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6 July 2018 | 14 replies
I've seen too many people who appear healthy, working their tails off and then they deteriorate way too young and never get to even enjoy "retirement age" (regardless of whether they actually retire or not).Based on what I've read here (on BP forums) and after speaking to family/friends we decided to grow our investment portfolio further.
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11 October 2018 | 15 replies
Standard in many homes in TX....they all settle due the make up of the soil.
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2 November 2017 | 5 replies
lol I like to have a healthy equity so if something goes bad, I've got some backup.
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4 November 2017 | 6 replies
If you're trying to market to investors and developers you need to understand how to run a pro forma and do some calculations instead of just forwarding newly listed properties that don't even pencil out.For development, you will need to understand even more the due diligence developers need to evaluate or do before building--soil report, survey, civil engineering, zoning, set backs, FAR.
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3 December 2017 | 152 replies
Texas is the last place I would personally buy a rental if I did not live in Texas for all the reasons you mention add in soil problems and hail storms etc..
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9 November 2017 | 4 replies
The existing tenants have mentioned separately (this is an up/down duplex) of smell of mold.This is not difficult to believe if in fact there are these obvious cracks on the home exterior.There is no doubt water/moisture is getting into the home and creating a condition for mold to grow.We had a structural engineer out to do our buyer’s inspection yesterday, report is due out later this evening (11/04/17).Verbal communication while on site, indicated a mutually shared concern over these cracks.The roof appears fine.A wall in the backyard will need replacing as the soil weight has almost pushed this wall over and it is only a matter of time before this thing comes falling over.Boiler may need replaced, windows as there is some clear cold.These are just concerns at this time but inspection report will lay all this out once received later today.I should have been a little smarter in not agreeing to a change in inspection objection deadline when it was presented by seller.My buyer’s agent and I should really have talked this one over, as I realize now that, it left us with only hours after inspection to come up with our inspection objection response and to be honest I will not have time to get bids for any of the extensive repair items which I do not doubt will be confirmed in the report received later today.Seeking any advice that you can give on the following: Would you proceed with purchase of the above detailed home?
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6 November 2017 | 10 replies
Be sure to keep a healthy amount aside for reserve, emergencies, and repairs that need immediate attention.
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9 November 2017 | 11 replies
They just want healthy, cashflowing properties with no headaches and will probably never do a value-add deal themselves but love to buy successful ones.
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6 November 2017 | 1 reply
Not sure what kind of soil, air, environment goat heads thrive in out in Idaho.
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10 August 2019 | 35 replies
Most likely due to soil moving or settlement.