All Forum Posts by: Denver McClure
Denver McClure has started 1 posts and replied 553 times.
Post: Midterm Rentals in Dallas-Fort Worth

- Financial Advisor
- Dallas, TX
- Posts 596
- Votes 466
Quote from @NA A Hovey:
Quote from @Denver McClure:
Hey @Mo Karim, I've had a very positive experience operating a MTR in Dallas. I converted my STR back in December to avoid the newly increased Hotel Occupancy Tax (9% monthly) and to cut out my STR PM (10%/monthly). I used furnished finder and keycheck to find tenants, screen them, and collect rent/security deposits.
I now have a 6-month lease signed with a tenant, am avoiding higher vacancy during this recessionary period, cut out 19% of expenses, and have far less headaches. I strongly recommend flexing into the MTR strategy, especially if you already have a furnished STR ready to go.
How many bedrooms do you have and what has your vacancy rate been like?
Did you only post on FurnishedFinder or did you use other platforms?
Hey @NA A Hovey, my MTRs in Dallas 1 and 2 bedrooms. Vacancy rate is actually less than 2% in 2025, and 3% in 2024. That's because I actively list the unit on FF while a tenant is already in there. So, that vacancy time comes during the 1 week gap I schedule after a move out to do make ready cleaning and repairs. I also run my 4 bed lakehouse on FF and have done VERY will with that strategy during the offseason. Only listing on FF as I don't have to worry about fees on my side or the guest's side with Airbnb or other platforms. Just use a quality lease and set them up in Baselane or something similar for rent collection and tenant screening.
Post: Is It Technically Possible to BRRRR a House Hack?

- Financial Advisor
- Dallas, TX
- Posts 596
- Votes 466
Hey @Brice Peterson, yes it is possible. I've done it twice with my FHA and VA loan before! Feel free to DM me, we can chat about the process and I can share my lessons learned.
Post: Understanding property taxes

- Financial Advisor
- Dallas, TX
- Posts 596
- Votes 466
Just sent your a DM @Drea Na!
Post: Advice on extra insurance

- Financial Advisor
- Dallas, TX
- Posts 596
- Votes 466
A smaller $1M Umbrella should work fine, just depends on the value. @Stanley J Black should be able to help.
Post: Looking for Advice on Mid-Term Rental Strategy in Sacramento, CA

- Financial Advisor
- Dallas, TX
- Posts 596
- Votes 466
Hey @Srey Leth Timmer, I use FurnishedFinder for my MTRs, and it's been very successful for me. Regarding management (rent collection, accounting, tenant screening), Baselane has been excellent so far. Feel free to PM me sometime. We can chat about lessons learned and tips that might help!
Post: Where Do I Start?

- Financial Advisor
- Dallas, TX
- Posts 596
- Votes 466
Hey @Eric Hill, fellow vet here. Feel free to reach out anytime, happy to hop on a call and help anyway possible.
Post: Anyone ever heard of Point HEI?

- Financial Advisor
- Dallas, TX
- Posts 596
- Votes 466
Hey @Account Closed we are very familiar with Point. They've done a great job for our clients who need an HEI product, or just want to compare it directly to a HELOC. Feel free to PM me if you'd like more feedback on them.
Post: East Texas Introduction - Local Insurance Broker Recs?

- Financial Advisor
- Dallas, TX
- Posts 596
- Votes 466
@Jeff Nash is local and can help!
Post: 1031 and crowdfunding?

- Financial Advisor
- Dallas, TX
- Posts 596
- Votes 466
@Chris Seveney yes sir. DSTs require a licensed intermediary (RIA or BD) to ensure compliance with various securities laws. That RIA or BD is required to sign a selling agreement prior to advertising the DST to their clients as we are the Fiduciary performing due diligence and ultimately providing the recommendation on which DST(s) to roll with for an exchange or cash investment. That being said....there are a few DST providers that try to get around this by being a BD themselves so the can advertise directly to clients. Not going to name names on that one.
Ultimately, investors need to know two things when it comes to the difference of an RIA and BD. I recommend speaking to each before making a decision.
1. Do you have access to the entire DST Market, or are you only authorized to sell certain DSTs from specific providers. This leads to the question of "can this fiduciary recommend any type of product, or just the one they are allowed to sell".
2. What is the difference in starting equity when using a BD vs an RIA. BDs are typically compensated with a 5-7% commission, while RIAs (that specialize in DSTs) usually charge a consulting fee for services. By doing so, RIAs may be able to pass on that commission (5-7% that BDs make), onto the client as a gross-up in equity.
In summary, it's best to speak with an RIA and a BD before making a decision on any DST.
Post: 1031 and crowdfunding?

- Financial Advisor
- Dallas, TX
- Posts 596
- Votes 466
Hey @Pixel Rogue, that might occur if you are not represented by an Investment Advisor (RIA) or Broker/Dealer (BD). For example, as an Advisor I have full access to share the offering documents, sub agreements, and most importantly the PPM with the client. DST providers actually are not allowed to share that directly with the consumer due to compliance reasons.