Manvel, TX · Member since 2014 · 309 posts · 127 votes
12y
Would you plan to flip this house or buy and hold? It seems like it doesn't need too much work, so it might be hard to make any profit on a flip.
If you want to use it as a rental, what kind of people would want to live here? A retired couple, maybe? Do retired couples move very often? My guess is that they don't, but I could be completely wrong about that. Maybe they'd move to be near grandchildren. The small size and 1 bath would not make it very attractive to families with kids. Maybe it would work well for a young couple or for a single person.
That's a very large yard. Do you think a renter would keep it mown?
Sorry I don't have any advice for you! We're newbie investors from Manvel, and I just thought I'd share the questions that came to my mind about the property in case it could give you more angles to consider.
Houston, TX · Member since 2013 · 7 posts · 2 votes
12y
Appreciate the comments Leigh, I'm looking to assign this to a buy and hold investor, if not I will update it a bit and put it on the market for retail.