All Forum Posts by: Roger Evans

@Aaron Gordy Hi, sorry for the delay. It is residential

Looking for someone who does Renderings for new construction in the Austin area. Any help would be greatly appreciated.

@Danny Webber Thank you sir, I’ll look into him

Looking for a good smaller REI Knowledge CPA in the Round Rock TX are. Any suggestions would be greatly appreciated. Thank you

@Ned Carey Thank you Ned. All projections are in line. I’ve looked at all the numbers and they all make sense. I just wasn’t sure if the percentage for an investor was about the same as a hard money lender. Thank you for your response.

Ok, I am about to make my first investment. I’m a contractor who is teaming up with an investor. I’m am going to be included on the investment side and also do the rehab on the flip. I don’t know that much about the investing numbers so would like to know a little more about the numbers. I hope I provide enough information to get educated responses. The purchase price is 255k the deposit required is 40k, the investor is proposing for me to provide 20k and will give me a 12% return on top of my 20k deposit. Is this a normal percentage after all costs.

I believe that if you do your research and know about what repairs are needed and what the ARV would be then it doesn’t matter what he thinks. There isn’t a too low offer. After all, it’s what the property is worth to you...you’re in this to make you money not them. Great job and good luck!

Hi Y’all, My name is Roger, I’m a VERY new “Newbie” to the BP community living in Round Rock, TX. I own 3.5 acres and an almost completed 1 bedroom 1 bathroom cabin in Sherman, TX. I am thinking about completing it to rent it out. Would it be ideal to finish the cabin (I’m thinking it’s going to cost about 20k to finish it) and put renters in it to start bringing in cash flow and then mortgage the property to take that cash and invest in other properties? The land is completely paid for. Any ideas or suggestions would be greatly appreciated. Also, I am looking for good reputable Real Estate agents in the Sherman/Denison area. Thank you guys!