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All Forum Posts by: Collin Garbarino

Collin Garbarino has started 8 posts and replied 93 times.

Post: do I need the home warranty program

Collin GarbarinoPosted
  • Investor
  • Sugar Land, TX
  • Posts 97
  • Votes 71

My realtor told me that he gets a commission from the home warranty company every time someone buys one. I think that's the real reason that your realtor wants you to buy one. Ask him point blank if he gets a kickback.

I suggest having enough cash on hand (or a line of credit) to pay for unexpected repairs.

Post: Question regarding townhouse development & investing

Collin GarbarinoPosted
  • Investor
  • Sugar Land, TX
  • Posts 97
  • Votes 71

Houston doesn't seem to be a house-hacking friendly city. There aren't as many multi-family units as you would expect for a city this size. It can be done, but your options are going to be limited.

Instead of building your own 3 or 4 townhouses, maybe you could look around the Katy area and see if any investors there want to sell you a block of townhouses. That way you could get the end result you want without the extra effort of putting together the construction deal. Either way, it will probably be a bit pricey.

Post: $50K Flip Property Success

Collin GarbarinoPosted
  • Investor
  • Sugar Land, TX
  • Posts 97
  • Votes 71

Inspiring story. Thanks for sharing.