Update on our 1st Duplex Build 🤠
Hey guys! We’ve been super busy with our personal move and getting our other property rent ready but we’re still inching forward! @Richard Salinas 1. We got with a document prep company that our favorite title company uses and they sent us the final deeds for both of our lots; we will be signing and getting them both recorded this week so they will be under our LLC for easier funding. There was a delay with this because of the new FinCen reporting laws that changed but we got it taken care of. 2. We got the water/sewer letter signed and approved and as soon as we get the name updated we will pay the impact fee and finally submit for the permits. We are building in the city of Houston so the impact fee was a surprise to us so be sure to checkout your build areas and add that to the budget! (Just an unexpected $4,300 no biggie 😅). It seems that this is normal inside Houston city limits so now we know! Also, just an fyi if your duplex is over 3,000sqft inside Houston the impact fee would’ve been more but because ours is under they’re counting it as single family even though it’s a duplex. 3. Next week: we submit for the permits 💪🏼 my plan is to get on their new fast track permit approval program which supposedly gets approved in 30 days or less. We will see!