Dallas, TX

Income property can have very stable, respectful and reliable tenants. Dallas, TX

Yes, that’s right! It all depends on product, location and first rate tenant screening. If you don’t have all three, your vacancy rate will be elevated. Let’s discuss product first. We recommend to our students that they furnish their properties with clean serviceable items, new linens and art work on the walls. What you are creating is an environment that is very pleasing to the tenant, one that not only the renter will look forward to coming home to, but also one, through pictures on flyers, web sites and word of mouth, will attract new inquires. We are all for building and keeping a pipeline.

Lots of furnished rooms for rent are not clean and be full of aged, thread bear chairs, sofas, and soiled mattresses. Would you want to stay any longer than you had to in a place that does not support a healthy sense of self-esteem? Nicely furnished rooms generate good paying tenants, who stay for long periods.

Our favored tenant populations generally do not have their own transportation so proximity to public transportation is necessity.

Key to this equation within our program is good tenant screening, which strangely enough does not include credit or traditional background checks. Our tenants are referred to us, so we gain knowledge about them and their history though direct questioning of people who are familiar with each possible tenant individually. We discover personal background information and work experience. This type of screening done methodically will produce good paying renters who stay for long periods creating a stable house.

To learn more about setting up transitional housing, please download our free Ebook from the side bar on our main blog site.

Don't hesitate to contact us with questions. Learn about us. Learn our system. Learn what others have to say about us and our system.

Carolyn Shamis dies ... Great Realtor of Dallas History

Dallas Homes for sale, Dallas Apartment Locator, Lynn911.com

On behalf of Lynn911.com Dallas Real Estate Team we are sorry hear about passing of Carolyn Shamis died of liver cancer.

Many professional associates, personal friends at one time worked with Carolyn either residential or commercial real estate . Carolyn well known for many multi-million dollar luxury homes sold in Highland Park, University Park, Preston Hollow and Turtle Creek areas.

We’ve lost one of the most flamboyant Realtors of Dallas history.

Turtle Creek will never be the same without Carolyn

Read More about Carolyn and her contributions

Carolyn's life

What system are you using as a database? This is a crucial question as you build your collection of properties, names, wants and desires. It is important to be able to go back and search this database for information as properties that come on the market begin to cross over into the needs and wants in your existing database. The cost to start-up this system is not cheap. A database system that can grow with you comes at a cost. If you are starting out with not much money, or no money to buy such support you need to walk before you can run. Set your system up so that you remember who is looking for what. For instance, we are working with an agent who is receiving lots of REO listings from various lenders who need help. He has delivered to us a short sale that matches some criteria I have in my rudimentary database for some prospects who have come in from our lead generation sites. This is simple matching and seeing if there is a fit. As the database grows I won’t be able to remember all the people and needs, that is why when I get busier I will certainly have to invest in a system that allows me to do my searches better. What works for you?

Yesterday I was driving my farm area and getting to know each house and each street much better. I talk about this in my blog on our EXIT site here if you would like to read how Mark changed my mind about the money aspect and what it means in our business.

TALE OF THE TAPE; Yesterday I reached out to a friend I have known since high school. Back when we first got our driving licenses we would drive our neighborhoods and look at houses. We did this for fun and to get out and feel the freedom our newly acquired licenses provided us. I share the whole conversation with him over on my EXIT Realty Metro Dallas blog. Check it out and see you tomorrow.

Yesterday we opened a new potential listing and I spoke with a person who was interested in our listing from Van Dyke which is under agreement, so I am showing her some other properties today and discussing a move from one side of Lake Highlands to another. Two potential deals from a phone call about a property that we already have under agreement. I hung up the phone and my broker told me I did a good job by asking all the right questions and getting the answers I wanted. I walked back to my office thinking I am learning.

Ok, so i received quite a bit of feedback from agents and real estate brokers alike. Thanks everyone for the comments on my blog. However, I would like to make a few more statements on how I stand on my opinion for cute girls that work in the real estate field.

As we all know, sex sells. I beleive this is even more so in the real estate field than most industries. I did some research and checked into many of the Dallas area real estate agents (research not done in active rain but MLS). And it seems that around 50% of the agents that hold 10+ listings are "pretty women". Obviously, its not overwhelming at 50%, but some of the ladies in the field that are succeeding are what I like to call the "jaw droppers". As much as I dont want to admit it, If 60 yr old farmer bob wants to talk to me about real estate, and the Miss America look alike agent wants to also talk to me about real estate, im going to pay 10x more attention with Miss America, thats just how guys work. Is it irresponsible of me to do this with such a big investment? Yes, probably, but do I still do it? YES, so do most all guys.

So for the agents that stated it doesn't matter, I kindly but strongly disagree with your opinion. I just wanted to get my frustration out there about that past event that happend to me.

If anyone wants to learn more about the Dallas homes for sale market or the Dallas Real Estate field, feel free to give me ring! Or check out my website.

Dallas real estate is experiencing a little bit of a boom right now. I know the market is not great, however if you just drive around downtown, or just look at it from a distance, you will see all kinds of growth and development. They are building a 160 million dollar church project for First Baptist Church Dallas, and then they are building a huge new park to go over the 35 interchange. Its some pretty unbeleiveable building projects. These are just 2 of them there is so much going on in Dallas real estate.

Dallas homes for sale are also growing, more and more people are moving to dallas so more and more homes need to be built. The builders have learned though, so instead of going in and building 20 homes they may go in and build 3-4 and then when they sell move on to the next. So everyone is learning, but i do see a bright future for Dallas real estate.

If you would like to know more about the dallas area real estate market then give us a call today.