All Forum Posts by: Chris Sweeney

You can change your insurance policy and require tenants to provide renters insurance.

Jay has some solid points. I've sold lots of new homes here in TX. At times an "investor" comes through the door and they just don't know better. Warranty is good for first year but falls off coverage thereafter. HOA cost can hurt bottom line. Owners don't care for the renters so after we sell a few investors we get cut off. Tenants do like them and everything is usually in good working order other than the "break-on" period where a roof leak or the like was missed. No positive cash flow in my eyes even with accounting for less expenses given a new build. No flip options as your closing costs on the buy and sell wipe out any gains unless it's a long term hold while bleeding cash.

Hey Will. Welcome. Here's a perfect guide to get started. https://www.biggerpockets.com/real-estate-investing

You can pull cash purchases by zip code on List Source for free. It's a good indicator where investors are buying deals.

Credit unions are pretty strong. Amplify quoted 3.75% for 780 credit and about $250 in fees. $10 minimum and $4k for future cash pulled out.

A big welcome. Endless info here so have at it!

There's a bunch on meetup.com.

Welcome. I was in Oceanside 10 years ago. Keep the focus and energy up!

Welcome Sir. South Austin ain't half bad for deals.

Check out the American Assoc of Home Inspectors where you can search by zip