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All Forum Posts by: Dante Peduzzi

Dante Peduzzi has started 1 posts and replied 3 times.

Post: Beach House - Surfside, TX

Dante PeduzziPosted
  • Rental Property Investor
  • Houston, TX
  • Posts 4
  • Votes 0

@Jason Andler - I just found a home in Surfside TX and highly recommend using Grace & Jimmy Reutzel. They know the island very well and we’re super helpful!  We’re still negotiating and may not end up buying this home, but I highly recommend Grace and Jimmy! Let them know Dante sent you. PM me for their contact. 

Post: Brand new single family home for Rental (Houston) GOOD or BAD?

Dante PeduzziPosted
  • Rental Property Investor
  • Houston, TX
  • Posts 4
  • Votes 0

Thank you all for the input!  What I had expected, so it's great to hear the valuable feedback from experienced folks out there.  Much obliged for replying and giving me lots to think about.

While I still love the idea of newbuilds, I will keep things simple in this early stage of my investing.  Hope to have many more questions in the future to mean that I'm actually progressing with some number crunching.

Post: Brand new single family home for Rental (Houston) GOOD or BAD?

Dante PeduzziPosted
  • Rental Property Investor
  • Houston, TX
  • Posts 4
  • Votes 0

Hello, BP folks - long time listener, first time poster. Looking for my first (buy & hold) rental investment - considering a brand new home as a potential rental investment. What is yall's opinion if this is a solid investment or if I should skip and proceed elsewhere?  This would fall under way more than a turnkey investment as the builder is high quality and maintenance would be minimal for 5-10+ years, so I like the "easy button" aspect of this option.

I like the long-term equity play on this, but there is obviously a very low cashflow, so curious what others more experienced folks here suggest I should think about on this decision...???

Purchase price is $440,000 with potential monthly rental income of $3,000. More details in the attachments below. 

Thank you for your help!!