All Forum Posts by: Jeff Richardson

DFW has deals, you just have to either source the deal yourself or sign up for as many wholesaler's lists as possible and weed through the bad deals.

I would check with a syndication lawyer they can write up a PPM that gets you what you want. 

In order to pay him 10% interest, you'd have to get a minimum of 19% COC of his investment to make the cashflow needed just to pay the $1,660/ month payment .

How much cash flow are you expecting to pay off a $100,000 loan at 10% interest in 7 years?

Bryant, that’s an excellent plan, it only took my wife and I 4 years to accomplish this, so I’m sure you’ll be able to get it done much quicker than you think, let me know if you have any questions.

I did the exact same thing, the best way I knew to get leads is to tell to everyone you know that you’re an agent and ask them if they know anyone looking to buy or sell.

Roland, I have used the BRRR method to cover our living expenses with a total of about $100,000 invested and then reinvested in the DFW and Houston markets over the course of 4 years, it requires very little time. Let me know if you have any questions.

DFW and most of Texas have very landlord friendly laws, that is one of the reasons I prefer to stay in Texas when investing.

We use lifetime tax in DFW, very well versed in real estate investment tax.

@Dominique Taylor

Any time, I live at basswood and 35 in north Fort Worth.