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Investment Properties in Dallas : Real Estate Advice

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  • Local Info174
  • Home Buying842
  • Home Selling86
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Amrita, Home Buyer in Poway, CA
Wed Dec 28, 2016
Amrita asked:
LystHouse, Real Estate Pro in Dallas, TX
Tue Dec 6, 2016
LystHouse answered:
While Spring is the more popular season for home buyers, Smart Home Buyers that purchase in the Fall and Winter benefit tremendously. Consider these expert insights:

Less Competition

Housing competition slows down in Autumn. Fall is considered to be the “slow season” in real estate. For home buyers this means a replenished inventory of new homes and a repositioning of homes that did not sell in Spring or Summer. This gives you great bargaining power. Consider lowballing on the home price and be prepared to negotiate aggressively. Also, considering that the Holidays are coming up, home sellers are typically more motivated to sell. If you close before the end of the year, it's more beneficial for your taxes because you get a homestead exemption which equates anywhere between 15-20 percent.

Sellers are tired

Overconfident Sellers that listed their home for sale during Spring or Summer may have been unrealistic in setting their Home Price. After their home has been on the market for months and still not sold, sellers are often ready to make a deal and concede to a lower price. And because there are even less buyers shopping for Homes during the Fall, sellers are typically more inclined to accept a lower offer than to wait until Spring or Summer.

Serious Sellers

Sellers in the Fall and Winter are more serious. Whatever reason they have for moving, maybe their new home construction is ready, or they are relocating for a new job, Fall and Winter home sellers are serious about selling and therefore more open to negotiating on their home price.

Tax Breaks

First time homebuyers should pay attention to this one. Property taxes, mortgage interest, and any payments made prior to the closing of your home loan are all tax deductible on your income taxes for that year, even if you close on December 31st. This can make a serious dent in the taxes you owe to the government at the end of the year.

Fall is Safer

Despite what Home Alone would have you believe, Burglars have a prime season also. Autumn and Winter typically see a slow-down in Home Burglaries. This gives homebuyers a chance to get settled in, get to know your neighborhood, and get the Alarm system you want installed and configured.

Superior Service

At LystHouse, superior service just comes standard no matter what season. But, because fall and Winter both have less buyer competition, at LystHouse, you get to be the center of attention. LystHouse Licensed Real Estate Agents are standing by 24/7 to assist you by Phone (855) 866-8339, email hello@lysthouse.com, or in person. This is also true for other service providers like our partner mortgage lenders, title companies, movers, and inspectors and a LystHouse agent can help introduce you or schedule an appointment with any of our partner service providers.

End of Year Sales

When it comes to making your new house a home, home buyers can take advantage of Holiday Sales deals that are abundant this time of the year. For example, Lawnmowers are typically on sale in November and December. You can use this time of year to coordinate buying new appliances, doing home improvement, and outfitting your house with furniture.

Take the leap and fall into a new home this Winter. If you’re ready to get started on your home hunt, start searching at http://www.LystHouse.com with the fastest propery map search in the world (properties updated every 5 minutes).
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0 votes 2 answers Share Flag
Kathy Burgre…, Home Owner in Westchester, NY
Thu Nov 24, 2016
Kathy Burgreen answered:
Considering Trump's pick for HUD, Section 8 will disappear because Trump is against it.

Too bad you voted for him. Shows you were an idiot. Hope you suffer.
0 votes 1 answer Share Flag
Nerfe Roque, Real Estate Pro in California City, CA
Fri Sep 30, 2016
Nerfe Roque answered:
One of the biggest decisions you'll make as a landlord is whether you should hire a property management company. Many landlords manage properties on their own or with the help of an employee, such as a resident manager. But sometimes landlords need more help, and that's when a property management company might make sense.

Both of the two companies are good and both useful. Nowadays, most of the tenants/landlords are using apps and tools that is very useful, safe and efficient on their part.

I have notice that one of the best apps or tools in property management is Rentigo.com , it is easy to use and safe, pay anywhere and anytime, update bank balance in the next banking days and for your convenience.
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0 votes 3 answers Share Flag
Susie Kay, Real Estate Pro in Dallas, TX
Tue Sep 27, 2016
Susie Kay answered:
That's totally up to you. Your realtor may be able to give you advice, though.

Good luck!
0 votes 1 answer Share Flag
Brandon, Home Buyer in Randallstown, MD
Wed Aug 24, 2016
Brandon answered:
I agree. You should pay attention to Mortgage Notes in different Zips and talk to a lot of landlords. You can protect yourself but strive to NEVER PAY RETAIL. you can always get value if you ask many questions, like this one, TALK TO LANDLORDS, Prop Mgmt Companies, i.e. serial property buyers.

