I'm working with an investor who has a 681 credit score but he has an EIDL Covid loan that has been charged off. Can he get a DSCR loan?
I'm looking for perspectives from real estate investors familiar with the greater Houston market, particularly Rosenberg and Fort Bend County. I own a recently built residential property in Rosenberg, TX, and am currently exploring a sale. I'm interested in understanding what investors are priori...
One thing I would encourage every new investor to think about early is how the property will be legally owned and protected. It's easy to get focused on the purchase price, rental income, financing, and insurance, but the ownership structure matters too. Depending on your goals and circumstances,...
Townhome and infill builders: if you're putting more units on a Houston lot, get the city's water and wastewater impact fees into your numbers before you make the offer. 1) Since July 1, 2026 the City of Houston charges $1,830.24 per service unit for wastewater and $2,553.11 per service unit for ...
Builders and wholesalers pricing Houston teardowns: check the 500-year floodplain before you check comps. Since September 1, 2018, the City of Houston's Chapter 19 rules require new homes in the 500-year floodplain, not just the 100-year, to be built 2 feet above the 500-year flood elevation. Fro...
Out-of-state buyers keep asking me if they should self-manage a Houston rental. Most underwrite the PM at "8%" and stop there. In year one the leasing fee is the bigger hit. Published Houston pricing (iPropertyManagement survey of 13 local firms): 1) Monthly fee: 8.3% average for one single-famil...
Hi, I've listened to pod casts that push STRs to high income earners as a way of decreasing active income taxes. Are their reputable companies to look for to take advantage of this loop hole? What are the potential liabilities of this strategy? Josh
Hi everyone, would like some help to navigate my next steps. I have an ADU that's about 322 sq ft. It has given me great returns but we have had to do some work as expected over the past three years. Would like to optimize my ADU by building another unit on top. Because of flooding issues and uns...
What strategies are people using to make deals work in today’s market? I’m struggling to find deals that cash flow. Any tips anyone has that is working for them? I’m located in the west houston market (fort bend county).
Hi everyone, I’m a credit analyst at a real estate lending bank with experience in underwriting, ARVs, and deal risk, and I’m looking for advice on my first fix & flip. I have savings and plan to use hard money loans, focusing on one single-family deal at a time with cosmetic/light rehab. I recen...
I'm interested in learning how real estate agents manage their prospecting and follow-up systems. One challenge in real estate is that a potential client may be interested today but not ready to buy or sell for several weeks or months. I'm curious about how experienced agents handle this. 1. How ...
Hey everyone, I am in north Houston and looking to connect with other real estate investors! I own one rental and looking to raise capital and expand my portfolio. I have plenty of time to put into finding deals and doing the legwork but could use some help properly analyzing the deal and putting...
Hello everyone, My recent post regarding this topic was very vague so I'm reposting it. I own 2 single-family lots in the suburbs of Houston, Tx. They are each roughly 10k sqft. I'm looking to build 2 spec homes at 2000 sqft on stilts. Each will be 3 bed 2 bath with enclosed 2 car garage. I alrea...
I've done everything right. I bought low. You stayed on budget and finished a major renovation, including roof, electrical, plumbing, added bedroom, bathroom and walk in closet, redid hardwood floors, new kitchen, sheetrock and paint in 5 months. The numbers still look good but now the house is j...
Hey BP Family, I'm an Investment Agent for an off market brokerage in Houston. Lately, I've been receiving mixed emotions from the investors and landlords I work with. On one hand, I receive feedback from investors saying that the market is too terrible to keep investing at the volume they once w...
Hey all, I’ve got a single-family in Texas that I bought with hard money and the rehab is done. Looking to move it into a long-term DSCR loan and trying to get a feel for what’s actually doable right now. Curious what people are seeing for: • 75% or 80% LTV on a refi out of hard money — is 80% re...
Builders and wholesalers pricing Houston infill: the tax on a spec home is set by one date, not by when you close. 1) Texas appraises property at market value as of January 1 (Tax Code 23.01). Whatever stands on the lot that morning is what gets valued for the whole year. A home finished in late ...
Hello, I am in the early stages and need to build my team before I buy. I'm also trying to learn how to analyze the deals myself rather than just relying on someone else to tell me whether a property is a good deal. I am working on understanding ARV, comps, rehab costs, rental comps, DSCR, refina...
Out-of-state buyers usually underwrite insurance as one annual premium. On an older Inner Loop house, two policy lines can matter more than the premium. 1) Wind and hail deductible. The Insurance Information Institute puts these at 1% to 5% of insured value, and they can be separate from your reg...
If you own a Houston rental from out of state, Texas eviction rules changed for cases filed since January 1, 2026 (SB 38). What belongs in your lease and your underwriting: 1) Trials must be held within 21 days of filing, in JP and county court. An appeal to county court must be heard within 21 d...
If you build townhomes or small-lot homes in Houston, the lot math is the deal. 1) Houston cut its single-family minimum lot size from 5,000 sq ft to as low as 1,400 sq ft in the city center in 1998, then expanded the smaller lots citywide in 2013 (Bipartisan Policy Center summary of the reform)....
Hi, I’m looking for some advice about home inspections I have been giving certain deadlines by my seller, which is a no construction developer (Lennar Homes in the Houston Texas area), which are as followers: New Home Celebration: November 4 Final Walk (if necessary): November 11 Estimated Closin...
Out-of-state buyers often underwrite off the seller's last tax bill. For a rental in Texas, that bill can be well under what you'll pay, because the seller's homestead exemption doesn't come with the house. HISD is a clean example. Its homestead exemption is $140,000 plus 20% of appraised value, ...
In Houston, the homes that cover their payment are spread across the whole city rather than bunched into a few ZIPs. Each week I run every 1–4 unit home for sale in the city of Houston through one test: would a 12-month lease cover principal, interest, taxes, insurance and HOA? That's DSCR 1.0, t...
If you are an investor or a realtor in Houston I welcome your feedback. I built a tool for my investor clients that automatically calculates EVERY listing on HAR (our MLS) and it tells you if it cash flows. Then it allows the user to filter the properties based on how they want to finance the pro...