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UTPhil2006

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Posts posted by UTPhil2006

  1. 1 hour ago, HOOKEM4 said:

    My neighbor owns the house next door and lives across the street, he has started renting his second home out as a STR after having issues finding a long term renter. I can tell you the downside of it first hand. It fucking sucks. Living near the lake, we have a new crew of people partying every weekend. So far out of the 10 or so weekends since he started this, we have had one weekend with quiet renters. Just this last weekend we had a group of chad bros partying till 4 am outside keeping everyone up. Despite me asking them several times to please keep it to a dull roar so my kids could sleep. I ain't no snitch and don't want my dog shot so I didn't call the cops, but I was very close. It is out of control. Fuck STR. Thankfully it looks like the neighbor is going to sell his house across the street and move back next door later this year when his last kid is out of the house.

    Edit: The wife and I even talked about renting it out long term just to get peace and quiet back.

    Neighbors selling eh?

  2. On 5/26/2018 at 6:53 PM, HornOnTheBayou said:

    The great thing about UTPhil is his attention to detail. He always takes care of the little things. For example, when he is butt fucking you, he makes sure to give you a reacharound and tickle your balls. I really appreciated it. It's those details that separate him from the other butt fuckers.*

    *Seriously though, UTPhil knows his stuff. I talked to him about a refinance a couple of years ago and he was very helpful and professional. 

    giphy.gif

  3. On 6/1/2018 at 10:11 AM, Go Pokes said:

    Anyone else watching Ex on the Beach?  It's keeping with MTV's recent trend of having people from all kinds of different reality shows and throwing them together to screw and fight.  We should just have one meta thread for all the MTV garbage shows.  It's seems like it's the same idiots (raises hand) who watch them all and comment about them here.  

    I've been watching since Paulie is on.  It has been.... interesting.  

  4. 15 hours ago, Stunns38 said:

     


    It’s defined as coverage provided for deterioration, wet rot or dry caused by continuous or repeated seepage or leakage of water or steam from a heating, air conditioning or automatic fire protective sprinkler system, household appliance or plumbing system.

    Thanks

     

    Sounds like it wouldn't be the worst idea to have.

  5. On 5/27/2018 at 9:00 PM, UT_OB1 said:

    I wanted to thank Phil for working with me. We ended up getting a family business partner, but Phil would have been the good option if that hadn’t fallen in to our laps. 

    We are looking at a property to rent out in Galveston.  the current owners just signed some shit heads to the upper duplex. In one month they’ve taken a very nice recently cleaned up place and made it in to a mess. Dogs, cats, reptiles and their shit all over the tile floor. It is 2 bedrooms, and they have 2 kids plus someone seemed to be staying with them when we inspected?  And they managed to put a hole in one of the doors...

    The siding is in need of repair.  1/3 has been replacef with hardi plank.  At least 1/3 needs some serious patching of the current wood so that water and bugs can’t get in.  I’d like to replace it, but I don’t think I can afford that now. Has no attic ventilation, roof was recently put on, but they didn’t put a rolled roof, so we’ll need to add the ventilation so that the roof makes it hopefully 5 years.  

     

    first question - as long as they are paying the rent, do you care about the shitty tenants?  Would this scare you away?  The money is what I consider very good as long as both are paying  ($600 a month in cash after paying bills).  My realtor, who I do trust and who manages quite a few properties, said stuff like that doesn’t bother him as long as they pay.  This is our first rental though  

    second question, and this is a morals thing - for any of you doing this, have you or would you ever call cps?  Again, 2 small kids and literal shit all over the floor. Dad and whoever was staying with them passed out in the 2 bedrooms after 1 while we were doing inspection. Trash and food everywhere. Just didn’t seem healthy.  I’ve lived in some bad conditions, but it wasn’t for lack of trying. This just seemed... I don’t know. Hard to describe, and I felt terrible for the 2 little ones. 

    No worries bud.  Let me know if we can help any of your family or friends.

    As far as the tenants, how much is it going to cost you to bring it back up to a clean space again?  How much of that profit would that be eating?

  6. 14 hours ago, RowdyVic said:

    Nice. Thank you

    No prob.  If you think of any questions or need to get in touch with me outside of the website I'm always available via pdubord@prodigymbo.com or for Realty purposes phil@reihomerealty.com

  7. 13 hours ago, RowdyVic said:

    Looking to do an equity cash out refi in a couple of years. Wanting to take the money and add on to the house. Trying to get my debt down right now though. What are some of the things I should expect about the process..Phil?

    Pretty straightforward process similar to a normal purchase or refinance. You can borrow up to 80% of the value of the house. 

  8. On 5/28/2018 at 5:58 AM, Chet Steadman said:

    I’m afraid to ask but how long is CoA permitting taking for plans on a new residential buil?.  We hope to formally be submitting plans in a week or so and I’ve heard time ranges anywhere from a few weeks to a few months.  

    Is it worth spending a few grand on an expedition or have their roles largely diminished now because of the backups?  

    We didn’t have too much of a problem on our flip recently. 

    • Like 1
  9. On 5/4/2018 at 11:08 PM, El Diablo said:

    I haven't done business with Phil but my last home purchase, the guys motto was "I Will Not Buttfuck You".

    And it was true, he didn't buttfuck me. That's a good feeling 'cause a lot of people walk in there basically with their pants around their ankles. And they're thinking "I'm gonna get buttfucked here". 

    So OP, find a guy that won't buttfuck you. That's the sum of my real estate knowledge.

    Or find a chick who likes to party.

    https://www.realtor.com/realestateagents/Ashley-Doyle_Austin_TX_909099_218579412

    Has anyone actually used her?  She was on the other side of one of my transactions 

  10. On 5/11/2018 at 7:57 AM, Modessit said:

    I have my DD214 so that's not an issue. I remember reading about the inspection issue. Not sure about credit scores for me and the wife (she was behind on student loans for a while) so I'll check that out. Wasn't planning on a fixer upper, but probably something in the $100k range outside Austin proper - preferably in or near Round Rock - although if the no MI requirement allows a low enough monthly payment then that price point might go up.

     

    The hot market concerned me about VA loans and owners accepting them. I remember a while back watching one of the house hunting shows where a Navy guy in CA with a VA loan went thru 35 properties before finally closing on one.

     

     

    Did you get my PM?

  11. On 5/18/2018 at 2:01 PM, Texaus said:

    Commercial lease question. Texas. Retail space. Tenant installed track lighting. Do the track fixtures have to stay upon termination, or just the track? Track is affixed with screws and hardwired in. Fixtures are just snapped in to track and can be easily moved/removed. Thanks

    Commercial guys can step in, but my reading of that is they should stay 

  12. On 5/11/2018 at 9:07 PM, Modessit said:
    On 5/11/2018 at 8:35 AM, UTPhil2006 said:
    I sent you a PM, but I can send you properties that match that criteria so you kind of know what you're looking at.  Just let me know.

    Until I know if my credit scores are in the proper range, it makes no sense starting anything. Have to know I can get a loan first before I can think about buying. If my scores are too bad then I work on it for a year and then check into it again.

    We can assist with that 

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