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All Forum Posts by: Davide Pascucci

Davide Pascucci has started 5 posts and replied 17 times.

Post: Owner Occupied Investing in Houston Texas

Davide PascucciPosted
  • Investor
  • Katy, TX
  • Posts 18
  • Votes 4
Originally posted by @Walker Seid:

You should look around Cinco Ranch area. You might find something in that area for a live in flip.

 Are you sure in Cinco Ranch...? The price range is too high for His purpose, maybe is correct to say North to I-10, and nearly outside the Cinco Ranch area...

Post: MULTIFAMILY IN HOUSTON - 12 UNITS - SEEKING SYNDICATION!!!

Davide PascucciPosted
  • Investor
  • Katy, TX
  • Posts 18
  • Votes 4

Yes, correct

Post: MULTIFAMILY IN HOUSTON - 12 UNITS - SEEKING SYNDICATION!!!

Davide PascucciPosted
  • Investor
  • Katy, TX
  • Posts 18
  • Votes 4

2 CONDOS - 100% OCCUPIED, ALL IN GREAT CONDITION

PROPERTY IS LOCATED NEAR HWY 59S IN THE SOUTHWEST AREA OF HOUSTON. CLOSE ACCESS TO SUGARLAND, BELLAIRE, THE GALLERIA AND DOWNTOWN.

Here are some macro data from my due diligence:

Cap Rate furnished by Agent 7.29% (7.82% per market area)

Annual NOI 14839,00 $

Cash on Cash 12%

Annual Cashflow 6000,00 $

The rents needs to be raised in accordance with the market.

Seeking 50000,00 $ and partnership!

I look forward to talk with you soon.

Best,
Davide

D&V Proprieties

Katy,TX

Post: FLIP QUICK QUESTION

Davide PascucciPosted
  • Investor
  • Katy, TX
  • Posts 18
  • Votes 4

Thanks!

Post: FLIP QUICK QUESTION

Davide PascucciPosted
  • Investor
  • Katy, TX
  • Posts 18
  • Votes 4

Hi Bigger Pockets addicts!

Quick question for you.

I came true a flip deal, the numbers runs good, but they do not give me any option period.

Should I go away or try to bet in a black box?

I would select the first option, but I'd like to know your expert opinion, and also if is normal way to propose a flip without option period...

I look forward to see some suggestion.

Thanks!

Post: LOOKING FOR REAL ESTATE AGENT/BROKER IN DENVER AREA

Davide PascucciPosted
  • Investor
  • Katy, TX
  • Posts 18
  • Votes 4

All,

I need some references in the Denver,CO area to do some markets studies and analyze MF proprieties.

Anybody with experience?

Thanks!

Post: Houston Texas, HOT or NOT?!?

Davide PascucciPosted
  • Investor
  • Katy, TX
  • Posts 18
  • Votes 4

I'd like to say, depending where you're focusing on. Even if We know that Bayou City is facing the oil slump very hardly, but there niche and part of the town that still performing well because are occupied by different types of professionals figure that are working in sector like maritime transport, medical, manufacturing and distribution.

My suggestion is to study the market, contact a local agent, read the news, and then make your decision based on real number and real prospective and area development.

Once again, depending everything on what Submarket your are going to focus.

Post: Dallas Fort Worth Investors

Davide PascucciPosted
  • Investor
  • Katy, TX
  • Posts 18
  • Votes 4
Originally posted by @Chris Soignier:

I'd be much more concerned about Houston, esp. the energy corridor on the west side of town.   Fort Worth's largest role in energy is natural gas, esp. capitalizing on the fracking boom of recent years. Texas' economy has greatly diversified since the last oil crash, and DFW is not overly reliant on energy.     We have a lot of jobs and people moving here continuously from CA and elsewhere due to Texas favorable business environment, DFW being a great airport for bus. travelers, relatively low cost of living, highly educated labor pool, etc.   As long as these trends continue, I expect energy prices to have a minimal impact.

I predict that holding off a year will result in having to pay ~5-7% more for your property.    I'm a REALTOR and investor in the area, let me know if I can help!

 Chris I agree completely with you, here in Houston we are seeing the oil slump, but about Dallas area I'm not worried, even better I think the Forth Worth/Dallas area is going to perform good this year due to the diversification that you mentioned. Also, I read some articles and studies, and Dallas is placed in the top 10 Real Estate market for this year.

However, as I see in your post that you are working in the Forth Worth/Dallas market, and I'm in searching of good professional, let's then connect and see what opportunities we have!!! Have a bless day! Best to y'all!!

Post: Seeking Real Estate Agent Investor-Friendly in Houston!

Davide PascucciPosted
  • Investor
  • Katy, TX
  • Posts 18
  • Votes 4

Hello Everyone,

I'm seeking a friendly Real Estate Agent in the Houston area.

Any suggestion?

Many Thanks.

Best,

Davide

Post: HARDWOOD FLOOR AND GRANITE COUNTERTOP - HOUSTON TX

Davide PascucciPosted
  • Investor
  • Katy, TX
  • Posts 18
  • Votes 4

Hello everyone,

I'm in the Greater Houston area, anyone can suggest me several retail stores that have good deals regarding of:

- HARDWOOD FLOOR;

- GRANITE COUNTERTOP.

Thanks in advance for your time!

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