All Forum Posts by: Lyall Storandt

Greetings!

We have a great new off-market property available in the Middlebrook area of SE Houston.

Please call me directly at 405-361-1341 if you're interested in this property and have a verifiable proof of funds!

Price: $117,500.00

Rehab: $20,000.00

ARV: $175,000.00

Rents: $1,700 / month

Sherman Bridge out-of-pocket expense (total landlord solution): $24,845 / Estimated monthly cash flow: $676 / Annual ROI: 29%

Square footage: 1,649

Bedrooms: 3

Bathrooms: 2

Garage: 2

Year built: 1977

@Julie Marquez Awesome; thank you!

Will you PM me their contact information?

While we're at it, does anyone have any referrals for agents operating in the San Juan Islands, specifically on Orcas Island?

I was there recently and wanted to inquire about a vacant piece of land near where we stayed.

Thanks, guys!

Looking for a retail agent in Seattle to run some comps. on my sister's house. She's considering selling and I'd like to get her a ballpark value. If anyone has any referrals, they'd be much appreciated.

@Chris Drumm I don't think that's bad at all; as long as you're cash flowing a healthy amount each month, you should be fine. You can always re-finance out of the owner-finance note at some point in the future; usually after 6 or 12 months.

Greetings!

We have a great new off-market property available in the Quail Valley East area of Missouri City (SW of Houston).

Please call me directly at 405-361-1341 if you're interested in this property and have a verifiable proof of funds!

Price: $110,000.00

Rehab: $15,000.00

ARV: $140,000.00

Rents: $1,450 / month

Sherman Bridge out-of-pocket expense (total landlord solution): $36,280 / Estimated monthly cash flow: $629 / Annual ROI: 19%

Square footage: 1,652

Bedrooms: 3

Bathrooms: 2

Garage: 2

Year built: 1974

Greetings!

We have a great new off-market property available in the Tara area of Richmond (SW of Houston).

Please call me directly at 405-361-1341 if you're interested in this property and have a verifiable proof of funds!

Price: $135,000.00

Rehab: $5,000.00

ARV: $165,000.00

Rents: $1,600 / month

Sherman Bridge out-of-pocket expense (total landlord solution): $34,380 / Estimated monthly cash flow: $626 / Annual ROI: 20%

Square footage: 1,720

Bedrooms: 3

Bathrooms: 2

Garage: 2

Year built: 1993

@Mindy Jensen Not your fault, but that's disappointing. That was one of my favorite features that actually made the Pro membership worth paying for. I'd really prefer to be able to ask and answer questions or send referrals privately without having to necessarily be connected to that person as a colleague.

Case in point: occasionally I receive colleague requests with no message attached to it. Previously, I would visit that person's profile and then send them a follow-up message before confirming them as a colleague. Now, I can't communicate with that person to confirm that I actually want to be connected to them.

Another example: someone asking for a referral in the forums. Previously, I could just send them what they're looking for without being connected to them. Now, I have to send it along with a colleague request before I determine whether or not I actually want to be connected to that person.

Again, not your fault but please share this feedback with your colleagues. =o)

@Account Closed Hey Tianca, welcome to site!

Regarding whether or not to use your own name for deals, it would depend on what types of deals you're looking to do right now. I'd recommend seeking the counsel of a CPA and / or attorney to discuss the implications of using a company vs. your name.

In the meantime you can get business cards made that have your name, contact info, and possibly a generic title like "investor" or "real estate investor."

There are lots of active Bigger Pockets members here in Houston. Let us know if we can ever be of assistance!

Good morning!

Are pro members no longer allowed to message other members without first being colleagues?