All Forum Posts by: Alex J.

Thank you Andrew

So if it's say 3 sides of the house that need it you think 1300 x 3 installed turn key is reasonable?  Or is that just labor 

And yes u spelled Hardie wrong Lol

Hey all

Trying to get an idea of what cost would be to redo a house in Houston/Stafford

This is a 1600 sqft duplex that has tenants in there

I was wanting to redo the entire house as well as insulation (might as well since the exterior is coming out)

I have gotten a ballpark estimate of 10,000 which doesn't include paint...I found that to be a bit high

What are your thoughts?  Is this reasonable?  Paging Houston contractors!

Done this twice it's very lucrative but also very easy to bust a budget if you don't know what you are doing or have a smart architect and engineer

How deep of a discount are you planning to offer to market rate? That's all deep flood zone areas that's seen two to three years in a row in some areas... I'm interested but also highly skeptical

Although I don't see Amazon moving to la 

Some other major company should totally do that if Amazon doesn't

Especially since I am long multiple properties in the area :)

Here's to hoping

Why has nobody asked "what caused this liquidity event /windfall"

A million dollar payday and nobody is curious but me ?? Hahah

Do tell... everybody is great at giving advice but few have seen these type of events.

I've been lucky to see it myself...my approach is buy Cali Muni bond funds that give tax free return and offers liquidity...then go balls to the wall on deal finding

Goodluck

Paging Scott trench to this sub

@Kia Glass

just curious,,, being that you seem to be geographically closer to much more traditional cash flow areas... why Houston out of all places?

for rentals im not a huge fan of buying in spec areas... if you want bread and butter rentals, go to bread and butter areas for it.  I personally dont think houston is a big equity play city, not now at least... theres several reasons why that i wont bore you with but if you are not buying for cashflow in Houston i think you are making a big mistake.

the area you are talking about is going to be a young professional, hipster, millennial crowd... the risk is though this age demographic is starting to form families and im betting that history will repeat itself and they will find their way to the suburbs ...sure there will still be people that dont want that lifestyle, single professionals  etc, but i just dont believe this idea of EaDo will support the market pricing in the 5 yr time frame.

things are starting to reshape in houston surburbs , almost every one of them are starting to have "hipster" "trendy" type of things to be more identifiable to the next generation of buyers.

i think eastwood is nice and it has a lot of character but ask yourself would you raise kids in the area or be willing to be outside late at night... if your answer is no to both then you cant price it as a premium market

This looks like a valley circle woodland hills classic property