All Forum Posts by: Hiren Patani

Think like if you are a seller what would attract you in your difficult times. It's like your first impression and last one. Good luck.

@Fred Heller, Near Memorial Park(I-10 W & 610)

Hello Tucker,

I'm opening to any type at this point of time as long as it meets my long term investment goals and numbers make sense.

Thanks,

Hiren

Hello Y'all,

It's a off market deal in Houston, TX for a townhome. Year build 2006, 3bed/3.5 bath. 3 stories.Area: 2100 sq.ft

Asking Price: $325K

Repair cost: $25K

ARV: $410K.

Is this a good buy? If so, should I fix and flip or hold (rent it out).

Also I do have 20% money of asking price? How doI get remaining funding? What are my options here?

I'm competing against cash buyers, hard money, conventional buyers.

All the help greatly appreciated.

Thanks,

Hiren

Thank you guys for all your responses. Really appreciate it.

Hello,

Recently I sold my primary residence (condo) after staying in it for few years and got some good appreciation when I sold it. My title company told me they will report the money that the buyer gave me (after paying to Mortgage bank, agent, etc) to IRS. 

Do I have to pay tax on it? If so, what are my options?

Btw I did brought another house (before selling my primary residence-condo), which is now my primary residence.

Thanks,

Hiren

Hello Y'all, I'm a new investor and would like to know/learn what numbers to look for when buying a property from a wholesaler? What numbers to look for which will make it a good deal and not so good deal? Any advice/help is greatly appreciated. Thanks, HP

Welcome to BP. My suggestion go to your local area real estate networking events, you will learn a lot.

Hello Y'all,

I'm new to Austin market and looking for some help/partner/investor friendly great people to achieve my goal of owning student housing around UT-Austin.

Any help would be greatly appreciated.

Thanks,

Hiren Patani