All Forum Posts by: Mike Castellow

@Shafi Noss Improving the land would be the simplest since there's already a driveway, electricity, and an old water well that needs to be jetted again. Would you suggest subdividing the property, building a single house, or building multiple cottages/ tiny homes?

I sent a message to your inbox. 

I now live out of state, but I still have a 4 acre property near the crossroads (on 111 & near 77) in Lavaca County, TX that I need to do something with. I have debated about moving a house onto the property and either selling or renting the property or subdividing the property with multiple homes or even several tiny homes. I would love a ideas on what you think might be best to do in the current market and may even be interested in partnering with someone if the numbers work for both parties. After a bow is put on this property, I have another 35+ acre property in Jackson County, TX along FM 822 (Old Navidad Road) that I may have the opportunity to do something with. I will definitely need help with this one, because it is currently landlocked and will need either a road and crossing over the river, or it will need deeded property access through a 3rd party. There are good relations with the neighbor so this likely wouldn't be terribly difficult to pull off, but I haven't ever developed a property from scratch so I would definitely like the opportunity to partner with someone on this to help ensure the success but first I want to finish the smaller property to have sufficient funding available if it is needed. Any ideas for the 4acres on Highway 111 in Lavaca county would be greatly appreciated.

I am moving to the region and will be working and investing there so I'd also love to hear from any wholesalers and find out more about housing trends in the region. 

@Victoria Valentino I recently moved to the area and am interested in this as well.

@Haseeb M. I’d also love to hear opinions from those with more experience. I’m currently starting to perform some due diligence on a small hotel with a bar and restaurant in a tourist town in Northwest Arkansas and would love to hear some thoughts from some asset based (hard money or private) lenders with hospitality experience.

I am currently spending time in NWA looking at potential fix and flip investment properties. I would appreciate any insight on any areas I should avoid or any potential up and coming areas. I’d also love to see any wholesale properties that anyone might have available. I prefer historic homes and higher end neighborhoods.

@Ryan Blackstone @Dustin Davis Thank you both. I’m hoping to make the meetup this month, but I won’t know for sure until this weekend. We are looking to move up there very soon.

Is this still an active meeting? 

@Anna Villalobos Congratulations! What a great accomplishment. The first property my wife and I decided to purchase and rehab was a 1904 SFH in a historic district. As I'm sure you are well aware, the learning curve can be extremely steep so I definitely appreciate what you were able to accomplish.