All Forum Posts by: Bridgette Smith

@Anna Brown Hello Anna, I'm a newer investor in the Dallas area and would be highly interested in a group such as this. In addition to a wide array of REI topics; I'd be interested networking and holding each other accountable on goals.

Joe and Drew, thank you both for your quick responses! Drew, in particular expanding on Joe's initial comment (as I was going to request more detail...).

I suppose I wanted to be sure I wouldn't fall into a situation where my ability to conduct business is adversely impacted should a central contract not work out. However, I do see your point Drew, in that what sense would it make NOT to leverage in these situations.

Thanks once more!

I''m beginning to start working on building out my 'Power Team' (REI attorney, REI friendly realtor, Property Mgmt., etc.). In some preliminary discussions I had, in particular with attorneys, they have pointed to the ability to use them as a resource to connect to other Team members. For example, either in-house or through direct relationship, I could rely on them for realtor, property management, mortgage broker, etc. I am curious to know how others have built out their teams and if you usually try to consolidate this (finding all other Team members through a central connection) or look to diversify so as not to have all your eggs in one basket (in the event something goes sour with the central connection)?

@Ryan Blake Thank you!

@Ryan Blake Hello! I’m a new investor in the DFW area and really appreciated this thorough breakdown of local meetups. By chance, are there any virtual attendance options for any of these you’ve listed?

@Chloey M.

Those are good points I hadn’t thought of and would be curious to know the response as well @Elizabeth Klingseisen !

@Elizabeth Klingseisen

Thanks so much for this information! I’ve already downloaded the list and will start going through it.

@Justin Schreibeis that’s great direction, thanks Justin!

@Justin Schreibeis

Thanks for the tips! To your point on properties with above average appreciation, how do you determine this? Is it a set number or percentage? Or, does it vary depending on property and/or price?

Hello! I am in the very early stages of my REI journey (literally 2 months in). I'm consuming TONS of information but think I have narrowed down my initial strategies to produce both short term (wholesaling) and long term (rental properties) outcomes. In regards to the latter, I am curious on the process of conducting a market analysis for rental properties. This of course being separate from analyzing a property to identify if it is a good deal. Before this, how do you even identify areas to look in? Especially when you are operating in a densely populated (and probably saturated) market like the DFW area? Is there a target range for cash flow? What about neighborhood characteristics? What are some other criteria that would be apart of this analysis?