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Posts posted by UTPhil2006
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On 7/14/2018 at 2:05 PM, MNLonghornFUKM said:
Ok so my first open house is tomorrow. I'm gonna put together a flyer with info about it and a few pics.
I have no idea how many agents or people will show up. Any pro tips if I'm suddenly swarmed by like 3 or 4 offers? I know Phil said make a deadline in a PM...but dont commit to anything obviously.
Anything else?Update?
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Has anyone in the neighborhood spoke to him?
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21 hours ago, 3adays said:
Anyone seeing any softening in the Austin market?
Depends on what part of the city but on the whole not really.
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14 hours ago, UT_OB1 said:
No Houston rec?
Shoot me a PM
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On 6/14/2018 at 9:11 AM, UTPhil2006 said:
Heights house for sale... House next door (exact same build out) appraised for 715,000 so built in 16k equity
https://www.zillow.com/homedetails/631-W-18th-St-Houston-TX-77008/2098749382_zpid/
Go see my sister at her Open House today at 3, maybe one of you can be my brother in law.
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Let me know when the neighbors get desperate and sell at 50% of value.
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Price?
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Link his Facebook. Lets let Surly do some investigating
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1 hour ago, RDCanecutter said:
An alternative is to try to get him to stay. OP grabs all the cash he can and buys up houses from neighbors who want to move away. When OP has all the extra houses he can handle, then get the Aggy neighbor to confront the crazy guy. Once crazy guy is off to prison, then OP buys crazy guy's house and maybe Aggy's too.
One layer of fresh paint, then sell the lot to California tech weenies. Name one of your kids after me and retire on the profits.
I like this idea
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Who yall got Sunday? I'm leaning Croatia +165
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2 hours ago, HornOnTheBayou said:
The Mrs and I are moving into a new house in Austin in August. Anyone got a rec for a moving company?
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I’m still not even sure what’s going on
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On 7/7/2018 at 9:42 PM, MNLonghornFUKM said:
just listed my home FSBO style. Im f5'ing the hell out of my zillow to look at views & saves. lulz.
who wants to move to Minnesota?!
What else did you list it on?
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On 7/5/2018 at 1:37 PM, UTPhil2006 said:
Lake Conroe house - (added bonus you get to live close to my mother)
https://www.har.com/15720-lakeway-dr/sale_72620256 - 330,000 = has elevator
Go see my mother at her open house today. Maybe one of you guys can be my new stepdad
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11 minutes ago, UTPhil2006 said:
As far as the mortgage side of things, they would not consider the potential rental income for your DTI (debt to income ratio). As far as the down payment, since it would be an investment property and not a second home you would be looking at 20% down.
Now, there are such things as gift equity and such if you are buying from a relative.. I can get into that further with you if you'd like (PM sent)
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2 minutes ago, Nice Guy Eddie said:
Whats the story on buying a vacation home, from a relative, to primarily rent to others? Would a mortgage company consider the potential rental income in determining my mortgage eligibility?
As far as the mortgage side of things, they would not consider the potential rental income for your DTI (debt to income ratio). As far as the down payment, since it would be an investment property and not a second home you would be looking at 20% down.
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9 hours ago, 52-80 said:
Just a bit of a rant here about the utter nonchalance and lack of urgency in the retail and professional services business in europe.
I want to buy a house from my colleague-friend. He owns it outright with no liens. Seller-to-buyer, no agents employed.
I have financing all set and ready. We have move-in date all agreed and free.
Standard procedure is to get a notary to register the sale/deed with the county; register with tax authority (to collect property tax); and create escrow account to broker the sale (not really since needed in this case since its not a deal between strangers). The notary collects a 1.5% fee for this.
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Another colleague literally just bought a place this month. His notary/lawyer executed the contract overnight because it's literally a copy-and-paste job of standard forms with a new buyer/seller names on it.
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My bank referred me to a certain notary firm because "they do lots of deals in English so all of our international/UN clients are very satisfied with them".
I contacted them and we had a few back and forth emails and then they just went on radio silence. My office is 5 minutes from theirs and they never bothered to ask for a sit-down.
The aforementioned colleague said to use his notary instead, and I emailed them "we're ready to buy, we have the date, we have the funds, we have full agreement, just need to execute the sale"... 2 business days and 0 reply.
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It's maybe 10 minutes of paperwork and sending 1 assistant to the courthouse in order to collect a 5-figure fee.... and these guys just dont seem to give a fuck. I don't know if its just laziness or xenophobia or what but between us at the office, we have countless stories of examples just like this. Like a few months back, I saw a car I wanted listed on 5 dealer websites as being in-stock... i emailed a short "i'd like to buy this specific car, in cash, can you give me the cash price". 1 dealer responded. It's pretty much free money and seems like nobody in this country wants to take it.
Laziness (in this or any industry) no longer surprises me. You'd be surprised how lazy (and rude) some people can be.
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5 days in.. anyone try it?
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Lake Conroe house - (added bonus you get to live close to my mother)
https://www.har.com/15720-lakeway-dr/sale_72620256 - 330,000 = has elevator
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1 hour ago, Hefeweizen said:
I already have one I can't afford. Thanks!
Ha! Time to Buy a lake and/or Beach House now. Seems to be the it thing to do this summer
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Happy 4th from us here at Prodigy Mortgage and REI Home Realty.
Do the American thing and buy 5 homes you can barely afford!
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On 6/27/2018 at 11:15 AM, UTPhil2006 said:
Couple days up, couple days back below where it started to 2.84. Gladly will take the 1 step forward 2 steps back approach
Still holding tight at 2.84 going into the holiday. Definitely a welcome reprieve from the above 3.00 we sat at early summer.
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3 hours ago, 52-80 said:
There's a lot of strippers in Montierra and Montecito
Go on..
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4 hours ago, UTPhil2006 said:
Montrose/EaDo/Midtown/Heights.
I'll PM you as we can assist you in the search at no cost to you.
Just to expand on this we can assist in apartment searches here in Houston and Austin at no cost to you (apartment complex pays (most of the time) us) so if anyone is looking you can always PM or email me phil@reihomerealty.com
Who Has Built an Empire of Small Rental Houses?
in Can You Help Me With This?
Posted · Edited by UTPhil2006
Tell the 2 girls to talk to their roommate like grown ass people. If they are able to text you, you have the type of relationship with them to tell them that they need to handle it in house.