Oh yeah, BiggerPockets has a great community. I have a regular (borderline guest) account and there is a wealth of info, with constant input (it's popular, lot of users)
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Chase, Renter in
Fri Aug 12, 2016
Chase asked:
I need BPO's on over 50 properties. Dallas Fair Park, South Dallas, E Oakcliff

We need BPO's on over 50 properties. But right now I need it on 3. We own the properties and currently…
0 votes 0 Answers Share Flag
Susie Kay, Real Estate Pro in Dallas, TX
Fri Jul 22, 2016
Susie Kay answered:
Bruce Lynn, Real Estate Pro in Coppell, TX
Tue Jun 14, 2016
Bruce Lynn answered:
Are you still looking for flips? Any luck in the past 3 years? Just going through some of the old questions here and wanted to check in with you.
0 votes 6 answers Share Flag
LystHouse, Real Estate Pro in Dallas, TX
Mon May 9, 2016
LystHouse answered:
We have a division of our brokerage that works with investors. If you are interested in buying, selling, or leasing investment properties, simply email us, chat with an agent on our website, or call us and we can schedule a time to discuss your specific needs. http://www.LystHouse.com 1-855-866-8339 ... more
0 votes 8 answers Share Flag
LystHouse, Real Estate Pro in Dallas, TX
Tue May 3, 2016
LystHouse answered:
Hi Jared! We have a division of our brokerage that works with investors. If you are interested in buying, selling, or leasing investment properties, simply email us, chat with an agent on our website, or call us and we can schedule a time to discuss your specific needs. www.LystHouse.com 1-855-866-8339 ... more
1 vote 2 answers Share Flag
Susie Kay, Real Estate Pro in Dallas, TX
Tue Apr 19, 2016
Susie Kay answered:
Are planning to pay cash for flipping houses? If so then $45k isn't likely to be enough.
0 votes 1 answer Share Flag
Brokeribrahim, Home Buyer in New York, NY
Sun Oct 18, 2015
Brokeribrahim answered:
Dear sir/Ma

we offer financial instrument such as BG/SBLC/MTN/MT's specifically for lease for such business covering Aviation, real estate development, oil and gas, bio tech, heavy construction involving dams, irrigation scheme, Hospitality, Foods industry... For more enquirer please mail us on and kindly please only serious client should contact

Mr.Ibrahim mohamad
mibram.fundings@gmail.com
Skype with mibram.fundings
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0 votes 16 answers Share Flag
Susie Kay, Real Estate Pro in Dallas, TX
Sat Oct 10, 2015
Susie Kay answered:
There are plenty of nice areas for rent in DFW. Typically you would want to weigh the cost of the home (mortgage, maintenance, hoa, etc) vs rental income. You would also want to consider the potential of market appreciation of the home. Are going to pay cash or are you going to need a loan? Homes in the price range that you indicated are in a real hot market and many are sold in a day or two at asking price or above asking price. There are a lot of cash buyers out there as well. My suggestion is to be prepared to look at the property quick and make an offer.

I hope this helps!

Susie Kay
Realtor
Seniors Real Estate Specialist
Certified Home Stager

United Real Estate Dallas
469-371-2899
www.dfwdreamhomes.net
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0 votes 1 answer Share Flag
Kristi Nathan,  in Flower Mound, TX
Thu Jun 18, 2015
Kristi Nathan answered:
Hello Rhonda,

I am an investor friendly realtor who enjoys working with REIs to find hold n rents or fix n flip type properties. I can help you find and secure the properties and help you make sure the numbers work. I'd like to assist you meet your goals.

Kristi Nathan
Cell/text 469-855-3183
Email KristiNathan@JudgeFite.com
Century 21 Judge Fite Co
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0 votes 2 answers Share Flag
Kristi Nathan,  in Flower Mound, TX
Thu Jun 18, 2015
Kristi Nathan answered:
Hello Sudhakar, I am an investor friendly realtor. I enjoy working with investors to help them find and secure the type of properties they like to work with (buy n hold or fix n flips). I can locate, research to make sure the numbers make work, make the offer/write the contracts and complete the close.

Please feel free to contact me:
Kristi Nathan
Cell/text 469-855-3183
KristiNathan@JudgeFite.com
Century 21 Judge Fite Co
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0 votes 2 answers Share Flag
Rhonda Jordan, Other/Just Looking in City & State, or ZIP
Sat Apr 18, 2015
Rhonda Jordan answered:
I am a new investor/wholesaler here in DFW, I would appreciate the opportunity to work with you. You could email me your criteria to rhondadiane45@gmail.com
0 votes 11 answers Share Flag
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