All Forum Posts by: Christopher Boutte

Hi Mak,

You can always try your luck with a Google search. But I would suggest looking in FB groups, REI meetups/mentorship clubs, or driving around and looking for job sites hop out and ask for the GCs info.

Thanks for the input @Ridge Tullos! Yes I was referring to Pasadena as being local in this case.  With Houston being so large I was wonding if anyone may have noticed better results and deadlines being met when the GC is more familiar with the neighborhood.  I have one bid so far but I am wanting to get at least 3 bids before I move forward with the project, so any recommendations are appreciated!

Currently doing a deal in Pasadena that needs a full rehab.  Are there benefits to having a contractor local to the area of the property? And any contractor recommendations in the area or Houston in general that would be good for the job?

@Chris Hopper Thanks for the reply.  You're right it is just another repair, I'm adding the quote and post adjustment repairs to my numbers.  I was concerned with future foundation issues once tenants are in place.

@Courtney King Thanks for the advice, it definitely helped give me an idea of what to expect!  Yes I was worried about having to make addition foundation adjustments in the future with the property occupied.  The needed adjustments are under 1.5" and all exterior piers.  

Have you looked into SFR with mother in-law suites or ADUs? They are typically small efficiency units (1 bed 1 bath kitchen) but you could rent out the main home and live in the ADU. I'm currently doing the opposite in my primary residence as my fiance needs all the closet space she can get!

Hi everyone, I was wondering if anyone has had experience investing in a property with foundation issues for the long term. How do you make foundation adjustments with tenants?  How did you account for the reoccurring expenses in your analysis?  Is it even worth holding a property with these issues or should these properties be strictly flips?

Hi Dumam! I am also a fan of long term investments in the Houston area. A focus group sounds great, Ill send you a connection request. Hope everyone is doing well.