West DFW REI Group

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West DFW REI Group

Tag: Investment Strategies (4 articles found) - Clear Search

Driving for Dollars: Find Deals Fast with DealMachine

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Driving For Dollars 

Discover Hidden Real Estate Opportunities — One Drive at a Time

If you’re ready to uncover hidden real estate deals that others are missing, it’s time to hit the streets and start driving for dollars. This timeless, hands-on strategy remains one of the most powerful ways to find off-market investment properties—and when you combine it with modern tools like DealMachine you can transform every drive into a potential goldmine.

At West DFW REI Group, we’re passionate about helping investors like you master strategies that build wealth and freedom through real estate. In this guide, we’ll show you how to drive for dollars effectively, what to look for, and how to leverage DealMachine to streamline your process from discovery to deal.

What Is Driving for Dollars?

Driving for dollars is exactly what it sounds like—driving around neighborhoods to spot properties that appear vacant, distressed, or neglected. These properties often belong to motivated sellers who may be open to selling off-market. Instead of relying solely on the MLS or expensive online leads, you’re finding opportunities others overlook.

With DealMachine, you can instantly snap photos, save addresses, skip-trace property owners, and even send mail directly from your phone. It’s the modern investor’s secret weapon for scaling this proven old-school method. 

When and Where to Drive for Dollars in DFW

Consistency is key. You don’t need ... Read More…


Understanding "Subject To" Real Estate Transactions

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Understanding Subject To
In real estate investing, creative financing methods can provide substantial benefits for both buyers and sellers. One such method is known as "Subject To" (often abbreviated as "Sub To"), which allows buyers to acquire properties with little to no money down. This strategy can be particularly advantageous for investors looking to expand their portfolios without significant capital outlay. In this article, we'll delve into what "Subject To" transactions entail, the benefits and risks involved, and why you should consider learning more about this method by attending the upcoming "How to Buy Houses Subject to With Little to No Money" workshop.

What is a "Subject To" Transaction?

A "Subject To" transaction occurs when a buyer takes over the seller's existing mortgage while the loan remains in the seller's name. Essentially, the buyer purchases the property "subject to" the existing financing. The buyer makes the mortgage payments on behalf of the seller, but the original loan stays intact without being formally assumed by the buyer. This arrangement can be particularly appealing in various market conditions, especially when traditional financing options are limited or when interest rates are rising.

How Does a "Subject To" Transaction Work?

  1. Agreement and Purchase: The buyer and seller agree on the terms of the sale, including the purchase price and the method of financing. In a "Subject To" deal, the buyer agrees to take over the mortgage payments.

  2. Transfer of Deed: ... Read More…


5 Things to Do Before Investing in Fort Worth Real Estate to Ensure a Strong Foundation

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 Real Estate Investing

Gaining financial independence and building up wealth can be accomplished through real estate investing. But before making any investments, it's crucial to approach real estate investing carefully and thoroughly research the market. We'll go over five points in this blog post to ensure you have a solid foundation before making a Fort Worth real estate investment.

1. Research the Market

When diving into real estate investments in Fort Worth, it's important to immerse yourself in comprehensive market research. This involves delving into the intricate dynamics of supply and demand, rental costs, vacancy rates, and the historical and current trends in housing prices. But it doesn't stop there. To truly grasp the market pulse, it's equally important to consider factors like the labor market, population growth, and the overall local economy.

Now, navigating this sea of information might seem like a hard task, but fear not. One of the most effective strategies in your arsenal is collaborating with a seasoned local real estate agent. Think of them as your tour guide through the real estate landscape. These professionals come armed with a wealth of market expertise, offering insights and facts that can prove invaluable in making savvy investment decisions.

Picture this: your real estate agent becomes your trusted advisor, sharing pieces of wisdom about the market's ebbs and flows. They provide a detailed understanding of the community, shedding light on the cu ... Read More…


How to Develop a Winning Probate Investment Strategy

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If you've inherited a property, you're likely facing a tough decision: keep or sell it. Managing an inherited property can be daunting for many beneficiaries. Most beneficiaries prefer to liquidate it instead. A probate sale is if you decide to sell the property during the probate process. To help you navigate this complex process and maximize your returns, here are three tips for developing a winning probate investing strategy in Texas.

Market to Out-of-State Beneficiaries

If you obtain a roster of homes in probate within an area, you will see a list of properties accompanied by the trustee's, executor's, or beneficiary's address. You can purchase a list of homes in probate, and you can also reach out to local wholesalers as well and ask them to send you any homes in probate.  This presents a significant opportunity to provide assistance by offering to purchase the probate property for out-of-state beneficiaries and easing their burden.

Beneficiaries and executors face numerous responsibilities, especially when the deceased is a close family member. They must address a plethora of tasks, such as managing bills, bank accounts, and funeral preparations. Among the most challenging tasks is managing the deceased's home, particularly when it contains years of personal and family belongings as well as needing repairs.

Not only is managing the deceased's home an arduous task, but it can also be an emotiona ... Read More…