Hey all - wanted to see if anyone out there has used a DSCR loan for an STR. I have a few STR's all under conventional loans in my personal name (title is in LLC though), which is effecting my DTI/shows up on my credit. I am a high W2 income earner, but need to start buying under my LLC, as event...
Hi I'm very new into this real estate investing. I'm currently reading books and just wanting to chat about the ends and outs in real estate investing and just learn from whoever is willing to talk and teach. Hope everyone is having a good evening.
Howdy! Is there anyone around the DFW metroplex that does Foreclosures on a regular basis, that would be willing to chat with me about it? I've been studying it for awhile now and would like to get some guidance on starting. Thanks! (Also any help on planning how to do rehabs quickly and well in ...
I’m curious how other investors approach a 1031 exchange when the goal is to move away from active property management. Many first-time exchangers naturally look at another rental, commercial property, or a DST. But depending on the facts and circumstances, there may be other real estate-based op...
so i am an agent that wholesales but I'm not able to actually find any ready to go buyers. I'm doing the cold calls , reverse searching ,throwing signs, fb marketing , craigslist and etc.. I just have not been able to make anything stick. i have deal flow for sure just not any conversion. what do...
hello I'm a new agent in DFW that wholesales properties but I'm looking to connect with other like minded people. i know about going to events is there some you know in DFW as well maybe any online meet up groups on like zoom that have regular meet ups?
Currently looking at buying a duplex in the Fort Worth area. I have 1 rental property at the moment. I am wondering if I should do a DSCR for the new property, that will cash flow vs a conventional. Is DSCR simply worth it for the convenience and the fact that I will likely refinance in 5 + years...
A cost segregation study was performed on this single family home in Fort Worth, TX purchased in 2023 with a depreciable cost basis of $272,633. The home is 1,841 square feet and was constructed in 2009. The use of the accelerated depreciation strategy helps real estate investors to reduce the ta...
View report *This link comes directly from our calculators, based on information input by the member who posted. I would plan to house hack this duplex for one year and then move out and convert to long term rental. I understand the cash flow and cash on cash returns aren’t very high at first on ...
How do investors find property managers? And are investors interested in hiring a property managers?
Anyone else doing virtual wholesaling / novations nationwide? 5 years in with Elite Property Buyers, working deals remotely across TX, LA, IL, KS, ND, AZ, NC, SC, PA, NY, MS and growing. Would love to connect with others in the space and trade notes — lead gen, contract structuring, remote closin...
I'm curious how experienced investors evaluate smaller development opportunities before deciding whether they're worth pursuing. For those looking at infill lots, small subdivisions, or land opportunities for a handful of new construction homes, what are the biggest factors that make you move for...
Just wrapped up our first deal which started in 2021. We wanted to house hack but couldn't afford the rates. So we bought land that no one else wanted. Purchase $244,620 for 12.88 Acres ---- 15yr 5.625% with 20% down ---- Ag Valuation with crappy ag tenant. Approx $18k rollback taxes if developed...
I just purchased a duplex in Texas with the assistance of RTR. The RTR platform is awesome giving you great choices in different markets. Zach Lemaster the CEO has created an excellent platform and tied up with various builders in different markets with best prices and incentives not otherwise av...
Hello friends! I am nearing completion on my first BRRR remodel. I have a 4/2 with a flex space in Haslet. I have been through the required training from Tarrant County Housing Authority in case I want to make this property available to voucher holders. My question for the community is can you sh...
2021-built duplex, two 3bd/2ba units, small town about an hour south of Fort Worth. Listed at $375K, both units leased at $1,650/mo each ($3,300/mo gross). Pre-approved conventional 30yr, 5% down, 6.625%, PMI. We submitted an offer last night at $335,000, asking the seller to vacate one unit for ...
Looking for advice and opportunities around the Fort Worth area. Very new too real estate investing. Ready to learn and chat
Hello, I am looking to get into the real estate world and was wondering if any company was hiring at the moment? I want to learn the industry so I'm open to a home building company, rei, leasing, etc. Please let me know if you know of anything!
Hi everyone, I'm currently 21 and work for my dad at a small family business. My brother and myself have been wanting to get into real estate investing for the past while. We are located south of the DFW metroplex around 1 hour away. We found a duplex in the local area and have preapproval and ju...
I’m 28 years old and looking for some advice from investors who have been where I’m at. Right now, I own my first investment property, which was a house hack. My fiancée and I are getting married soon, and we’re planning to sell her house. After the sale, we expect to have around $200,000 in equi...
Hello, I’m planning to do my first fix-and-flip early next year, and I’m curious about the best way to properly vet lenders. How do you determine whether one lender is better than another beyond just the terms they offer? Thank you!
Hi all! Newbie here. I just purchased my first rental property and am in the process of looking for a good PMC to manage it. I spoke to 3 PM companies, 2 of them being RE brokers and property managers. This is my first time using a PMC, so I'd really appreciate some help from all of you. Here are...
Hey Community, I am in the process of conducting my first owner financed deal in Texas. I had a couple of questions about structuring the contract so it is beneficial for all parties and was wondering if there is someone with experience in that area. I am a real estate agent and can use TREC prom...