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All Forum Posts by: Hung Trieu

Hung Trieu has started 6 posts and replied 34 times.

Post: Lunch and Learn on Sunday

Hung TrieuPosted
  • Investor
  • Houston, TX
  • Posts 37
  • Votes 7

channel 13 they said strong stoms heavy rain tomorrow, good luck for your events.

Post: Find Lending or Find Deal?

Hung TrieuPosted
  • Investor
  • Houston, TX
  • Posts 37
  • Votes 7

Better find lender now , before the good deals come to you.

Post: NEWBIE// HOUSTON// NEED HELP ANALYZING A DEAL

Hung TrieuPosted
  • Investor
  • Houston, TX
  • Posts 37
  • Votes 7

you need to find Realtor to run CMA for you , don't trust Zillow, remember 1% rule , your deal is not look like good deal .

I am Realtor in Spring , Humble , Cypress. PM me .

Post: Looking for advice on my first deal

Hung TrieuPosted
  • Investor
  • Houston, TX
  • Posts 37
  • Votes 7

something wrong with your tax , you need to go to hcad.org to look for that property tax information.

Post: Self Storage need advice

Hung TrieuPosted
  • Investor
  • Houston, TX
  • Posts 37
  • Votes 7

@Scott Meyers@Account ClosedThanks with  all the advices and help , the best BP families here .

Post: Self Storage need advice

Hung TrieuPosted
  • Investor
  • Houston, TX
  • Posts 37
  • Votes 7

@Jeff Greenberg,@Account Closed

I am  not worry about finance with the bank right now , I use private money from my friends and relatives.

The problem for this property is the past 5 years no income , I will contact the owner soon and  ask him or her about history debt . 

That why I don't how to determine the value , all information I get in neighborhoods and Hcad tax website.

Post: Self Storage need advice

Hung TrieuPosted
  • Investor
  • Houston, TX
  • Posts 37
  • Votes 7

@Jeff Greenberg

This self storage need major rehab have been vacant more than 5 yrs and no value information , base with hcad tax web site appraisal 2016 192k  ,with Land value 68k , Building value 124k ,that all information I can get.

The market rent for this area  7.5x10 $80 , 10x10 $95 , 10x15 $140 with climate controlled 7.5x10 $105 , 10x10 $113 ,10x15 $175

within 3 miles of this property is cubemart  71000 sqft with 300 units

Post: Self Storage need advice

Hung TrieuPosted
  • Investor
  • Houston, TX
  • Posts 37
  • Votes 7

I am looking for buying someone problem , the self storage (location Houston , TX) seat on lot of 4 buildings 4300 SF (land 22,870 SF) around 70 units build 1998,
the appraisal value (from HCAD web site) 192k
have been vacant more than 5 yrs , need major rehab all units no doors , can't be expanded no more room.
Total population 31,295
Female population 16485 (52.7%)
Male population 14810 (47.3%)
Households 10792 (occupied 87.2%)
Home owners 4100 (43.6%)
Renters 5311 (56.4%)
Average number of people per household 3.32
Household Income Levels
$150,000 or More 244 (3%)
$30,000 to $74,999 3,934 (45%)
Less than $30,000 3,211 (37%)
$75,000 to $149,999 1,299 (15%)
in 5 miles radius had cubemart self storage with 300 units and public self storage 400 units.
My question is how much I will offer to buy ? potential to make money with this self storage ?

Post: How Is Houston Doing For Cashflow?

Hung TrieuPosted
  • Investor
  • Houston, TX
  • Posts 37
  • Votes 7

@Hadar Orkibi , Multi-family large and small ,yes it HOT too .