All Forum Posts by: Viktor Mironov

Hello Jared, 

I am located in the Houston area but have been interested for a while to invest in Kileen. I am a vet and would love to attend one of these meetings. However, i work a 9-5 Mon-Fri, so i wouldn't be able to unless one of these meetings was over the weekend.

Thank you for your input.

Looking back on this, I am thinking that private money lender will be the best way to go and paying interest only on the loan, rehab, then refinance with my bank. 

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Hello everyone,

I am brand new to RE investing. Still trying to get my foot in the door. As I am reading and expanding my knowledge, I am running the numbers on a few deals per day. I came across this little deal here. It is a little snippet of a property I saw for sale. Asking price is $150k but the only way the numbers make sense to me is at 50k. The two properties look like they need some work done to them. I drove the area on Monday and it is in the ghetto. However, the area is undergoing major gentrification and all homes built around this particular neighborhood start at $300k plus. I am thinking within the next 5-10 years, the entire area will be completely gentrified which will force all the lower class home owners and renters to move out. It's biking distance from downtown and the city's nightlife. Please advise if investing in such an area is a good idea. Thank you to everyone in advance.

Hello everyone, 

I am brand new to RE investing. Still trying to get my foot in the door. As I am reading and expanding my knowledge, I am running the numbers on a few deals per day. I came across this little deal here. It is a little snippet of a property I saw for sale. Asking price is $150k but the only way the numbers make sense to me is at 50k. The two properties look like they need some work done to them. I drove the area on Monday and it is in the ghetto. However, the area is undergoing major gentrification and all homes built around this particular neighborhood start at $300k plus. I am thinking within the next 5-10 years, the entire area will be completely gentrified which will force all the lower class home owners and renters to move out. It's biking distance from downtown and the city's nightlife. Please advise if investing in such an area is a good idea. Thank you to everyone in advance. 

Looks great. Excited to meet local Houston investors and learn as much as possible from you guys. I am new to real estate investing and would love to sit in and just soak up as much information as possible.