It appraised for $201,000 and I put $103,000 in my pocket after closing costs and previous mortgage payoff. 

.💰 Financing is available—10% rates, $10MM+ loans, and builder deposits covering 10-15%—so how are you structuring your deals to minimize out-of-pocket costs and secure takeout contracts?

No properties yet.

She no longer buys warranties because she has found the repairs are often shoddy and slow.

In Spring Branch, new homes with modern amenities come with lower maintenance costs, but might have tough competition and higher initial expenses.

Focus on key areas first (like floors, walls, kitchen, or bathroom), which may help you handle the costs more gradually, even if it means moving in furniture or updating fixtures down the line.Also, since the tenant left it in rough shape, be sure to document all the damage (photos, receipts) in case you decide to pursue reimbursement through their security deposit or in court.

This will cost you money on the back end.

They have carrying costs.

@Dave MaloneEverytime I read “the goldmine is in the network” to me they are selling kegs of kool aid and it’s a circle you know what with nothing for itYou could read j Scott book and get a lot of info on costs etc.

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!