All Forum Posts by: Cristin Andrews

Due to the high property taxes and rising insurance rates and having 100 and 500 year floods every year or two - I have elected to invest outside of Houston 

Big changes always come with fear. What would be the worst case scenario and could you cope with that if it happened? What is the likelihood it could happen? What risk mitigation’s could you put in place to keep it from happening? These are the thoughts that help me get beyond the fear of making big changes. Then flip it. What is the best thing that could happen? How likely is that? What can you do to help that scenario along?

GitHub/gitlab, Jira etc. all have bug/issue tracking options. It depends if you are looking for something just for you to track issues - then I would say just use excel or if you need to be assigning out to different task owners and having the system do the tracking and reporting

My main one is having someone come clean my house. 

The other is to make sure I don't "touch" things more times than needed. Like when going through mail - I deal with it immediately instead of putting in piles for later.

Thanks all for the input. I think I probably won’t buy the condo. 

I didn’t but now I can’t unthink it. 

@Stephen Stokes That is interesting that you mention the IRA. He does have one that he opened on his 18th birthday but he doesn't currently work so only has a few thousand in it - definitely not enough for an Austin down payment even FHA

Would an FHA allow me to loan him the additional funds?

My son is just about to start his sophomore year at UT Austin and plans to stay for Masters but may end up transferring elsewhere for Masters. Seems this area is an equity play vs cashflow. With taxes and HOA fees that equity would need to keep pace with these fee increases. In my research it seems that this area may be top of market now and therefore not worth buying at this time but I wanted to hear from those of you that know the market if my assumptions seem correct.

Easiest thing for you to do would be a house hack. Buy a 3 or 4 bedroom house with 3.5% down (this will require you to live in it) and then rent out the other rooms so that your personal “rent” costs are as close to zero as possible. While living there basically “rent free” save your cash for next deal. 

Thanks. I guess my question was more about the when part of the how - are they for sale now? And how are delays in completion handled if contracted now but they aren't finished on time?