New Member from Houston area

[Brett B.]

Hello BP members,

My name is Brett B. and I am an investor from Houston, TX area. I currently own 117 units ranging from 8 plexes to a 48 unit property. I am currently under contract for another 29 units and a 24 unit. All my units are located inside the loop.

All of my projects have been, or will be, rehab projects. I buy them, fix them and rent them out. I hold on to all of my properties and manage them. Needless to say there are some very long days involved in this.

I am looking forward in using BP to learn more about the business and even lend a hand when I can. I am trying to develop question and answer topics under the acronym M.U.L.T.I. which stands for Mortgage, Utilities, Legal, Tenants and Investments. I hope I can get like minded individuals to help me with this to be another resource to Mutli Family Investors.

I look forward in meeting all of you and I am excited to start to use this wonderful tool of Bigger Pockets.

Brett B.

[Brett B.]

@Huy N.

Cap rates will vary between 8-12% You can find 8 everywhere, the 12 is sort of hard to find.

I also find, many brokers will flub their numbers, so beware!!!!