All Forum Posts by: Andrew McKinnon

Can we include lawyers? If so I’m game! 

@Cody L. inner looper here living in midtown. I guess no one likes to live life ln the edge. Would be great to do a local meet up.

Hey @Tochi Ajiwe I'm looking to do the same with my house in midtown. Think it could work for med students?

@Ryan Deasy

I’m gearing up to do this in Midtown, Houston - looking for law and medical students as I went to school at south Texas law school.

Would love to hear how you handle and manage a rent person room strategy!

@Wesley Kyle Schmidt that’s awesome man where scouts? Heights is blowing up

@Tushar Prasad just covering partial as it was my first deal that I honestly jumped when my numbers were a bit under (pretty newbie mistake) but my numbers are roughly

PITI - 2140

Tenants - 1500 (for two. I could raise rents but both are great)

I pay 640

All in with utilities split 3 ways and I’m out of pocket less than 850 a month which I like being right in midtown next to grey street with all that nightlife and new construction.

My plan is to move out and rent to law students (I went to law school downtown) and rent the master at 1k and the other 2 bedrooms at 800 each for 2600 per month netting about $400 a month. Again not the best numbers but I’m learning a lot about being a landlord and living cheap right now.

Hey Michael I am in midtown living in my first house hack! I am also looking for my next property next year would love to meet up and pick your brain about your area!

Just a question why don’t you bundle your rehab costs in with the hard money lender and then leave the other investors out?

@Nathan Gesner I imagine this term is included in a lease agreement? 

Welcome from Midtown!