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All Forum Posts by: Sam B.

Sam B. has started 10 posts and replied 461 times.

Post: Quest for early retirement

Sam B.Posted
  • Rental Property Investor
  • Houston, TX
  • Posts 476
  • Votes 294

I hope your properties and your primary are safe during the storm @Bruce C.

So far, so good for mine but it's been close.  We'll see what happens.

Post: Quest for early retirement

Sam B.Posted
  • Rental Property Investor
  • Houston, TX
  • Posts 476
  • Votes 294

@Bruce C.  Nice work on the appraisal.

The house needs some help with the curb appeal - kind of looks like some sort of half converted commercial box right now.

If you can cut in a large new window downstairs, install shutters on all the windows, paint the garage doors, paint the front door to break it out/pop and perhaps even a new exterior paint job?  Too much white right now, imo.

Post: Quest for early retirement

Sam B.Posted
  • Rental Property Investor
  • Houston, TX
  • Posts 476
  • Votes 294

@Bruce C.  Good numbers on the new property under contract - even if it comes in at 225, you're still all-in around 180, which is awesome.  Is not getting every cent back out a deal breaker?

Post some photos when you can.

Post: Cheyenne, WY 7 Unit Apartment Complex

Sam B.Posted
  • Rental Property Investor
  • Houston, TX
  • Posts 476
  • Votes 294

Keep it up @Jeff F. good work.

Post: $200k in six months - long distance RE challenge

Sam B.Posted
  • Rental Property Investor
  • Houston, TX
  • Posts 476
  • Votes 294

@Bruce C.  Sounds good, I bumped your thread.  Not itching to buy yet, still enjoying relatively calm and consistent cashflow.

Post: Quest for early retirement

Sam B.Posted
  • Rental Property Investor
  • Houston, TX
  • Posts 476
  • Votes 294

Sounds great @Bruce C.

There will be bumps in the road, good to experience them early and move forward.  

Sounds like the summer cashflow is really starting to come in, congrats!

Post: $200k in six months - long distance RE challenge

Sam B.Posted
  • Rental Property Investor
  • Houston, TX
  • Posts 476
  • Votes 294

@Edwin L.  Greater Beaumont, TX area.

@Bruce C.  How's it going Bruce?  Sorry to hear the offer didn't work out.  Onto the next. Airbnb still going well? 

No maintenance or tenant nightmares.  Property #2 is breaking their lease early, job is sending him back to California.  Not a huge issue and it will be a quick turnaround. 

Property #4 has extended their lease, which is good.

I decided against refinancing property #6, which is great for cashflow but makes my reserves tight.  So just trying to build those back up and not spend too much money.

Post: First BRRRR is Now Purchased

Sam B.Posted
  • Rental Property Investor
  • Houston, TX
  • Posts 476
  • Votes 294

@Cody DeLong  Photos man!

Good work on the deal.  $35k for a 2 unit sounds insane.  How is the area?

Post: FIRST BRRRR PROPERTY! COME JOIN THE RIDE!

Sam B.Posted
  • Rental Property Investor
  • Houston, TX
  • Posts 476
  • Votes 294

Great stuff @Kevin Moules loving the tight rehab budget and look forward to following along. Go get 'em!

Post: $200k in six months - long distance RE challenge

Sam B.Posted
  • Rental Property Investor
  • Houston, TX
  • Posts 476
  • Votes 294

Thanks @Derek Diamond

Thanks @Chris Koch much appreciated.

Thanks @Mohit Rehan