New to Real Estate · Fort Smith, AR · Member since 2022 · 2 posts · 0 votes
Hi Everyone,
I'm new to the Fort Smith area, but I have a general idea of the desirable locations, but what I'm most cautious about is the rent-to-value percentages. I'm looking to make a purchase on duplex or 3/2 SFH within the next year and keep growing from there. So my main question is have you guys been able to raise rent enough to match the initial purchase price? Or, has there been an increased need to negotiate down to make the numbers work?
Also, is north of Rogers getting any more desirable/developed?
New to Real Estate · Fort Smith, AR · Member since 2021 · 8 posts · 6 votes
4y
Hey Eric, I'm also in the Fort Smith area investing and on my second house hack currently. I have been able to successfully raise the rent in the past year. I work for a glazing company in the area as a salesman so I get to see upcoming projects and new developments coming into the area. Let me know if you have time someday and we can meet up and see how I can help you. Also, welcome to the Fort Smith area.