All Forum Posts by: Travis Tindell

2nd reply fixes monthly mortgage payments to an appropriate loan amount. We aren't living in the place ourselves! :)

Btw it looks like I am applying none of the information here myself, so to show I'm picking SOMETHING up... Listing price $189,900 30 year at 5% with 5% down gives monthly payments of approximately $500 Currently it is renting for $3120 for all 8 units together Renters pay electric Owner pays water and sewer cost: unknown Taxes: unknown Other costs: unknown I feel like such a great fixer could get rents increased to further increase cash flow and this place would have a hard time not being profitable (although clearly I've not done due diligence to make sure). Analyze away fellow members!

Btw it looks like I am applying none of the information here myself, so to show I'm picking SOMETHING up... Listing price $189,900 30 year at 5% with 3.5% down gives monthly payments of approximately $510 Currently it is renting for $3120 for all 8 units together Renters pay electric Owner pays water and sewer cost: unknown Taxes: unknown Other costs: unknown I feel like such a great fixer could get rents increased to further increase cash flow and this place would have a hard time not being profitable (although clearly I've not done due diligence to make sure). Analyze away fellow members!

Hey bigger pockets community! My name is Travis and I am brand new to this site. Just ran across it and have been well-rewarded with tons of useful information. I am currently in college pursuing a career as a mechanical engineer, thinking of going into oil (but not set on that part just yet!) I plan on investing in real estate once I have a full time job because I feel the security of being able to pay for whatever costs that arise out of pocket at any time will give me peace of mind. Anyway, that doesn't stop be from looking for deals as practice for the future! ;) Anyway, was looking at going to college at Texas A&M so naturally I looked into real estate in the area. I ran across this big ol' multi and would love to see more experience persons analysis to expand my own personal critique process. It is listed on realtor.com and the address is 2813 Cypress Bend Cir., Bryan TX Once again, hello everybody! Can't wait to hear your opinions and make sure you keep an eye out for me as there will be more from me in the future!