All Forum Posts by: Liz C.

Thank you for try to help !

West New York area

4/21, had phone conversation with both steve from Norada and turkey provider , narrow down a single family with cap rate 7%, almost want to put tricker and just jump into my first deal but after asking on biggerpocket and think over the weekend myself . I can still find cap rate 7-8% in NJ. Why invest on houston for 7%? For second phone call steve was still easy to reach and very transparent and patient when help me to narrow down the properties . I do feel like I have someone holding my hand on the process as a newbie turnkey buyer. 4/25 today Email steve for other city turnkey listings. And let him know 7% cap rate I lower than my expectations of investing. So I ask him to connect me with others state turn key providers. So far everything is very positive with steven from norada. I will keep updating my story .

Steve Olson Marco Santarelli thank you for both of your replies. Steve Olson , I have sent you a email. Thanks

Cody L. Thank you for your reply, do you mind share with me your Motown zip code and the place has no one rent zipcode? You can PM me if you wish. Thank you! I am about to buy a one family house. But has always invest on studio or one bedroom condo before . Little worry about the house repair might be very larger amount compare to condominium

Hi everyone, I have question on land trust, for those who choose your trustee, I can choose my sister or my mom , But she lives same city as me. And my investment property will be on another state. How do you guys choose trustee for out of state investment ? I undestand trustee has to sign papers on my behalf . And I don't have anyone I know well on put of state. Thank you

Hi everyone , I have some question regarding the Houston Texas before I jump into my first turnkey purchase. In the media shows it has 10% vacancy rate on Texas and in downtown area some reaches 40%. Those numbers are unusual high compare to New York City where I am familiar with. Now at same time the medias says Houston Texas are one of the hottest market right now to invest. How they are both so contradictory ? Can any local expert explains please? Thank you!

Hi everyone , I have a leak on the kitchen. Need one handy man on NJ area ASAP. Anyone can Recomend one? Thank you!

Nick S. ck , 4% will be too low. But again will houston have better ROI property to invest. When I invest in New York , usually it doubles the price every 10-15 year on the property so appreciation plays big picture. That's the thing I am not sure how houston Texas appreciates . If it doesn't appreciated on next 10 year I might end up losing Monday because the house will need a lot matienien . Also will rent increase? We have very stead rent increase about 3-5 % each year in New York .

Thank you all for your replies .here is what comes down for me to select. I am thinking about buying a turn key on Houston Texas price about 129k ,rent 1290. After insurance and tax PM , will make $750 a month . Zip code 77041 Anyone local can give me some inside of the location and the market appreciation and if this is s good buy and hold? Thanks! The school rating is about 4 and 5 out of 10. But location wise is 30 minutes to Houston and either steven from norada or the local turn key company both think this is a good buy. Let me know what do you guys think. Thanks