Tactical advice on real estate investing
WHAT WHY Knowledge — every deal is different and I learn something new each and every time. I get to flex my deal making muscle consistently. In contrast to the sell-side, which like the name is more salesy. The service becomes a dog and pony show for incoming investors. The plan is to slowly transition …
Purchasing real estate boils down to how accurately one can predict: Net Operating Income; andConstruction Costs This sounds very simple conceptually, but I’m learning (slowly) how complex these predictions really are. Net operating income - On a street by street basis how confident are you in achieving X rate? How confident are you that you …
Most real estate moguls have one thing in common. They never become forced sellers. In fact, they typically are most active at the depths of a market cycle. Buying from desperate sellers, trading pennies for dollars. They owned property in the beaten market too. Why were they able to take action while others were hurting? …
Deal flow is the nucleus of a successful real estate investor. If you want deal flow you need to build relationships There are three groups of people you need to surround yourself with. Real estate owners, like-minded investors, and industry pros (brokers, prop. Managers, etc.) That's a broad group of people to reach. You can …
What if there was an investment where you had control and benefited from inflation and low interest rates? 2020 has been wild year. Economically we've seen historically high government spending, stock market runs, unemployment, and historically low interest rates. All of which carry a general uncertainty of the economic future. In times of uncertainty, stability …
Continue reading "Why now is still a good time to buy real estate"
We make the real estate process as simple as possible. As investors ourselves we know what a perfect broker looks like and that's what we aim to provide. Our main goal is to get our client's the best deal possible, allowing them to focus solely on their business plan. To do this we set out …
For those of you that do not know. We work with boutique investors who buy distressed multifamily property to be revitalized in up-and-coming neighborhoods. For these types of investors we really like the urban neighborhoods East and West of the Dallas CBD. More specifically -- North Oak Cliff/Bishop Arts and Old East Dallas. Why these …
Continue reading "Comparing East Dallas to Oak Cliff/Bishop Arts"
If there is anything I've learned about closing deals is that speed and simplicity wins. We were looking at deal that was white-hot in a sellers market (COVID). We knew that once this deal became noticed it would draw tons of attention (and it did). I was working with a local broker, staying close for …
Continue reading "How we won a hot deal in a competitive market"
In a world of open-source materials and knowledge follows vanilla investment strategies - used by the masses. To achieve superior risk-adjusted returns you need to find your edge. Centralized Asset Roll-up Model — strategy in which an investor buys multiple assets (typically smaller in size) in close proximity to one another to achieve the following …
This is a deal breakdown of a duplex in the Bishop Arts neighborhood of Dallas. Bishop Arts is an up-and-coming neighborhood seeing heavy gentrification. This property has the benefit of location. Situated directly adjacent to the neighborhoods' major retail corridor, Davis Street. This deal works out nicely for an owner-occupied FHA loan with plans to …
Continue reading "Real Deal Breakdown: Cash out refinance with FHA Loan"
"Whats the best market to invest in?" The short answer is the market you have the most knowledge and connections. If the market you have the most knowledge and connections is not an option than the below tips and tools will serve as kicking off-point to finding an "invest-worthy" market. The Initial Silo Before you …
Off market deals are those not listed to the general public. These deals are the highest of quality as there is less competition. You get access to these deals direct from owner (more likely) or from broker connections. We will be focusing on the broker connection funnel here. The brokers you will be contacting have …
Continue reading "Step by step guide to generating off-market deal flow (broker edition)"
I am a real estate broker/investor and I am on a journey to acquire 200 units in 2 years. A little background. I grew up 45 minutes north of Dallas in a very suburban household. I went to the University of Mississippi. After wrestling with the idea of investment banking I decided that real estate …