. They are very strict and allow only in a small geographic area. I don't think there are any condos in the designated area.
    https://www.arlingtontx.gov/ci...

    Basically it is an area near the stadiums.

    0Reply
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