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Updated over 10 years ago on . Most recent reply
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New to site - Houston RE
Hi All,
I'm new to Bigger Pockets and just started in real estate a few months ago.
Picked up 2 homes and probably over-rehabbed them but got them up for rent now.
Has anyone out there over-rehabbed before?
I was planning to acquire a 3rd home for rental cash flow as my initial plan was to try to replace my full time job income and then go into RE investing full time.
I did the rehabs which I thought initially were "make readys" thanks to trusting a real estate agent who indicated I could "just stick a sign out to rent it."
Anyway, now that I ate up most of the money in rehabs I was considering wholesaling to re-establish some Capital but then after studying I have been thinking that wholesaling may be a fun full time job.
Any suggestions from Houston RE investors or others?
Thank you!
Phil
Most Popular Reply
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Thank you all for the insight and warm welcome. What a wealth of information!