All Forum Posts by: Shaun Inniss

I definitely appreciate all you guys for the feedback. After taking more time to do my due diligence on this property it would not be a great investment, as it will have a negative ROI. Thanks again for your comments and support.

Currently under contract for my first deal, a New Construction two story Duplex located in the Sunnyside Area and currently doing my due diligence before finalizing the deal. Asking price of this Duplex is $475k. Financing the property through FHA and I plan to live in the property for a year. With the rental rates being upwards of $1850 per unit and mortgage payment is estimated at $3275.73, Im aware that this property won't cash flow immediately while it is my primary residence but plan to keep it as a rental. In total i will bring around $37k to close.  While house hacking the investment it would not be cheaper than renting another apartment but will potentially cash flow once I move out. Contemplating if this is a good deal now and long term, does anyone in the Houston Market have any advice in regards to analyzing this deal?

Thanks in advance.

Updated less than a minute ago

Currently under contract for my first deal, a two story Duplex in the Houston Market and currently doing my due diligence before finalizing the deal. Asking price of this Duplex is $475k. Financing the property through FHA and plan to live in the property for a year. With the rental rates being upwards of $1850 per unit and mortgage payment is estimated at $3275.73, Im aware that this property won't cash flow immediately while it is my primary residence but plan to keep it as a rental. Contemplating if this is a good deal now and long term, does any have any advice in regards to analyzing this deal?

Thanks in advance. 

Hello,

Is anybody familiar with how to transfer an investment property from your personal name over into an LLC?

Thanks

Anyone know of any wholesaler friendly title companies in VA preferably in the Norfolk or Virginia Beach area?

Anyone know of any wholesaler friendly title companies in VA preferably in the Norfolk or Virginia Beach area?

Are there any bigger pockets real estate meet up groups and/or seminars, etc located in the Houston Area?

@Frank Scaffidi thanks for that insight.

I'm a new investor who just opened an self directed IRA. Any suggestions on the first steps to acquiring properties via my IRA?