All Forum Posts by: Mak K.

Hi,

I am considering one of the properties to do a furnish housing. I want to know what it takes to make it a good model. Is cash flow really good or is it too much headache? What is a cash flow look like. I have a 3 bed, 2,5 bath 1800 sf in Houston City in a good area.  Traditional rent would be $1800/mo. What would furnished listing look like and how much is the vacancies etc?

Hi, I know all data is on the county website but it is time consuming and not user friendly. Are there websites I can refer to for foreclosures which shows listings, data, statistics and more userfriendly. I am ok with some payment but do not want to pay a lot as I am still learning this area.

My lesson is: There is no rush to jump in. There will be properties. If it does not make sense, donot buy and its easy to wait. My first property took 8 months, second, 7 months, and others I could figure it out and was two in a month etc. Between 2- 3 properties I waited 2 years just because Covid premium did not make sense.. anyways.. point is, it has to make business sense for you. Its ok to wait wait rather than jump in and loose money

Hi, I am looking at some lots in Harris county/TX area and I see many of them have "Restriction of Use" document during the listing. The restrictions are " The house needs to be 2500 SF or 3000 SF living space, and other restrictions similar to the HOA. Some states the lot cannot be divided or can only be divided in 2-3 smaller lots etc etc.

Are these restrictions which stay with the land for its entire life? Or can this be changed down the line?  Why would the seller make such restrictions and is there a way to change it?

Do you have updates... Did you rent it out?

Yes once in Eviction court, I heard judge state in the similar case. If landlord sends the money back with Check and tracking number, it is considered not accepted.

Hi,

What are your thoughts on renting a property to Home Care Patients who needs care. I know you have to modify the properties to ADA etc etc. Anybody had any luck with it and what is the rent expected and p&l, pros and cons?

I am facing the exact same issue. I am getting told many carriers do not want to write policies in Harris county while we had no hurricanes or floods or anything in last 5 years. I am in houston. PM me. Do you have suggestions on any brokers? PM me pls

Hi,

I am getting crazy prices in $5-$6K for landlord insurance in Harris/Houston. Anybody having luck with any carriers hungry for business? Any carrier names suggestions

Curious how did you find the property? MLS?