After three weeks scouring the Keller area and making “low-ish” offers, i’ve determined that we haven’t hit bottom yet.  Utilizing our Advanced County Appraisal Search there are over 2,000 houses in Tarrant county owned by banks.  However, they don’t seem too motivated to sell as most are offering these properties at a 5%-10% discount.  They […]

After several weeks of rejected low-ball offers on bank-owned (foreclosed) and new builds I was beginning to grow concerned that banks and builders may not be as motivated to sell as I had hoped.
All that changed Saturday night when I was searching through MLS.  I’ve run the same searches looking for newer homes in Keller […]

While driving the streets in my target area I ran across a small home with a Beazer sign.  I thought it was odd as the neighborhood has completed for quite some time.  I called the number on the sign and left a message.
When I returned to the house I looked it up in MLS - […]

The first step towards my goal for of purchasing 5 cashflow properties in 2008 is to determine my target property areas and types. I ran purchase and lease comps in several areas and decided to focus on newer properties (< 7 years old) in the NE Fort Worth/Keller area.  These are close to my home and […]