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Updated over 10 years ago,

User Stats

32
Posts
7
Votes
Phillip Smith
  • Attorney
  • Houston, TX
7
Votes |
32
Posts

New to site - Houston RE

Phillip Smith
  • Attorney
  • Houston, TX
Posted

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

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