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All Forum Posts by: Andrew Cairns

Andrew Cairns has started 1 posts and replied 6 times.

Post: I just purchased 7 lots...what next?!?

Andrew CairnsPosted
  • Rental Property Investor
  • Austin, TX
  • Posts 6
  • Votes 4

@Taylor L.

Thanks Taylor

I’ll check it out and see if that’s a viable option, but I’ll definitely shoot him an email.

Cheers

Andy

Post: I just purchased 7 lots...what next?!?

Andrew CairnsPosted
  • Rental Property Investor
  • Austin, TX
  • Posts 6
  • Votes 4

@John Chapman

Hi John

Appreciate the advice, I will of course have to run the numbers when I see what the builders can do, but figured I would ask.

The homes will be on City water and Sewage.

Cheers

Andy

Post: I just purchased 7 lots...what next?!?

Andrew CairnsPosted
  • Rental Property Investor
  • Austin, TX
  • Posts 6
  • Votes 4

@Luke Sanderson

If you can put us in touch that would be great, always looking to learn from smart people :-)

Post: I just purchased 7 lots...what next?!?

Andrew CairnsPosted
  • Rental Property Investor
  • Austin, TX
  • Posts 6
  • Votes 4

@Luke Sanderson

Hi Luke,

This is great information, thank you! Can you point me in the direction of the podcast, I like the idea of making some income while we build.

Cheers

Andy

Post: I just purchased 7 lots...what next?!?

Andrew CairnsPosted
  • Rental Property Investor
  • Austin, TX
  • Posts 6
  • Votes 4

@Clint G. Hi Clint

They are on Flour Bluff, Valerie Street. I see your bases out of Corpus, can we connect and chat?

Cheers

Andy

Post: I just purchased 7 lots...what next?!?

Andrew CairnsPosted
  • Rental Property Investor
  • Austin, TX
  • Posts 6
  • Votes 4

Hi all,

I have been investing in Single Family homes for just over a year now and it’s been going well. I just closed on 7 lots of land in Corpus Christi, Texas.

I am thinking of building 7 single family homes and renting them...does anyone have any experience with that process?

I have been looking into https://houseplans.bhg.com/ to buy plans and have a contractor build them?

Is it generally cheaper to build 1 story or 2 story?

What is the average cost per sqft for a 1000-1200 sqft basic rental?

I am also very open to reading books, watching educational videos, any advice, hints and tips or direction is much appreciated.

Cheers

Andy