All Forum Posts by: Fang Underhill
Fang Underhill has started 12 posts and replied 51 times.
Post: What is the next short term rental market ?
- Posts 54
- Votes 13
Originally posted by @Grace Wang:
@Fang Underhill the short term rental market is booming in many places, Colorado being one of them. Denver is doing extremely well, so are mountain towns. Are you asking which places haven't gained much traction yet and expect to?
Thank you Grace for your message. We looked at Colorado too but there is negative cash flow there.:(
Post: What is the next short term rental market ?
- Posts 54
- Votes 13
Originally posted by @Joshua Strickland:
I really like Broken Bow and anything on the Gulf coast of Texas due to its location not being far from major cities in TX. Seems like an influx of people moving in and those people will want a place for a weekend get-a-way.
I am looking at those two locations too.
Post: What is the next short term rental market ?
- Posts 54
- Votes 13
Orlando, Florida; Colorado, smokey mountains ...What do you think the next short term market will be?
Post: Do i buy now or wait?
- Posts 54
- Votes 13
This is a great question. I ask myself everyday too. Nobody wants to overpay for real estate. I am also still learning how to scale up fast. No wisdom or solution. Just want to let you know there is a lot of people thinking like you.
Post: 5 units property in Dallas, TX
- Posts 54
- Votes 13
Can any lender do a 5 units loan? This property has 5 units altogether. 4 tiny homes and one main house (2050 sqft).Thank you very much.
Post: Bought another investment property in DFW area
- Posts 54
- Votes 13
Bought at $157k
Repairs: total $40k (It will have new HAVC, new water heater, with foundation repair, new French drain, gutter with leaf shield, paint the whole house, remove popcorn ceiling, new doors)
ARV: $235K-240k, 3-2,1610 sqft
Rent at $1650-1700
Repairs- foundation ($10k for lifetime warranty or $5500 for 10 yrs warranty interior and exterior piers); painting and removing popcorn $5500, French Drain and gutter; flooring
Austin, are you on facebook?
Post: Dallas Real Estate Investors - Women
- Posts 54
- Votes 13
Originally posted by @Macie Arrington:
@Fang Underhill I am a new investor in the East Texas area. I would love this!
Wonderful! Learning is a wonderful thing ! I am writing on my international journal to learn 30 minutes everyday regardless how busy i am. And i also dedicated 30 minute to biggerpockets everyday too.
Post: How to connect with local investors?
- Posts 54
- Votes 13
How to connect with local mastermind groups? I would love to join DFW meet up groups. I have been investing in real estate since 2013 and is loving it. I am a realtor too and had done flips, funding, rentals and commercial triple net properties. Would love to be surrounded by same minded person and encourage each other!
Thank you, guys!
Post: What is your rental equity expectation?
- Posts 54
- Votes 13
Originally posted by @Michael Noto:
When we are running numbers for BRRRR deals here in the CT market we run them exactly as @Kenneth Garrett has outlined. If we can get our money invested back out in 12-18 months, we pull the trigger.
Nice! Full BRRR is not easy in DFW market but congrats to you!