Featured SolMidas Client Success Story: Charuta’s Fort Worth Win
When Charuta decided to add real estate to her investment portfolio, Dallas was already on her radar. She’d lived there before and knew how fast the metro was growing and how strong the rental fundamentals had become. But this time, she was hundreds of miles away and ready to invest remotely.
“I’d been watching the Dallas market for a while,” Charuta said. “I knew Isaac had been investing there himself and working with other investors through the Section 8 program. I trusted that he had a deep understanding of both the market and how the voucher system really works. It also mattered to me that he was personally invested in Dallas real estate. It’s easier to trust an advisor who has skin in the game and is navigating the same market as his clients.”
Through SolMidas, Charuta saw a path that fit her style: data-driven, strategic, and grounded in local knowledge. We started by reviewing several areas across the Dallas–Fort Worth region, from Mesquite and Forney to parts of Fort Worth. Based on SolMidas research and market fundamentals, Fort Worth offered the right mix of newer inventory, strong Section 8 demand, and consistent rent-to-price ratios.
The 76123 ZIP code stood out for its balance of affordability and quality housing, with both DHA and Tarrant County supporting strong voucher programs. “The fundamentals were solid,” Isaac said. “Fort Worth had the right combination of newer homes, good schools, and demand that continues to build.”
Throughout the process, Terrie, our Texas-based agent, was instrumental. She coordinated virtual tours, stayed in close contact with listing agents, and worked hand in hand with me to vet each property. After reviewing a few smaller, older homes, one listing clearly rose above the rest: a four-bedroom, two-and-a-half-bath home built in 2022. It was freshly painted, had new carpet, and required minimal make-ready work. Listed at $299,000, we negotiated it down to $290,000.
“When I saw the pictures and the floor plan, I loved that it was modern and low maintenance,” Charuta said. “It felt like the kind of home families would be happy in. That’s important to me. I wanted a tenant who would stay for years, not months.”
Within three weeks of closing, Terrie successfully leased the property to a qualified four-bedroom DHA tenant. The initial rent reasonableness review came in much lower than expected at $2,400 per month.
“When that number came in, I’ll admit my heart sank,” Isaac said. “I always set expectations conservatively, but this was well below what the property should command. I never want an investor to feel disappointed, especially when the deal fundamentals are strong.”
Charuta remembers that moment well. “Isaac called me and said, ‘This isn’t what we hoped for, but we’re going to appeal it.’ He explained every step of the process and told me what to expect. I appreciated how transparent and calm he was about it. I never felt like I had to chase updates or figure things out on my own.”
SolMidas immediately started the exception review, using market data and deep experience with DHA’s evaluation process. Within a week, the appeal was approved at $3,487 per month, a result that reflected the property’s quality and the strength of the case.
Successful rent exceptions like this don’t happen every time, but in this instance the combination of careful documentation, persistence, and local market knowledge paid off.
“When Isaac called with the new number, I was thrilled,” Charuta said. “It completely changed the outlook for the investment. It showed me how much having the right team really matters.”
The Numbers
Monthly Income: $3,487 (DHA rent)
Monthly Costs: $1,690 mortgage (principal and interest), $279 property management, $600 property taxes, $150 insurance, $35 HOA — total $2,754
Net Monthly Cash Flow: $733
That equals about $8,800 in annual cash flow, plus an estimated 20%+ annual ROI when factoring in appreciation and loan paydown.
Today, the property is performing above projections, and Charuta is already thinking about her next purchase. “This experience gave me confidence,” she said. “I learned how the system works, how patient you have to be, and how much value the right partners can add. It felt like a true collaboration.”
For SolMidas, it was another reminder of what makes this work meaningful: helping investors like Charuta turn smart ideas into real financial growth while providing stable housing that strengthens communities.
“Every success story like this is a win for everyone involved,” Isaac said. “The investor, the tenant, and the Dallas market all benefit when we do things the right way.”