All Forum Posts by: Joey Sullivan

From a safety standpoint the deck needs to be repaired, but doesn't look like it's going to help much in bumping the rent. I guess it either comes down to repairing and hoping that the rest of the deck doesn't fail/degrade or doing the whole thing.

The cheapest route might be to tear it down and haul it off. We had a great swimming pool at one of rentals in Round Rock. It needed some up front work to get it back to usable condition. But the monthly cost to maintain it couldn't be justified with the market rents (i.e. we'd get less cashflow), so we filled it in.

My backyard has a big drop off from cement back patio to ground, which is why the deck was added. Might be hard to justify renting with all the cash I'm going to need to put in along with unexpected monthly maintenance from tenants. Long-term Austin housing market gains would be the payoff at the end.

It sounds like you'll need to keep it then. I don't have much experience with decks.

Why don't you come to the Investor Underground tonight and we can ask what other investors would do. Danny Webber (the host) may have some good advice. Here's the link - https://www.meetup.com/Investor-Underground/

0 Votes

Originally posted by @Kevin K.:

Originally posted by @Joey Sullivan:

Remember to use your MLS comps as the touchstone. Don't do any more or less than what the comps are telling you.

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Mark Colaci, REALTOR®
All City Real Estate

2 Votes

Austin, Texas

Remember to use your MLS comps as the touchstone. Don't do any more or less than what the comps are telling you.

0 Votes

Here are some meetup groups to check out:

https://www.meetup.com/HomesForTheWin/

https://www.meetup.com/Investor-Underground/ - these guys are having their monthly event tonight!

https://www.meetup.com/lifestylesunlimited/

https://www.meetup.com/texas-real-estate-Investment-Education-Training-Networking/

https://www.meetup.com/REIAAustin/

https://www.meetup.com/REALESTATEinvestormasterminds/

4 Votes

@Austin Pitts and the New Western team are very active finding deals.

And always try to call the We Buy Houses signs around town.

1 Vote

@Austin Pitts - thanks for the shout out

@Stephen Stokes - it's our pleasure to serve investors like yourself

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Austin, Texas

All Forum Posts by: Joey Sullivan

Joey Sullivan has started 2 posts and replied 43 times.

Post: What document(s) needed to transfer property in Texas (Austin).

Post: Very motivated & serious about investing newbie from Austin, TX

Post: New (ish) investor question

Post: First rental property help!!

Post: First rental property help!!

Post: Any investor friendly realtors in Austin TX?

Post: First rental property help!!

Post: Networking in the Central Texas Area

Post: Looking for Wholesalers in Central Texas

Post: Seeking recommendations on hard money lenders in Austin