All Forum Posts by: William Lunsford

@Michael Delpier thanks for the feedback!

@Trey Watson my primary objective is to build compounding cash flow but also build unrealized net worth through longer term buy and hold.  I primarily utilize the spreadsheet to track whether or not a property would break even/lose/earn based on rent received vs overall costs on a property.  What do you typically track for your analysis and how would mine be good/bad overall from an experienced investors standpoint?  Thanks!

@Michael Delpier here is a sample analysis in 77389: 

@Michael Delpier let me take a look at my sheet and I will post an analysis on this feed outside of the excel file that I would have considered investing in.  Thanks!  @Debra Broussard appreciate the information.  My family is close to the horse ranch that flooded out in Spring.  It's crazy the amount of rain they received.  When I was growing up there it seemed like we got a massive flood like that about every 10-15 years.  When it rains in Houston it certainly pours.

@Jen Hoang thanks for the feedback.

Hello Everyone,

I am beginning my journey in real estate and am looking at investing in the North Houston area (Spring, The Woodlands, Conroe, etc) in the next year.  I grew up in Spring but left for college and then the military.  I now live all over the place but visit Spring 1-2 times per year.  I have had a pretty good perspective on the growth/changes to Spring over the last 20 yrs and feel pretty good about The Woodland's as a rental market, Spring would be my second choice.  Since I have never owned property as an investor in these areas, I would like some perspective on my analysis and also any input from current property owners that hold in Spring/Woodlands.  I am currently tracking for sale/rentals using a google docs tool I built.  

https://docs.google.com/spreadsheets/d/1bxAxiNgEu6...

If anyone is willing to look at my analysis on the profit worksheet I would appreciate it.  I am also tracking houses on market and rentals on separate worksheets.  I have programmed this sheet to pull data off zillow links. 

Thanks for any input in advance.

@Jeff Wallace  Thanks.  I will do some analysis on those areas also.

@Robert Seltzer I grew up in the Spring, TX area and am looking at investing there or The Woodlands in the next 9-12 mo's.  I have been doing some analysis over the past 18 mo's and feel pretty good with my purchase target.  Can you post here or PM me your overall experience so far with your properties?  How long have they taken to fill once vacated?  Are you competitively pricing your rents?  Has Spring ISD (I went to Spring High when it was rated 5 stars) been an issue for you getting in tenants?  Any information from a landlord/time on market perspective would be much appreciated.  Thanks!

@Account Closed thank you for the additional information.  I will take a look at this.  Have you been satisfied with the North Houston market to date?

@William Phillips I am currently active duty with a majority of my family in the Spring, TX area.  I am shifting my investment strategies to real estate and am looking to also begin my real estate journey in Spring, The Woodlands, Conroe.  I am currently in the research phase and am learning the market as an investor.  All of my family live in Spring so I think I have a good idea of the house values but am curious from a landlord perspective what your take is.  Can you share your experience to date on if you own and if so what your returns look like and what you currently budget for total management of your properties?  Also, would you be willing to share any leads on an agent who works with investors?  Thanks for your service!