All Forum Posts by: Brian Hatcher

Interested, can you provide some pictures and extra details?

[email protected]

@Jake Milan Sounds good, let's stay in touch!

@Mykia Long Definitely! I work a pretty crazy schedule but I'm sure we could meet for lunch or something?

@Christopher Phillips Yes, I will occupy the property.

Hello all,

I am currently looking at a property that doesn't seem to need too much work. It is an older home and really just needs updates in kitchens like counters and a few appliances. Some paint and a deep cleaning. It has 3 units and each would need the work.

I'm stuck on whether I should use a hard money loan or just go with 203k to complete these renovations? What are your thought's? My initial assumption is that the Hard Money could cost me more than just lumping everything under one loan. 

If anyone can help me break down the Pro's and Con's it would be much appreciated!

Thanks in advance!

Matthew Gullo I would love to be a part of that meet up, please pm me with details and I’ll be there!

Nate Burgher thanks Nate, I currently am working with a good realtor, who is knowledgeable but doesn’t necessarily have the right investment mindset for finding what I am looking for. I’m hoping that I can find a good member here on BP who can recommend me a good realtor.

Jeremy Pakalka thanks for the advice! Those locations are not the only places I am looking, just my main focus points since they meet a lot of the criteria I am looking for. Since you are a realtor in the area, would you mind working with me in searching for a property? I’m not strictly looking for multifamily, but also single family that have garage apartments or detached living. I have seen a lot of this in the area. I have found a few properties that need some work but am unsure of whether I should take on a large rehab as my first endeavor.

Hello all,

I have recently moved to Houston in the last month because I have accepted a job downtown. I would like to purchase a small multifamily property to househack so that I can get off on the right foot towards financial freedom. I have been looking in the EaDo and Northside village areas since they are close to work and also seem to be areas that are becoming revitalized with a lot of newer construction and small businesses. 

Any tips for other areas where I should be looking?

Does anyone know of a good investor friendly contractor since I will likely be purchasing a fixer-upper?

Also, I would love to network with local investors in the area. My job is pretty intensive throughout the week but I would love to attend weekend meetups or even just grab some coffee or lunch.

Thanks in advance for the replies!

@Andrew Postell Wow, great things to consider! I will definitely look into this more until then I will invest in the 401k!

@Jim Kennedy  Thank you for the helpful advice, I already have my CPA all planned out and plan to finish it by June of next year.