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Updated about 2 years ago on . Most recent reply

User Stats

6
Posts
3
Votes
Caleb Erwin
3
Votes |
6
Posts

A good problem to have

Caleb Erwin
Posted

Hello, my name is Caleb. I’m in Fort Worth, and I’m a relatively new investor. About 4 years and I have 3 properties, just a small fry. I currently live in an RV on a property that I rent to my brother. He pays below market rent, but it still pays for most of the mortgage. I have 2 other properties, one a standard 1960s burb house with no room for value add, just a great interest rate and growing location. The other is a 1.25 acre property with no restrictions an hour from Fort Worth in Hillsboro, Tx. I think this town will grow, as it naturally bridges Fort Worth and Waco. This property currently has a 900sqft finished shed-house conversion that was done extremely well, and cash flows well. The land is the perfect layout to build one or 2 more of these on the property. Utilities run directly behind where i would need them, land is flat and the current house is all the way at the back already. Does anyone have any suggested strategy with this small amount of info? I can provide more details. 

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