All Forum Posts by: Ryan Terwilliger

It sounds like most of these opinions are correct, most. The market is up, up, up right now in Houston and there is just too much info for a seller to accept a low ball. Zillow is wrong! Always! Do not ever rely on their numbers. Even rentals are getting tough in this market because no one wants to wait for a  year or two to see a return on their rental. There are some good deals but to think that you will cover your mortgage and still make $500 per month is not normal until you can refi and get that payment down. Again this is the Houston market.

It is hard to advise without know more of the specifics. Where, age and so forth. Contact me and I can run some numbers but with out seeing it, hard to say. Sounds promising though. 

Just trying to find out if there is any interest in a networking lunch in Houston, Cypress or Katy area. North to west side of Houston mainly. Realtor here looking for a trusted circle of lender, investor and the other.

Wholesellers are overpriced because people will pay, that is the market value. There is just not enough inventory right now and it looks like nothing is going to change for a while at least. The interest rate is up and people are flocking the their lenders in addition oil is coming back so people are starting to move back to town. Love to help if anyone needs comps.

Stick with the same lender and after 3 or 4 deals they will see that you can repeat success and then you can usually get through the application very quickly, sometimes just make a call. 

Interested here as well here in Cypress.

Low inventory. Interest rates are sending people to the lenders quick. Taxes and insurance don't help.

Realtor in the Cypress area here. The market here in the Houston area is benefiting the seller right now. With the interest rate going up everyone is running to their lender. Of course taxes and insurance are a killer for positive cash flow month to month. If you are interested we can meet for lunch.  

I am a Realtor and from everything that I see the market is about to boom. Think back to last year in Sept. it was the busiest month in history for Houston. Oct is the beginning of the leveling off period for the holidays and now officially at valentines it will pick back up where it left off in Sept. Again it will level off as the summer starts and boom end of summer. With oil on a rebound and Trump doing what he does it should be a record year. And no we do not follow the national five year national market trends however a hurricane could change everything.

Realtor here, just wanted to say that you guys are good. Most of this is exactly right, taxes can be a killer. In addition to all of that is the competition is rough, any mls deal under 120k that has minimal rehab is scooped up quick. The percentages to seem to better in a nicer neighborhood and higher price, 150K ish. I see those everyday if you don't mind doing a few updates.