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All Forum Posts by: Justin Bowman

Justin Bowman has started 1 posts and replied 7 times.

Hi Everyone,

My wife and I live in Texas in the DFW area.

We are looking at purchasing our first home that we plan on turning into a rental property eventually.

The house has had foundation repairs a couple years ago, done by a reputable company with unlimited lifetime transferable warranties.

From my understanding it is not uncommon in Texas to have foundation repairs due to the rough, dry soil that can shift (would love perspective from any DFW investors).

This is our first house and we are so stressed to make the right decision because it’s a new process and we don’t want to buy a bad house and set ourselves back years.

How concerned should we be with these issues? Is it okay to buy a house that has had foundation repair? Any things to look out for?

Thank you,

@Nicole (Dunlap) Pendergrass awesome work! So exciting to see examples!

Post: 1st Rental Property

Justin BowmanPosted
  • Posts 7
  • Votes 3

@Todd Carpenter congrats Todd!

@Dave Poeppelmeier Inspiring, my wife and I are 24 and have lots of student loans are just purchasing our first home.

Inspiring to see people at a different spot in the journey, good luck!

@E.S. Burrell maybe require renters insurance in the future?

@Henry Lazerow here’s a younger perspective... if you’re good at your job I don’t think anyone >30 cares at all. I would hire a CPA with a full sleeve if he was good at his job lol.

How much is each side cashflowing after all expenses?