All Forum Posts by: Manuel J Hernandez

@Jaysen Medhurst the rent would be $1500 same as what the owners now used to rent it out for. Yes, it's a good rental and ready to go.

@Adam Gollatz the original owners rented it out for $1500 and they cash flowed i want to say about $250-$300. Spoke to my dad and he said the house just needs to have the holes covered up from where people hang stuff on the walls and that's literally it. They just painted the exterior about 2 weeks ago and replaced the roof 6 years ago.

My dad and I are trying to figure out to purchase this house as a rental property. The house is already rent ready but it could use a bit of repairs if we wanted about $5k - $7k worth. The seller is asking $120k and the ARV is $160k. He already has a mortgage loan on his house and I stay out of state. I was thinking hard money but looking into it I'm not really sure. How should we go about purchasing this house?

@Jean Marx that is awesome!!! Tell him I said thank you for his service. Yes, I would definitely love to go to one of those meetings. I have a newborn so it'll be pretty difficult to attend since I have to help the wife out. Are yall playing on staying here for awhile? My wife and I would also love to meet up with yall and talk about real estate.

I recently got stationed at Travis AFB and just started to get into the real estate investor world so if any of yall want to chat it up about real estate I'm all game.

Also, I joined this group called "Real Estate Investing for All Levels" on the app Meetups. They're based out in Sacramento. I have yet to attend one of their meetups since I have a newborn. But the group looks promising and this Saturday, 28th of September, they're having a Fix and Flip Training Workshop where I believe they're actually take you through a house and teach you the ins and outs of rehabbing. 

Anyone have recommendations of an investor friendly title company in Houston, Texas?

@Scott Smith Wow!! Thanks for that Scott.

@Katie Lepore I honestly didnt know there were different ones but from the options you said. I'm looking for advice about LLC formation and contract review.

@Bill Plymouth I didn't even think about that. I will definitely look into it! Thank you!

@Jazmine Bryant I will check those things out. Thank you!