All Forum Posts by: Taylor Stubbs

Here is the skinny... I have found a home that I am extremely interested in. 1800 sq/ft sits on 3/4 acre lot asking is 100k. It is in a rural area of texas about 15min outside of a small city. The home needs around 40k in rehab/renovation. My only concern is, the septic system. As far as I know it is in code and has been maintained over the years. It sits about 30 ft from the foundation. The earth around it has seemed to sag very little. I do have a foundation inspection scheduled as well as a septic inspection. My concern is; would having a septic throw red flags up to potential buyers? Would I be be limiting myself to a certain type of buyer?

I live In the houston area. There are many foreclosed properties on the market due to hurricane Harvey would it be wise to buy and flip a property like this?

@Taylor Stubbs.

@Taylor Stubbs.

I live In a small rural industrial town in southeast texas where the chemical plants are literally bigger than the city in which I live its about an hour south of houston on the coast. The area is up and coming and growing where the Petro chemical industry brings in billions. My question is, would it be wise for me to stay here in a more rural up and coming area or search for properties in a more established area ie. Houston or many of its surrounding suburbs?

I know that there are many factors to consider when asking this question to myself but I am curious to know what others think.

Thank you

thank you all for your advise

@Anthony bellesbach the property is in texas about an hour south of houston on the coast

@Taylor Stubbs.

@Taylor Stubbs?

What makes the most sense, using a contractor to execute the rehab or go with the more hands on approach? I understand that it depends on how much physical labor I am willing to put in but what I would like to know is what are the benefits from each method. I have found a property which I am in the process of financing. It's a foreclosure 1900sqft 3 bed 2 bath on 1.01acres priced @55k needs kitchen update. Has hard wood floors that need to be refinished. Needs counter tops and a lot of exterior paint and landscaping. I think I have pretty much answered my question but I would like to know what has worked for others. Thank you