All Forum Posts by: Joe Zhang
Joe Zhang has started 4 posts and replied 49 times.
Post: Austin is Hot
Joe ZhangPosted
- Real Estate Investor
- Austin, TX
- Posts 50
- Votes 6
Originally posted by @Jon Klaus:
82 degrees at the moment. Not so bad when there is snow on the ground in 49 states. (FL wins that one).
But here's the more impressive number:
Austin area gains 110 new residents every day
Good to know. I am actually hoping that Austin can slow down a little bit in the second half of the year...
Post: Diary of a Rental Property
Joe ZhangPosted
- Real Estate Investor
- Austin, TX
- Posts 50
- Votes 6
Looks like a great deal!
Post: Starting out in Austin - Buy and Hold
Joe ZhangPosted
- Real Estate Investor
- Austin, TX
- Posts 50
- Votes 6
If you want good area in Austin, it's really hard to find 1% rule properties now. I think it should be fine to break the rule a little bit, since the repair cost could be minimum if the property is in good area.
Post: Buying at foreclosure is EASY!!!!
Joe ZhangPosted
- Real Estate Investor
- Austin, TX
- Posts 50
- Votes 6
learned a lot. Thanks, Rich
Post: Help me understand
Joe ZhangPosted
- Real Estate Investor
- Austin, TX
- Posts 50
- Votes 6
I am about to ask a same question
Post: How do you present your wholesale deals?
Joe ZhangPosted
- Real Estate Investor
- Austin, TX
- Posts 50
- Votes 6
The wholesaler I am working with has purchase price, repair cost, ARV, market comparison data, itemized repair spreadsheet....
Post: GOALS FOR THE NEW YEAR?
Joe ZhangPosted
- Real Estate Investor
- Austin, TX
- Posts 50
- Votes 6
My goal for 2014 is to increase my RE portfolio to 1.8 million and do my first flipping in the first a few months of the year.
Post: Diary of a New Construction Project
Joe ZhangPosted
- Real Estate Investor
- Austin, TX
- Posts 50
- Votes 6
Originally posted by Jon Klaus:
$60 PSF is vey impressive. The project I just finished was double that. We went high end in a few areas, but even if we were going for low price on everything, we probably would have been at $75 PSF, at best. Great work on cost control.
Hey, Jon
Thanks for your numbers.
Post: Diary of a New Construction Project
Joe ZhangPosted
- Real Estate Investor
- Austin, TX
- Posts 50
- Votes 6
hey, J Scott,
I am not assuming that the numbers in my area ( Austin, TX) can be as low as yours.your list helps me understand the cost of "big items". Thanks! Hope to hear your good news soon.
Post: Diary of a New Construction Project
Joe ZhangPosted
- Real Estate Investor
- Austin, TX
- Posts 50
- Votes 6
hi, J Scott,
Thank you for posting the real building cost. It's a great guidance for my future projects. Thanks!
Joe