All Forum Posts by: MONICA WATSON

@Huy N. 

Thanks !

@Greg H. 

I am emailing him now. Thanks again for your valuable input!

 @Sam Craven   Thanks for your reply! I understand there is not much appreciation in that neighborhood, so I will patiently let someone pay off the house for me. I will shoot for 900$ and see!  I plan to add the home to the section 8 list. @Greg H. thanks for that info, I will need to find someone asap even though my agent told me he wouldn't get one?

My realtor thinks it can rent for 850$. Yes, those are real hardwood floors. The house only needs paint. My contract was just aaccepted yesterday so no inspection yet. Any reccs my fellow Houston investors?

Hello everyone! I'm new to investing and have been trying to find a buy and hold property for a long time (off and on). I found a house on homepath and put an offer for 54,900 and the ignored (listed 67k), we went up by 5 k to 59,500 and they accepted!. I'm excited and hoping to close deal. 

The house is in Southeast Houston which is a lower social economic area, but I'm find with that. I grew up in that neighborhood and made it out just fine! Now on to the question the house seem ready to move in..maybe just paint. Do you think I got a reasonable deal? 

Side note..I'm looking at long term profit. I'm patient

MLS : 43020944

Update- No response after 1 week,  we went up by 5k to 59,500 and one day later they accepted. Original asking 67k!!

Thanks for your responses. I am patiently waiting on a response. My agent called the listing agent twice but no response. They might ignore since the offer is 12,100 below asking.

Hi, I'm looking to make make my first investment purchase. My strategy for now is to buy and hold, I put a bid on a homepath home that was listed at 67,000 for 54, 900. The property has been on market for about 40 days and had one price drop. My agent has not gotten a response yet and it's been almost a week. I was wondering if it is because the offer was too low. Anybody care to share their experience?

I went to a showing and the smell almost knocked me out when my agent opened the door. I remember hearing about this story, needless to say I didn't step foot in that house! 

Hi, I'm also from Houston/Pearland looking for deals in Southeast Houston under 65K.  I know that it is not the best area but cash flow is good for rental.