All Forum Posts by: Cary Love

Looking for Hard Money and Long term financing options to help with growing our rental portfolio in Texas. If anyone is experienced or has done the BRRR strategy in Texas your feedback and knowledge would be greatly appreciated. Thanks for your input

Highly desirable area in DFW! Low days on market in this area. This deal will not last long. This 3 bedroom 2 bath 1962 built house is on a huge lot located in DeSoto TX. This is a wholesale property, contract is assignable. New roof in the past two years. 

Asking Price: $91,000

Bring All Offers 

ARV: $135,000

Market Rent: $1,275

Repairs Needed: 

- Some Foundation

- Floors

- Interior Paint

- Cosmetic touch ups and upgrades

Property currently vacant and inspection/walk through has bee scheduled for the 2/21/18. Please contact me for any additional information or to set a walk through. 

ARV: $115,000

Market Rent: $1,100

Year Built: 1947

House is waiting for an rehabber to make it beautiful again! House could be either a rental or a fix n flip depending on finish out. Property is located in South Houston TX, easy access to I-610 Loop. House has not been flooded. Currently vacant, easy access to view. Please call with any additional questions or to view the property. 

ARV: $205,000

Market Rent: $1,700

Built: 1980

Est. Rehab: $10,000 (Flooring, Bathroom Updates, Paint) 

House needs a little cosmetic work to make it rental ready. Part of the patio has been enclosed for an office space. There is a large storage area in the back as well. Property is located in Keller ISD. Easy access to I-35 and I-820. Very hot area for fix and flips as well as rentals. Low days on market. Property is currently vacant so it is easy to show. Please contact of additional information. 

Good Morning BP Members,

I have a situation with a seller where at first I was the only party interested in purchasing his house. After receiving the offer, he has verbally agreed that he is ok with the price. When discussing signatures he is wanting to call and discuss with his "buddy" to see if he can match it or give him a better offer. How should I handle this situation. Thanks for any feedback

CJ Love

Hello BiggerPockets Family,

I am looking for Contractors or GC's in the North Fort Worth Area. We have a property that we are flipping in DFW and in need of a few additional contractor referrals. Any feedback is welcome. Thanks for your input!

Cary Love 

@Jonathan Halverson Thank you for your feedback. Are you aware of any flat fee listing providers in the Houston market?

Hello BiggerPockets Family, I have a property that I am looking at selling in South Acres Houston. The property currently has a tenant living in the house that is currently working on moving out. What is the best way to get this property sold, in the least amount of time, with limited access to the house because of the tenant? Any suggestions or feedback is welcome! Our current course of action is to give the tenant a notice of non-renewal and/or cash for keys. The lease is on month to month so that can be done immediately. Once the tenant moves out then we can list the property on the MLS. My feeling is that this process will take a lot longer than what I was hoping for.

Jonathan, The laws vary state to state. Here in Texas we have listed our wholesale deals with the owners permission. Not sure what state you are operating out of, but you may reach out to an experienced wholesaler, and an investor friendly broker for additional information. It never hurts to ask the advise of a real estate attorney as well to cover yourself. It is an easier transaction if you have the ability to close on the property then list it but sometimes that may not be feasible. From experience, our listed wholesale deals have netted us more even with the realtor fee’s than assigning contracts or double closings. Hope this helps

Marco, All toll roads are waiving tolls for the time being. Hope all is well and everyone is safe at this point.