Texas New Home Fire Sale | WE FOUND THEM

I’m considering whether to retain $3 million in single-family rentals, we have $900,000 left on mortgages. What is the possibility of maintaining $70,000 annual income by selling and investing in stocks and bonds?

"Nestled in nature"

My buddy bought in a development in Idaho, the homes are 10 feet apart. The fronts have Hardie Plank siding and rain gutters. The sides and back are T1-11 and NO rain gutters. HVAC systems are off brand and his froze twice in last couple years. He also found NO insulation above 1 of his bedrooms. All built like shish, inspector didbt catch a gah damn thing. Also he found out his foundation was built 13 degrees out of square!

The fact that builders are cutting prices by 100K tells you how stupidly overpriced housing is and also tells you something about the massive greed on the part of the builders.

Legend Homes is a Camillo Companies (aka Camillo Properties now known as SimplyHome by Camillo) builder. Camillo Companies is known for developing poor, substandard single family home communities all over Texas. They are part of the reason so many single family homes get built and are only for rent or rent-to-own. Please look into this company more deeply before you buy. You could be signing a rent-to-buy contract instead of a standard buyer’s contract. Lots of complaints about this company. 🚩🚩🚩

People move to Houston for low cost of living in one largest Metros in the USA. Random communities in Conroe is way to far from city of Houston!!!

I moved from Texas to Santa Clara a few months ago and I’m thinking of purchasing a single family home there, but with real estate prices currently through the roof, is it still a good idea to buy a home or should I invest in stocks for now and just wait for a housing market correction? Looks like NVDA, TSM and AMD and AVGO are strong buys this week.

Amazing video, you work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K into trading from just few months ago and now they are multimillionaires

Literally a tornado alert in Conroe Tx as I'm watching this. Not a basement in sight. Moving on.

Most people have zero clue concerning IRC codes or the 2024 IECC Energy Codes, nor do they comprehend what a building envelope is nor do they comprehend how insulated new homes are. Most people don’t comprehend or understand the new energy efficient furnace and air conditioning systems have become. Before buying a new home research how well the cities building inspection processes are. Be aware of third party inspections because they are 100% not as stringent as cities who have expert inspectors who don’t use combo inspectors. Cities who use combo inspectors suck because those inspectors don’t have the time nor the expertise as cities that have inspectors that focus on their discipline. I am an electrical inspector and the city I work for doesn’t utilize combo inspections. Our error rate is much lower. So be aware of the inspection processes in the area you buy in. Hope this helps you.

NO drainage...typical houston flood zone LOL. Most of those houses won't be built.

Tons of national builder homes for sale. 180k worth of parts and labor for the low price of 400k

Come to Central fla. (Lakeland, Wintet Haven and Lake Wales). We need boots on the ground here .

They're building these huge overpriced homes for families but the trend is increasingly for Americans to not start families and when they do, it's a small family. Immigrants still have large family sizes but they can't afford these houses. So who did they think would buy these houses?

Thanks for going out in the field, Travis, my "bonkers hero." You're starting to get me motivated to start looking at new construction in the greater Atlanta metro area. There's a lot going on.

🎉🎉🎉. I really appreciate your “Boots on the ground” videos. It’s just amazing how many homes that they are building while the market is drying up. Thank you Travis, Carlos

It looks like a massive size of land cleared for several subdivisions yet no trees in between.

Bonkers. The poor trees and😅 animals. Crappy, overbuilt homes. Be safe with Beryl... 😢 Edit: I don't ever want to be in an HOA neighborhood ever again. Plus, the property taxes and home owners' insurance make these properties out of reach for single buyers in a large number of careers.

In the Midwest I see new subdivisions built in the middle of cornfields, no trees . Car dependent suburbs in the middle of nowhere.

As always, this is such valuable information and well done. Thanks man.