All Forum Posts by: Andrew Nguyen

Greetings!

This is a great flip in Spring. The foundation is in good condition. Roof and A/C condenser needs to be replaced. The rest is cosmetic. This is an 89 build with low days on market.

Needs to sell today. Call/Email me today for property details/packet.

Hello Everyone!

I've been running into a good amount of investors lately at the office who have told me that they don't use hard money lending and don't want to give it a try. I understand using cash for a transaction you're probably going to make a larger net profit but does that out weight the benefit of keeping your assets liquid and being able to do more projects?

Me personally I would rather make a little less on each project but do a greater number of deals than essentially putting all my eggs in one basket and hoping for the best. 

I'd love to hear all of your thoughts and experiences about this subject. 

Thanks!

Welcome Adrian, The market in Austin is pretty competitive but there is a lot of opportunity with the right knowledge. Feel free to post any questions you may have. We'll get them answered for you. Good luck!

Success with posting on Craigslist is a numbers game. As long as your numbers make sense then the packaged deal should sell itself. So post often and try to get your deal in front of as many people as you can.

Good luck!

Cell: (469) 878-8189 or (832) 589-0511

This good-looking brick home in Memorial Northwest offers $65k in spread. The roof on this house is in good shape. The foundation needs some adjustment and the A/C unit will need to be replaced. The remaining work is all cosmetic. $50k is plenty to return this property to its former glory! Low days-on-market for sales and rental comps. suggest $2,600+ / month. Call me for viewing details today!

Sqft: 4059
Bed: 5
Bath: 3
Garage: 2

ARV: 290,000
Repair: 50,000
Cash: 175,000

Sherman Bridge out-of-pocket expense:

- Flip: $40,871 / Estimated pure profit: $28,475 / Cash-on-cash return: 51%

- Rental: $34,660 / Estimated monthly cash flow: $1,047 / Annual ROI: 30%

Awesome post! Thanks for the great info.

Hey @Jason N. ,

Welcome to BP! The Houston community on BP is very active so don't be afraid to ask any questions. Good luck and see you around the site!

Hey Fabian,

The Houston community on BP is huge so I'm sure you'll be able to make some great connections here.

Property is still available and will be shown tomorrow. Contact me today for details on the showing and any details about the property.