All Forum Posts by: Jerry Tello

Investment Info:

Single-family residence fix & flip investment.

Cash invested: $40,000

Beautiful home in Lake Worth near the lake with a pool. Less than 10 minutes from downtown Fort Worth and major attractions.

@Pedro Yang Those areas you and Ronaldo Marion just described are the rougher parts of Arlington. Between i30, i20, Fielder Rd, and 360. With the exception of Pantejo and Dalworthington Gardens, these are nicer parts of town. I can give you a better break down on a map. Let me know if you have any more questions or would like to go more in depth, I will be happy to help.

Awesome @Hector Valadez

I peronally determine if a market is desireable by looking at the city and neighborhood itself. I look for job diversity, blue and white collar; popultation growth; business growth; school ratings; and pride in ownership!

Hope this helps.

 Hi @Selina Gruden, like mentioned above licenses are not required for all trades. Most of my contractors are not licensed. But be sure you also work and handle those relationships accordingly. 

Hi @Christopher Murphy, its always a pleasure to meet a fellow Texan. Especially here in the DFW area. I am located in Arlington, Texas and would be happy to connect. 

Welcome @Tad Fallows. Good to hear that you are crushing real estate investing. What are your plans moving forward? continue investing in the premium locations mentioned? or perhaps expand to a different market or even upgrade investments?

I personally love living in Arlington. I have found it to be a fantastic location because it is centrally located in the DFW area. It is beneficial to be centrally located in the DFW. It is also home to the entertainment district where the Rangers and Cowboys play making it a hot spot for tourist. We also have Six flags and various shopping centers. I will be happy to give you a deeper breakdown of Arlington if you still wanted to invest here. What strategy are you looking to use out here? @Isaias Velasquez

@Jacob Flores The average cost will depend on what area specifically but will be no less than 300k for small multi-family on the MLS. All other questions are dependant on whether it is a STR or LTR.

Yes the market is still showing strong appreciation. 

Weather is only a wirry if its extreme and a potential threat in your area to help you determine if you should include an additional insurance policy. 

I would be happy to help you understand the market here if you are still interested in investing here.

@Sean Bramble Like everyone has been saying. Find a great agent or someone you have vetted and trust to be your boots on the ground. A great agent who knows the market, has a resourceful network, and invests in the market themselves are important to look for in anyone aiding you with acquisitions for out of state investments. I would be happy to help you understand the DFW area Market. 

@Peter Bocian A lot of the Historical Districs are begining to be revitalized. I highly recommend you look deeper into what is going on in the historical districts of both Dallas and Fort Worth. I would be happy to show you the area and talk more about specific districts like the Historic Southside of Fort Worth. I can talk to you about some of the work going on and the planned  development projects for these areas.