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All Forum Posts by: Tuan Le

Tuan Le has started 6 posts and replied 123 times.

Post: Oil Prices Dropping!!!!!

Tuan LePosted
  • Investor
  • Houston, TX
  • Posts 142
  • Votes 32

I agree with @Sharon Tzib .  Houston job economy is so diverse now that I don't think it would be hard for people to transfer their skills.  For example, medical industry in Houston is booming so any professional job can still apply there.

People may not buy homes for themselves because of job uncertainty.  But for investment purposes, I don't think it would affect anything as long as the numbers are good.  Either way, people have to live somewhere and we are offering a nice affordable product.

Post: Cellphone Ringtone

Tuan LePosted
  • Investor
  • Houston, TX
  • Posts 142
  • Votes 32
Originally posted by @Curt Davis:

I think you need to get rid of one of the phones and just have one.  

 lol.

Why do you need 2 phones?  You can sign up with Google Voice and technically have 2 numbers on 1 phone.

Post: Plumber / Plumbing contractor in Houston, TX recommendation

Tuan LePosted
  • Investor
  • Houston, TX
  • Posts 142
  • Votes 32

I'm looking for a plumber that uses camera technology to help clear a stoppage.

I have a townhome and the washer and dryer is located outside in a utility room.  The washer drain pipe keeps overflowing.  I used a plumber from my home warranty and he ran a line with no success.  

Any recommendations from fellow investors?

Post: Turnkey Buyers - Need feedback

Tuan LePosted
  • Investor
  • Houston, TX
  • Posts 142
  • Votes 32

I've never used a turn-key provider before so this is a great idea!  I'm sure it will help a lot of investors.  Good luck!  I'll be following the progress,

Post: Using BP calculator

Tuan LePosted
  • Investor
  • Houston, TX
  • Posts 142
  • Votes 32

It all depends on your real estate goal.

My goal is cash flow for each property. No cashflow. No go. 

I also make sure my Cash on Cash return is higher than other investment instruments out there.

Originally posted by @David Daniels:
Originally posted by @Tuan Le:
Originally posted by @David Daniels:
Originally posted by @Tuan Le:

I just looked up recently solds in the same subdivision from 01/01/2013. The highest sold was $362,000 (1397sq ft) in 11/14.  It's worth around 300k-350k depending on your upgrades.  I can send you the comps.  Just PM me your email address.

Thank you Tuan, I did send you a message, im not sure if you got it.

 I got it and emailed you the comps.  Let me know how it goes.  Apparently, it's a hot subdivision so good luck.

Oh Im not planning on making a move yet lol but your comp were similar to mine, which is a good thing. The only thing I ignore was the 2013 comparison for the property (thought it was a little bit  too far back). but i didnt ignore completely i paid attention at what thing were being sold a couple year ago If not mistaken seem like the market in that subdivision rose a little bit.

 I had to go 2013 because when I ran it for 2014, there weren't many properties sold that year.  Going back to 2013 at least gave you a few more properties to analyze.

Originally posted by @David Daniels:
Originally posted by @Tuan Le:

I just looked up recently solds in the same subdivision from 01/01/2013. The highest sold was $362,000 (1397sq ft) in 11/14.  It's worth around 300k-350k depending on your upgrades.  I can send you the comps.  Just PM me your email address.

Thank you Tuan, I did send you a message, im not sure if you got it.

 I got it and emailed you the comps.  Let me know how it goes.  Apparently, it's a hot subdivision so good luck.

Post: 2 Duplexes on same property!! Houston, TX 77026

Tuan LePosted
  • Investor
  • Houston, TX
  • Posts 142
  • Votes 32

What area is this in?

Post: Hola from Houston, Tx

Tuan LePosted
  • Investor
  • Houston, TX
  • Posts 142
  • Votes 32

I haven't gone to any yet.  I will probably go to the next one which is this Thursday

http://www.biggerpockets.com/forums/521/topics/165886-houston-meetup---january-29-2015

I just looked up recently solds in the same subdivision from 01/01/2013. The highest sold was $362,000 (1397sq ft) in 11/14.  It's worth around 300k-350k depending on your upgrades.  I can send you the comps.  Just PM me your email address.