All Forum Posts by: Adam Roberts

Welcome to the team, Jeff

I bet @Joe Delia will have a solid opinion on this thread.....

@Karen Margrave Thanks!, we actually used to live in Orange County. Loved it there, miss it a ton!

Hey @Joshua Dorkin sorry for late RE... was travelling in Canada past few weeks. Pictures below! (including first maintenance work, mailbox)

Legacy Texas is also a good one... They are in Grapevine and Fort Worth. We currently have business accounts with them and the experience has been great.

Welcome to the team, Chris. Keep your eyes peeled for the next DFW meet up, we just had one last week. They are great for getting out and meeting other BP team members.

I really like neighborhoodscout for data such as that.... careful, sometimes the data is an aggregate and not always 'accurate' (I've found appreciation rates to be inaccurate in some neighborhoods on this site).

I agree with @David T. , you will be able to influence that vacancy rate. Not a deal breaker in my book.

Just another thought... perhaps you are part of, or can attend local real estate clubs. This is where I tend to get a feel for the 'data' that I see on sites like neighborhood scout.

where did you get the stat, and what in your opinion is causing it? Not familiar with the neighborhood, what are the neighborhood demographics?

That deal with 8% vac assumption looks very good. 17% not as good but not terrible.

welcome to the team Paul -this is a great community.

Side note - I grew up near Philly (Lansdale) and go back to visit a few times a year, it's a great place for sure.

Agree with all - I am seeing a lot of loan appraisals fall thru on the smaller apartment buildings as well. Seems to be only the cash transactions occurring in some neighborhoods.