All Forum Posts by: Dustin Davis

@Leigh Jones nice to connect with you earlier... to answer this question I think you've got to really sit down and determine your strategy. Long story short I'd say that a 3/2 is easy to rent and easy to turn and in the end with a SFH will get you the most return in appreciation for your $ when you sell... HOWEVER... personally I love 2/1s, 2/2s, and especially 1/1s... if you've got the discipline and processes in place for managing them they will yield more $$$ in cash flow than the 3/2. Plus they maintain rent and are easier to turn during a recession. Not to mention during a boom they tend to demand more $ per sq/ft than a bigger home... I'll give you an example you can relate to... I've got a 4/2 SFH off Gulley Park that rents for $0.90 a ft ... super nice and a hot area... 1/2 mile away off Green Acres I've got a building the same size holding four 1/1s getting $1.90 a ft with similar finishes. The 1/1s are easy leasing with massive amounts of applications... the 4/2 takes a special group/fam and therefore way less applicants. In the end you've got to figure out what type you enjoy and what leases in your area... hope this helps.

D

Yes sir, follow @Ryan Blackstone as he posts them now. 

@Colton Looper keep a look out for @Ryan Blackstone posting about our local meetup. It's always a good conversation and great way to connect to people who are out there really making things happen. 

@Chris Sparrow I'd be happy to chat investing anytime you want advice on the local area... Shoot me a PM and I'll give you my #. 

@Ryan Blackstone ... Just noticed... 2 years?! Where does time go???

@Nel Landerito I'd be curious at what you're seeing as well... I've got my own thoughts and they closely align with @Michael Ward s assessment ... Way too much A class and not enough B&C which is pulling up D and pushing B&C rates up. It's a quickly changing playing field so be conservative when you buy. 

@Chris Sparrow ... I'd recommend Elevation Property Management out of everyone around. They seem to have the processes down and I know the owner and where he wants to take the business... Continuous Improvement is in their DNA. That being said we still self manage roughly 170ish units, one location we hired an on-site manager/maintenance guy but he helps in other aspects of the business as well. Other than the one mentioned above, I've had conversations with a lot of property managers and none have yet to impress me and give me the feeling that they will take care of my property the way I want it. Something I might pitch to you and @Marlina Eckel is looking into an annualized maintenance program company and continuing to manage the financials and communications remotely. Annualized maintenance would do the quarterly inspections, take care of all the needed seasonal maintenance, as well as provide a local handyman service to take care of any service issues. If this interests you shoot me a PM and I can point you into the right direction. 

Good luck and happy hunting! ;o)

It's every month. 

@Jose Escobar Wednesday at 6 PM

Tags: Rogers, Springdale, Bentonville, NWA, Arkansas,

People: @Henry Washington , @Jonathan Boyd , @Kelley Weir,@Ryan Blackstone , @Susan H. , @Paul Younger@Diane Stinebaugh@Holly Hamilton@Jorge Rios @Jackie Perkins @Lacy Langley @Michael Ward@Jeff Ahern@Bill Fugitt@Devon C.@Lucien Gautreau @Josh Vines @Teague Anderson@Zack Thomas@Andrew Cosby@Breanne Lancaster@Mike Wood@Randy Thomason @Jessica Hawkins

Sorry for the short notice but it's been a busy month! This month we are moving BACK to Puritan Uptown!!! Come snack, drink a craft brew, and talk real estate with active investors! I hope to see everyone there !!!

ADDRESS: 

Puritan Uptown
3959 N Steele Blvd
Fayetteville, AR 72701

@Jeff Ostrander I think it depends on your expectation. The REIA is more structured and class like... BP meet ups are all networking and Q&A...