All Forum Posts by: Gregory Ballard

Hey! Does anyone here know where to find traffic count data on TXdot?

Originally posted by @Jared Siddle:

gregory 

can you send me some more details please [email protected]

Sure. I sent you the info!

We want to assign the contract on this deal!

THIS IS NOT A DAISY CHAINED DEAL!

WHOLESALE PRICE: $297,400

AS-IS value $350,000 (THESE DON'T NEED A LOT OF WORK)

- A 4/1 and a 1/1 are on a 10k lot, being sold together - 4/1 is nearly a lipstick flip, newer cabinets are already in both properties. - 1/1 needs new finishes and possibly an updated exterior, is in good shape, doesn't need a lot of work. - Both properties need some cosmetics but are rentable AS-IS - Combined, as-is rent would be 2500-2700

ONE TIME VIEWING TOMORROW AT NOON!

5006 Chapman ST 77009 and 1413 Gaines St 77009

The Green Houses was pink before it was green:

Buy my Luxurious 3/3.5 High Rise for your family or House-Hack it and let your tenants pay your mortgage. This would make the perfect AirBnB! Multiple houses AirBnB for north of $1,000 a night in the area. With about 15K down and a decent credit score, this could be your house with a FHA loan!

The neighborhood rents for $1000 per Bedroom and AirBnBs for $300-$2000 a night.

3.3 Miles from Buffalo Bayou Park 

3.7 Miles from Downtown Aquarium

Call Greg to Buy. 832.463.1945

I'm considering some units that are part of a larger apartment complex. I was wondering if anyone had any experience and buying a part of a complex, versus an entire complex. What are the pros and cons?

@Roy N. I'm speaking of property taxes. In most of the models that I've seen, debt service and property taxes aren't included in the NOI. Would you happen to know why this is the case?

Why is tax not included in deductions for NOI?

@Aaron K. I'll see if I missed anything in that property that sold for 400k. There has to be a reason why somebody paid so much for that property.

@Kuba F. The buy thinks his property will sell like the other one. I'm definitely not so sure.

@Kuba F. Yes, the new property just closed. It sold for 400k. My comps beforehand were 310K ARV. I tried to do comps on the property that sold for 400k and these numbers make 0 sense.