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landlord question
proapp
Member Posts: 3,264
would you build a few 3 or 4plexs in this economy? thinkin about it some along with some other stuff. doing it with cash, of course, and just curious....
Comments
Cockroaches out the kazoo too [xx(]
This is the worst I have seen,
I pulled a Select and hired someone to clean it up.
Just tired of cleaning up after pigs I guess.
The pics & aftermath are epic white trash hoe Americana.
The joy
My buddy the Grand Lord Of Rentals, is buying stuff up so cheap it not worth building. He just bought a 4 yr old 4 plex for 1/2 of what it would cost to build. Great deals out their right now. Buy do not build.
+100
quote:Originally posted by UNIVERSITY50
My buddy the Grand Lord Of Rentals, is buying stuff up so cheap it not worth building. He just bought a 4 yr old 4 plex for 1/2 of what it would cost to build. Great deals out their right now. Buy do not build.
+100
generally, prop values do not go thru the large swings here in Texas, as compared to the rest of the country. here in east Texas, ive got 5 re agents looking for a building to lease for something else. im seeing the same empty buildings at the same rate as i saw a year ago. there may be a few "deals" out there, but not many around here.