All Forum Posts by: Austin Hughes

Hey @Matt Moreland, I'm surprised we haven't crossed paths before. Reach out to me and let's grab lunch some time.

 Congrats. What kind of investing are you looking to do?

If I find one that's reliable I'll let you know :D haha.

Best thing you can do is protect yourself via contracts and lien release forms when payment is made. Then eventually (we) will come across the right handyman.

Hey Kaity, I do a lot of business here. Feel free to reach out with any questions you may have...Who to use, who not to use, etc.

@Matthew Orr You should get with Garrott Nalle. He's being modest...he's got financial expertise, AND he is a pretty dang good investor himself. So he will lead you down the right path.

Buying a 16 unit apartment in Odessa. I'm looking for contacts in town! Good contractors/handymen/property managers.

There IS one, although it meets at different spots now. There is also a network on Facebook of (younger) investors, and we are having a social Saturday night!

I'm looking at a small-mid sized multifamily purchase in Odessa, TX near Odessa College. These are by a busy road, which can be a plus for walking, but a negative for road noise. Nothing fancy--bare amenities, including window units (no central AC). But all are kept in good repair, and clean.

I am soaking up information as much as I can.

Things on my mind:

• What is a good cost per unit for studio apartments? what about 1 br apartments?
• What is a good rent for studio & 1 br apartments (sized 320 sqft and 450 sqft)?
• Are there good property managers in Odessa?
• For a C-Class apartment, what is a standard cap rate in Odessa right now?

Tag your West Texas friends!

THANKS!

 "Our favorite bank" hahaha. ;)
Hopefully we get a second shot once they get more money soon...and let's not spread the word too far this time so we can use it hahaha

 Thanks! I'll do this ASAP once contract is finalized.