All Forum Posts by: Jerry Tello

Hi again @Charlie Morales. I personally love living in Arlington. Even though I am not a fan of big cities. I have found it to be a fantastic location because it is centrally located. 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 and tour if you find yourself out here.

 Well said @Arlen Chou

@Arlen Chou

HI @Derek Nemec, this looks to be a property that is not going to be cash flowing because it does not have enough room for the repairs, cap ex, vacancy rate, and property manager if you are looking to outsource that. Regardless what helps me determine whether or not to buy a property even if it is break even or slighlty under is the location. the location is great if its a safe neighborhood, great schools nearby, job diversity (white and blue collars), and shows signs of growth. Hope this helps!

Yes absolutely get really good at analyzing properties and identifying what is a deal and what is not. Also beware of what city you do it in. some places like Arlington have designated areas for Short Term Rentals (STR). I'll be happy to answer any questions you might have about the area or how to find deals.

Hi @Charlie Morales. I am currently investing in Arlington, Tx. I am focusing on Long term rentals in well established areas. What strategy were you looking into for Arlington. The strategy you wantt to use will determine where in Arlington you should look to buy. 

Welcome to the Real Estate investing world @Shannon Glanton. I started investing in SF Buy and Holds and continue to invest in Single Family Buy and Holds. Single Family does have a lower barrier to entry meaning there is a lot more competition, but it is still possible to find deals. You just have to stick with it and love it like everyone has been mentioning. To taking opportunities!

@Dimitra Shamlin Sounds like it is time to begin a new journey. I am a huge fan of Arlington and surrounding areas. I will be happy to answer any questions you might have about real estate investing or the local market. I am a local investor and realtor. Currently doing some work in Fort worth as well. Interested to hear what your plan is and what strategy you are looking to implement. 

Awesome! I am in the DFW as well. Arlington to be exact. Let me know if you have any questions on Return on Equity or DFW I'll be happy to answer. 

Hey Alfredo, I was in a similar situation not that long ago. I have a rental property in Oceanside, CA that I opted to keep and hold. I chose to hold because rents have become more favorable for landlords. I personally would assess if this property is worth holding by calculating not only the coc return on investment, but the return on equity as well. What this does is help you identify if your property is better to continue holding, sell, or refinance. Assuming you have better deals lined up. 

As far as what I invest in is anything from Single Family up to 20 units in Multi family.

Where in Texas are you lacated?

Hey Elias, 

The DFW in Texas is has plenty of Markets worth investing in. I personally moved from California to Texas to fast track my investing. I think moving is a good call, but I personally would focus on one market instead of two.