All Forum Posts by: Olusegun Samuel Oyebode

Hello everyone, I need help with getting a good deal.

I am a new in Real estate investment and working on my first investment property.

I have educated myself by reading many books from Biggerpockets and I have watched several videos/podcasts.

I have been approved by a lender for a conventional $300K loan. 

However, my review of several potential students' housing deal in Arlington TX 76013 zip code gave me negative numbers with Biggerpocket's calculator. The properties are valued too high that the best confidential rent does not justify cashflow.

Any clue of what I may be doing wrong? Is th is nature of the market we are in?

Also, any tips on best possible approach I can take.

Thanks

Sam

I currently live in Fort Worth, TX which is about 1 hour and 30 minutes to Waco TX. So house hacking will not be possible for me due to my workplace and my family of five also lives in Fort Worth. What I am looking for is finding a good deal of a house that I can possibly repair, and also learn as I go through this initial work. So am putting together a great and trusted team to help me at Waco. Thanks

Thanks a lot. I will be reaching out to some of you directly

Hello everyone, I am new to Real estate investing and I am particularly interested in student housing in Waco TX-due to the affordability (for me) of the prices of the properties in Waco. I have read about "Baylor Bubble." and am wondering what is the particular area it covers? Also, I will need some direction to this local market. Anyone with directions will be highly appreciated.

I am thinking of buying a 4-bedroom property that has some potential for student amenities. What should be concerned about?
What are some strategies I should consider?
Thanks in advance.