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Updated about 7 years ago on . Most recent reply

User Stats

22
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7
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Barclay Chan
  • Rental Property Investor
  • San Lorenzo, CA
7
Votes |
22
Posts

Contractor and agent needed for Houston area

Barclay Chan
  • Rental Property Investor
  • San Lorenzo, CA
Posted

Hi BP,

I am looking for a Houston contractor and real estate agent or wholesaler that can help me find discounted properties so I can BRRRR. I am looking for multi or single family, C neighborhoods and higher, 500 year floodplain to no flood zone (if flooded, by Harvey only) and maximum purchase price of $150,000.

What percentage of the ARV should I be paying for properties that were flooded once by Harvey? I browsed around Zillow and it looks like some of these flooded properties do not look discounted.

I would like suggestions on what areas to buy. A friend of mine told me to buy on the west side of Houston in areas such as Katy, Cypress, Sugar Land, Richmond or up north at Katy because she thought those were pretty good working class neighborhoods.

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