I purchased a freakin’ cute, little, cozy condo around mid-2016 in a prime area in Dallas. “How cute”, you ask? Scroll down and see for yourself (but scroll your ass back up and read everything that I wrote! ). It’s surrounded by shopping, dining, clubs, and bars; walking distance to running trails where you can walk your lovely little pooch, and a $5 uber ride to downtown Dallas and all the cool areas.The condo was in great shape, well-designed and I could lease it out immediately if I wanted to. But I didn’t. I wanted to modernize it and maximize the rent income.For the area that the condo is in (surrounded by new, modern condos/townhomes that easily cost $350k+), there was excellent opportunity to maximize rent with a modern renovation. People who live in that area and those who want to live in that area are young professionals who like […]
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