All Forum Posts by: Katie Rye

I am looking for a single family, condo or townhome to buy or rent in the plano, texas zip code area of 75075. More speciifically in the Davis Elementary School Zone. I am on the MLS but have found nothing so far that I can afford.

any leads are much appreciated!

thank you in advance

I came across an ad from Millennium Mortgage Services that seemed to have fantastic rates. Has anyone ever had experience with them? May be a way to go if they're legitimate.

great job! 

thank you all for your information! That clears it all up for me!! I understand it now! 

thanks Zack! But I would be flipping so what number would I want to look at to know the property is a "go"? Can you explain that? 

Thanks again

Katie

Can someone please explain to me the 70% rule and specifically the numbers you are looking at? Thanks

We just bought a home in Nov 2014 that had foundation issues which were repaired but the cracks keep coming, doors that once opened and closed now don't, etc. it's never ending. Found out after the fact this was the third foundation repair done to the home. My advice, find out about previous repairs, if house sits on expansive soil or what type of land it sits on and if on expansive soil, pass on it because you will constantly be throwing thousands of dollars towards beam placement or adjustments. We are fixing ours up and selling ASAP!!!!

also check out mobilehomeinvesting.com with John Fedro. He has mentoring but also you can listen to podcasts, videos and read articles. If you sign up for email then he sends  you weekly "assignments" which are great and you can email him any time with questions. I haven't paid anything and have learned a ton! 

Good Luck

Hi Ian,

I live in Plano and if I didn't have a family I'd move out of my home and rent to you! Rentals around here go very quickly but with your price range you should be able to find something. Irving, Carrollton, garland, and Richardson can be so so areas. Just depends on where you are in each of those areas. We found our past rentals by going through a major RE company and asking for agent that dealt in rental properties. That's really the best way if you are trying to do this from long distance as we have learned people on craigslist, etc Photoshop their pics and you waste alot of time looking at properties you would have never considered. Try calling Keller Williams in Dallas and ask for Ashley Nesbitt. We talked with her once and she was willing to go look at properties before hand to see if it's even worth your time.  It's been over a year since we talked to her so hopefully she is still there. Very nice lady. If she's not there, then I would ask for an agent that specializes in rentals. Good luck!! 

Hi Helen,

I have two things to say; welcome to BP and ROLL TIDE!!!!! 

Happy Investing!