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All Forum Posts by: Vernon Watts

Vernon Watts has started 3 posts and replied 71 times.

Post: Wholesaling Houses Mastermind Meetup DFW

Vernon WattsPosted
  • New to Real Estate
  • Dallas, TX
  • Posts 86
  • Votes 19

Hi Sandra

I'm just now seeing this posting on Hedge Funds and how it can help Real Estate Wholesalers with their deals. I like to know more about getting connected to this process. I know I missed the meet up but, I hope to be involved with the next one that fits my schedule.  

Post: New Member Introduction

Vernon WattsPosted
  • New to Real Estate
  • Dallas, TX
  • Posts 86
  • Votes 19

Hi Dylan

Welcome to the BP family, since I found this forum, it's been nothing but helpful. You'll  find what you're seeking here if you're diligent enough to put some time in your research. Stay tune and happy hunting.  

Post: Where to buy and hold in north Dallas with kids.

Vernon WattsPosted
  • New to Real Estate
  • Dallas, TX
  • Posts 86
  • Votes 19

Hi Zachary

For the price of $250k, take a good look at Mesquite, Tx. You may find some small deals in that range in Richardson as well, but they go really fast. N.Dallas is hard to find MF properties for under $450k.

Post: Investors in Dallas!

Vernon WattsPosted
  • New to Real Estate
  • Dallas, TX
  • Posts 86
  • Votes 19

Hi Amaris Smith

I will send you a email about the property today on this platform, so we can correspond.

Post: Buying Multifamily in Dallas- Finance Question-House Hack

Vernon WattsPosted
  • New to Real Estate
  • Dallas, TX
  • Posts 86
  • Votes 19

Also it's off the market

Post: Buying Multifamily in Dallas- Finance Question-House Hack

Vernon WattsPosted
  • New to Real Estate
  • Dallas, TX
  • Posts 86
  • Votes 19

Hello guys

I have one house in a very nice neighborhood in N.Dallas. 4beds 4baths Duplex $450k. If this fit criteria, and you want more details, please let me know.

Post: Anyone is North Dallas area?

Vernon WattsPosted
  • New to Real Estate
  • Dallas, TX
  • Posts 86
  • Votes 19

Hi Rashonda

 I'm in the North Dallas area as well, I love to connect when possible and compare notes.

Post: Dallas Fort-Worth Second Quarter Home Sales Report

Vernon WattsPosted
  • New to Real Estate
  • Dallas, TX
  • Posts 86
  • Votes 19

Great outlook of the second quarter, I am one of those who haven't had any property for sale under the 11% distribution margin.And I'm feeling the Crunch. 

Post: Investors in Dallas!

Vernon WattsPosted
  • New to Real Estate
  • Dallas, TX
  • Posts 86
  • Votes 19

Hi Amaris

You can find any area in Dallas that fits your criteria. How much you want to invest, what safe or challenging areas you want to rehab in, and how large of a project you want to rehab. If you're a New investor, you may want find a less stressful rehab project with a modest return on your investment. you can find duplexes in North Dallas for high profits after ARV. East Dallas, because of newly construction rehabbing (rezoning) can be found. But, mostly Apartments, high profits though. South Dallas and West Dallas area's you can readily find what you're looking for (pennies on a dollar),just be conscious of your surroundings.

I have one Duplex for sale (off market) low rehab, high profits margins after ARV, but also high priced because of the value in the area. Happy hunting.

Post: Thoughts on RE market during COVID-19

Vernon WattsPosted
  • New to Real Estate
  • Dallas, TX
  • Posts 86
  • Votes 19

Hi BP family 

I agree with David Krebsbach analogy

of the appreciative property markets, in it's fluidity. It's always sometime to consider when you're viewing your community growth or pause in growth. Even the down turn in property values can still earn investors great returns on their investments.