All Forum Posts by: Atta Shay

Hello!

I'm looking to start a discussion on Houston home builders. Post your good experiences and bad experiences with them.

It depends. Do you have any buyers for looking for inner city homes in the 500s range? I have 3 homes which are about to be completed at 1912 summer, 77007

Good questions Justin.

You have several options: You can purchase it for $328,000 which right at $39 sqft for the land. If you can get a lot for anywhere between $30-$40 sqft in that area youre doing good. you can build a a 4000 sqft home on it for about $100-$130

Another option is to purchase and rent it out. There are some calculators on this site you can use to run the numbers for yourself and see if you can positive cash flow.

Check out a listing I have at 6605 Schiller 77055. You can rent it out and make some income or buy and hold. Or even do new construction if you like. I have a video of the property on Zillow. Check it out.

Hello!

How big is the land? What part of town is it? Have you platted or received Architectural drawings yet?

Sure, I've got my new construction and my rehab crew. Just message me with your criteria and budget. 

There are no good "times" to enter the market. You have to have your investment criteria down, and monitor the area(s) you know about.  When something good comes around, you'll know. In fact you will know so well you will be able to pull trigger on the deal quick before someone else does. THOSE are the best deals. 

I would have tenants on backup. You gotta figure out a way to do that. Anyways, everything else looks good. positive cash flow .

Hello,

Just throwing it out there, if anyone is looking for help on a new construction home building process, then let me know. What questions do you have? Design, planning, permitting, contractors, etc... 

I am interested in the above. I am actually closing soon on a property off schiller st 77055 and am expecting to receive about $1,500 in rental income. 3 bed 1 bath home. about 1,300 sqft.