All Forum Posts by: Davide Pascucci

 Sounds Great!!! So, once again, let's do the math and see what happen! Maybe you can re-pay easily the roof with your rents and get positive cashflow.

Check the actual operation performance of the property like:

It's already tenants ooccupied?

If yes, what is the vacancy rate?

Ask the seller to give you the rent rolls and check effectively with is the amount of every single unit.

Are you thinking to live in the property?

Do you want to manage the property yourself?

One last thing, be careful if you working on a pro-forma furnished by the realtor, the numbers sometimes are crazy...

Hope is gonna help you!!

ALAMO TITLE serves Houston and San Antonio, here is the website:

http://www.alamotitle-houston.com/

Have Fun!!!

In my opinion the real estate remain still a good investment/business because has the "SLOW" characteristic that means that do not react directly proportionally with the stock market and no matter is going to happen the people needs a roof...

Anyway, about the Houston market, I was just reading from the Houston Business Journal that the top 10 jobs are based on medical and/or import/export industries, no one was in the oil & gas area.

Another KPI is that Houston have still a shortage of houses respect to the request.

However, if you driving around downtown/uptown you can see a lot of new buildings/condo/town etc... that are ready to open...

In conclusion, I think there are a lot of opportunities in the Clutch city...

Thank you Guys, I'll do, I'm feeling that I need more reading and seeking info, then I'll be ready to play as soon as possible!!!

Good Job!!! Keep Going!!! I hope in the near future I will in your same situation!!! I wish you the best!!!

Hello Everyone, I'm just starting and I'm from Houston too, and I'm here to learn more and get connected with people near me and maybe do some deals one day...