DFW Mentor

Caught up in Foreclosure and In Need of HelpWritten by Jim WatkinsA homeowner in Dallas contacted me in December and told me their lender had just filed to foreclose on their house and wanted to know if I could help them.I met with them soon after and read the notice to foreclose. It was schedule...

A Mothers Nature and Mold: Forces to Reckon WithA few years ago, I bought a house that had been infested with black mold but it had been cleaned up by a professional remediation company months before I had bought it. The house had an ARV over $300,000 and I got it for $160,000. Most of the walls ...

For the most part I don't like to self-promote when I write a blog posting but this is a warranted exception.I am thrilled to announce the launch of the newest real estate investors networking group in North Texas!IGOTEX - Investors Group of Texas!The clubs monthly meetings will feature local and...

Please note that my area of expertise is in the State of Texas and the statistics contained in this article should not be relative to other states. The following question was asked on a local Dallas Real Estate Board about foreclosure deals... "So where are these great deals!! Inquiring minds wan...

***THIS IS APPLICABLE IN TEXAS*** Getting a tenant to move peacefully and without causing physical damage is hard to doTenants being evicted tend to feel victimized and when they get upset they are a risk to do physical damage to the house and leave behind mountains of trash.It will take a minimu...

This may seem elementary to a lot here but I continue to see my students writing frantically to get it down so, I thought I'd post it. (also posted on another national site)When you first look at a potential deal, how do you determine the equity percentage and/or figure out how many cents on the ...

The following question was asked on a national real estate forum site and it is followed by my response. Pre-foreclosures in the DFW area is my specialty area and my opinions are based off of my personal experiences."I was wondering if conducting a mailing for pre-foreclosures is an effective tec...

I have been tracking the national markets and most of them are being pounded by the real estate storm. Prices and values are dropping as the storm continues. The storms seem to be everywhere except Texas.Don't get too excited just yet though. I am seeing a small dip in values around the DFW area....