All Forum Posts by: Richard Damian

@Jace Holt   how is the rental market  , any trouble renting properties ?   decent folks ?  thanks

any luck  in Lawton , i too am going next month  for rental  property search    , please advise , thanks 

any  luck , i am an investor from Houston Tx  , just purchased two rental houses  there , need to find a contractor also  , thanks 

sure 30k   may be a risk , that's why you do your homework , you don't buy a 30k house that is appraised for 30k    , you make sure it's resale value is above what you plan to put into it , check the neighborhood comps and make your decision , based on them  , you can make money off them  , just got to do your research  , like i said earlier  , made money off two 30k properties  before  , thanks 

STEPHEN  , I was thinking of investing there  also  , my wife has family  there , we go about  3 times a year   , great city with a lot of tourist  ,  Air Force Base / Army base , maybe  a Toyota manufacturing plant  ,  the city is tricky  on areas  , i would drive around the area and ask  the locals  on the area you are looking at  , great locations and then some , not so great  , but it is divided   , i am sure it will pay off  , Good Luck ! 

i have done 2 ..30k properties   in the past  4 years  here in Houston,Tx  area  , needed alot of work , foundation /roof / electric /plumbing ... big ticket items  , wasn't bad , becaue the neighborhood comps were in the 110k range    , after all said and done , listed and sold for 100k  , spent  on  rehab  35k / comm /closing 10k   came out with 25k profit ...