All Forum Posts by: Sarah Lam

@Will Barnard Have a sympathy vote on me :)

@Ali Boone - Yes! Would absolutely love to have you join :) Are you in town?

There are some parking garages/lots within a few blocks, but street parking is scarce.

Missed a few people:

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Hey everybody,

I can't meet Wednesday the 13th anymore. Do you guys mind if we move it to Monday, 11/18 at 6:30ish? Let's do it at the same place to keep it simple - Rogue at 673 Union St. I hope this works out for more people!

@Lillian Mitchell

@Pete Tam

@Andrew N.

@Johnson H.

@Amit M.

@Bill Bockwoldt

@Frank Wu

@Kyle Tam

@Ralph E.

@Peter K.

Hey @Andrew N. - Just sent you a message! :)

Hi @Christopher Tredennick - This property actually sold to someone else. Sorry, but maybe another one of the Houston investors here can chime in? I know David Jackson mentioned that the rents were accurate for a 4/2.5

@Dawn Anastasi - this is so amazing, I am still trying to believe these numbers! Wow! Talk about a home run :)

Thanks, Jerry! Happy to help :)

To update everybody, I emailed the company again, because they never responded to my request for the scope of work for the property. I was told that it had sold the next day, which is why they never got back to me. It wasn't meant to be for me, but there's always more deals out there to find. Continuing on with my search :)

Hey @Gil Dotan - just sent you a message. My preference is for multi family because of the reduced vacancy risk, but just know that multi's do tend to have a higher frequency of turnover (renters stay in houses longer), so expenses will be higher. There was a recent blog post on the pros and cons of SFR vs MFR investing here: http://www.biggerpockets.com/renewsblog/2013/10/21/pros-cons-single-family-rental-properties/

If I could find other SFR's that meet my personal investing criteria for the Houston area, I would definitely go for it. Again, my preference for SFR is market-specific. Different cities have different market conditions.

@Jerry W. - just sent you a message! :)