All Forum Posts by: Melissa Man

@Marc Tuckey. Yes I’m looking for cash flow. I’m not even sure, if that area is even worth having a house there since there isn’t anything thing up and coming. Like Frisco and Plano.

@Marc Tuckey. The rent to value ratio is I’m hoping for $ 2000 a month. Value is $289.900. The concern also is that my new build is on the block by itself I’m the first house being built and there are maybe 2 other homes behind mind . Who wants to rent a house for that amount where there is no other homes.

I’ve been taking to someone whom has been so helpful. I wanted to see if anyone else knows of the Union Park area is Aubrey, Little Elm near Denton co. Area is doing. I purchased a house, im about a month or 2 from closing ( new build). Building of new homes have slowed down and I’m the only house on my block. I’m thinking, i should back out of this deal. I was planning on renting it. I’m afraid the market my stay stagnant and the value of my house will go down since it’s a construction zone. Who would want to rent it anyway.?! Does anyone know if it’s a good investment or not to definitely get out of this.

@Jason Hirko.. no not rented out yet. I shoukd be closing on the house in December. Since the slow down, I’m a bit concerned if I’m making a good investment

@Doug Shapiro hi. Im going to buy and hold. My concern is.. when I rent it will I be able to, since I’m the only house on the block, the block behind me has only a few homes being built. Or already built. Will things pick up again?

@Dave Passey. Exactly!! and now with the slow down.

I’m close to closing on my investment home. I’m stressed not knowing what I should do, should I get out of this Investment? ( I wIll lose a few K of MONIES I Had To PaY) Since The market Is slowIng down In texas. Plus the PossIble crash. I need some Good advIce PLEASE..

@Matt P. I was going to move there, I can’t find a job for what I do. So I decided to rent it out until I possibly can find a job if not. Rent it out for a few years see where the market is and sell

@Krishna Chava... I hope so

@Jason Hirko... not yet, since it’s in the final phase of being built.