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Updated over 6 years ago on . Most recent reply

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75
Posts
26
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Kusum Chanrai
  • San Francisco, CA
26
Votes |
75
Posts

Advice on a flip in 77096, Houston.

Kusum Chanrai
  • San Francisco, CA
Posted

Hi everyone! I have my first flip in Houston under contract. It's in the Willow Meadows area, 77096. It's been flooded once. Has anyone got experience with flips in Houston - particularly in this area? I'm in the process of figuring out the rehab plan and would love some expert advice as I select my team and plan. Thanks in advance!

Most Popular Reply

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928
Posts
701
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Ryan Blake
  • Lender
  • Texas
701
Votes |
928
Posts
Ryan Blake
  • Lender
  • Texas
Replied

I don't know anyone that is working down there professionally. I have a relative who acted as her own project manager to fix up their personal residence in that same neighborhood. The biggest issue is finding honest GCs that have availablitity. I would request references and lock them down on a timeframe in writing. You might even want to structure in a bonus/penalty situation. Be sure no to advance any money as there are a lot of fly by night GCs doing work there after the hurricane that caused all the flooding and are ripping people off. 

Should be a great neighborhood and a quick sell once fixed up. Good luck!

  • Ryan Blake
  • [email protected]
  • 214.420.7324
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