All Forum Posts by: CP Chou

@Levi Koskan What about cutting the "friend" in with a finder's fee: ie, some rent control or a cash bonus if the deal does happen from his assist? But yes, send the letter immediately!

Hello BPers,

I'm looking at an investment property which is accessed by way of a private road and there is no existing maintenance agreement. The road provides exclusive access to about 20+ parcels. Based on the the numbers of owners and who knows the variety of interests, it looks that it is probably not possible to get one agreed to in any timely fashion.

My main lender was saying it was required for conventional loans. Portfolio loans would offer a lot more flexibility but also higher rates.

What is everyone's experience with a situation like this? Are they required in general or is it case-by-case for conventional loans? Any insight on the topic?

Thanks!

Thanks for the input.

Anyone have any success or "learning opportunity" stories to share?

Looks to be quite a bit of new construction in the works including higher end condos, houses so supply is also going up.

First!

Pretty surprised here seeing that there are 0 posts for Port Aransas. There seem to be some for Corpus Christi but figured to get it started for Port A.

Anyone on BP do investing or anything REI there? Obviously it's long been a VR market for Texas and just wanted to get some investor insight before going there on vacation and drive around with REI lenses on.

Of course any recommendations for brokers/agents, lenders, etc would be appreciated.

Thanks!

UPDATE:

Will be vacated by tenants on July 1, 2017 to be staged and shown to interested parties.

Thanks.

@Jeff T. I second what @Andrew Campbell said as a consideration having been in a similar situation and considered a similar menu of options at one point.

@David Ivy Thanks for posting - was just about to post it myself to get some BP chatter going.

Bump this thread for Austin! I'm going to take a deeper look at it this week too and hope to hear people's takes on it.

[Pre-MLS condo to be vacated latest July 2017]

Zillow Make Me Move link with full property profile

Hello BP friends,

This condo will be hitting the market this summer. I am scheduling viewings for interested parties starting April 2017.

If you want to save your buyer commission and realize the cash benefits yourself, then don't bring a realtor! Heck, if you wanted to lock up a contract early, we can talk about that too.

Cheers,

CP