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All Forum Posts by: Randon B.

Randon B. has started 19 posts and replied 154 times.

Post: First Investment: Duplex v. Single Family

Randon B.Posted
  • Appraiser
  • Austin, TX
  • Posts 162
  • Votes 19

A duplex was my first investment, I lived on one side and rented the other out. It didn't pay for the entirety of the mortgage but just about. Now cashflows just fine with both sides rented. I love duplexes

Post: Investor minded agent in Austin, TX

Randon B.Posted
  • Appraiser
  • Austin, TX
  • Posts 162
  • Votes 19

You make your money on the buy. If the numbers do not fit with your model, PASS. There are always deals to be had it's just finding them.

Post: Newbie from Austin, Texas with past RE experience

Randon B.Posted
  • Appraiser
  • Austin, TX
  • Posts 162
  • Votes 19

@Cloud Mason
Welcome to BP Cloud and ahoy from Austin. That's great that you have over come all of the challenges that you have faced and ready to get back into the game! Biggerpockets is such a great source for learning and connecting.

Post: Sub-Contractors in Austin, Texas ?

Randon B.Posted
  • Appraiser
  • Austin, TX
  • Posts 162
  • Votes 19

Contact Brad Mohesky for Painting. I've used him for several properties. 

512-921-6822

Post: Putting land Investments to the test

Randon B.Posted
  • Appraiser
  • Austin, TX
  • Posts 162
  • Votes 19

@Mike Alder

Dude this is awesome! when I was reading your response this morning. My office mate Patrick looked over and noticed your name and said ya'll are working on a deal together in Ohio. Small world

Yes please keep me updated on your progress. I'm mainly looking for property for my wife and I in rural Texas. But I any properties that I come across that don't fit what I'm looking for I'll try and sell on terms. Again the main hurdle in my mind is the due diligence on the property, and comping the properties out. Everything else is just marketing. 

Post: Putting land Investments to the test

Randon B.Posted
  • Appraiser
  • Austin, TX
  • Posts 162
  • Votes 19

@Mike Alder Hey Mike any results thus far? How was your response rate for the 1500 mailers? My biggest question is valuing the land, also the seller criteria to focus on. It seems that Mark Podolsky focuses on back taxes.

Post: How to Flip Raw/Vacant Land

Randon B.Posted
  • Appraiser
  • Austin, TX
  • Posts 162
  • Votes 19

Great question! @Account Closed

I would like to know the same. I run into title issues constantly and it seems there are more so on vacant lots. Usually due to probate and heirs.

Post: Vacant Lots Investing-Education

Randon B.Posted
  • Appraiser
  • Austin, TX
  • Posts 162
  • Votes 19

@Harry Asnien Did the courses help out as far as your first land purchase? Can you give any details about your deal? Or how you got it?

Thanks

Post: Great Fix and Flip Condo in Hot Austin TX Neighborhood

Randon B.Posted
  • Appraiser
  • Austin, TX
  • Posts 162
  • Votes 19

Austin is a hot market most are willing to make 20% to maintain volume and stay competitive.

Post: New Member from Austin, Texas area.

Randon B.Posted
  • Appraiser
  • Austin, TX
  • Posts 162
  • Votes 19

Welcome to BP @Terry Cobbs