All Forum Posts by: Johnson T.

Thank @Ryan Olsen .. how would you rate the neighborhood? i'll check them out.

@Harrison Sharp @Nick B. @Bruce Lynn @Matt Bishop @Andrew Postell @Wale Lawal Thank you for the replies and for giving me insights especially from Local TX investors. My strategy is indeed to put 25% down, and try to find properties below 275K if possible, and in a nicer neighborhood. I guess with all these info on hand, i can pretty much conclude and safe to assume that i should expect cash flow starting year 3 and above?

@Harrison Sharp i’d he happy if I can find a cash flow neutraL property :)

@Nick B. thanks for the reply. Any particular pockets / cities that i should pay attention to in Tarrant / Dallas counties? I was advised that Souther part will be more of a C / D neighborhood ?

What fixed numbers would you advised for CapeX and R&M? Thanks

Dear all, I am an out of state investor, trying to really get invest in the DFW market. My agent direct me to Denton and Collin county, in which I think is a great location. As i do my calculations, in which i put 6% on CapEx, 6% on Repair / Maintenance, 2.3% property tax plus the PM fee (8% of gross rent plus full month placement fee), i almost never find any property that is cash flowing (even just a small number). Is this always the case with the DFW market? So, i should just pretty much banking on appreciation? Your advises are greatly appreciated. Thanks

Curious where in AZ would you recommend for cash flow and appreciation? It seems that prices in the greater PHX area have skyrocketed the past 2 years.

Thanks Holly, I'll try to find her. 

@Holly Smith, can you also pass along the info of your lender too? Thanks

Any wholesalers contact(s) that you guys dont mind sharing? Been looking at ATL area for a month now, with no luck.

Amazing map @Jon Schwartz!!!!