All Forum Posts by: Jay K.

What kind of work are you looking to get done?

@Howard Taylor that's amazing that you are in the industry on the West Coast. What segment hotels do you have in your portfolio? Which areas of LA do you have properties?

Following! Wishing you great luck in Houston. Let me know how your contractor does. I would be interested in bringing him some work.

I don't pay anyone up front. They may get a draw during the job, but I always keep a weeks pay for security.

I am a third generation hotelier; feel free to ask any questions regarding franchising, operations, or development ideas.

Interested! PM me with more details. 

Perfect investor property. Fully rehabbed with a brand new roof, electrical, HVAC,  plumbing, flooring, window, doors, etc. The appraisal was done in June 2018 and property came back at $139,500. 

No leaks or any issues. The property was designed to be energy efficient and sits near a major intersection of Interstate 10 & Enterprise Blvd making it a hot location and easily accessible. 

A city police officer owns a home directly next to the property making a safer and worry-free

  investment.

email details to [email protected]

PM me for more details, please. Interested.

@Josue Rivera No, I apologize for being so general. Keep the house that is there and develop the two vacant lots. Once you parcel them off, the value of the lots should be able to be leveraged to get some money into your construction loan should you decide to build on it. 

I agree with @Zachary LaJoye. Zoning restrictions can be partially a pain depending on your county and its zoning board. If it is zoned SFR presently, you can always apply for a multifamily zone, it just has to go to hearing and get approved. Negotiate this contingency into your purchase agreement prior to purchasing the family If you intend on developing duplexes on this property or converting the existing home into a duplex/triplex.