TX DEALS - Plz Respond Only IF You Know You Have Wholesaled In Texas

OK...I just completed the RD/PD Fast Track training here in Houston. Having been in RE here for the last 5 years I know the demand and opportunity exist. By the end of the week I will be set up and have a property or two to work through the bugs. Is there anyone out there that has successfully completed a "Simultaneous Closing" here in Houston?

(Disclaimer: I do not CARE if you don't like RD/PD your opinion if not what I am requesting ~ Knowledge & Expertise is what I need at this time :wink: )

J Scott

Real Estate Investor · Atlanta, Georgia

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Apr 24 '11, 02:24 AM

What you need to know is... Oh wait, I haven't wholesaled in Texas, so I'm not invited to respond to this thread...

I'll let someone else break it to you... :D

J Scott, Lish Properties, LLC
Telephone: 770-906-6358
Website: http://www.123flip.com
http://www.123flip.com

Kenneth Smith

Real Estate Investor · Dania Beach, Florida

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Apr 24 '11, 02:32 AM

Constructive feedback (per your profile) - Take a minute to introduce yourself. No need to be so arrogant. Maybe everybody here will give you a second chance. Maybe. :shake:

Colden Brown

Homeowner · Manvel, Texas

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Apr 24 '11, 02:53 AM

To Everyone -
I am new to this site and seek additional assistance in handling some of the innuendos of Wholesaling.

@Kenneth - Wasn't attempting to be arrogrant just straight forward due to the fact I have read about 3 hours worth of Thread wherein anyone associated with a "Paid" course are told basically that they were stupid or whatever. Being that I have invested in Numerous Speculative Endeavors which are bearing fruit I just want it to be known that I don't care for negativity, just positive results. I do appreciate you taking the time to respond.

@J Scott - If you know about Wholesaling then by all means please advise, I welcome that, its just that Texas RE Law is Soo Much different than the rest of the Country. Would you know of someone I can connect with here?

J Scott

Real Estate Investor · Atlanta, Georgia

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Apr 24 '11, 03:59 AM

Originally posted by Colden Brown

@J Scott - If you know about Wholesaling then by all means please advise, I welcome that, its just that Texas RE Law is Soo Much different than the rest of the Country. Would you know of someone I can connect with here?

So again, even if I have answers, you don't want them?

Okay...then I won't provide them. And unfortunately I don't know of anyone in Texas that would want to help you out...sorry...

I will say this -- if the idea of doing simultaneous closings to wholesale deals is something you learned from a "guru," you likely wasted your money on that guru...

Welcome to the forums, and hopefully you can find someone from Texas to answer your question (though I can promise that there are plenty of people here who are NOT from Texas but can still answer it accurately).

Also, it's worth mentioning that if you plan to get into wholesaling (or any other type of investing where you need to deal with lay-people who aren't experienced investors), your "direct" communication is only going to hurt your ability to negotiate. If there's one thing I've learned well over my professional career (both in real estate and in the corporate world) is how NOT to negotiate, and it sounds as if you've nailed it...to prove that point, this is the second time you've TALKED ME OUT OF helping you... :D

Edited: 04/24/2011 at 04:07AM by J Scott

J Scott, Lish Properties, LLC
Telephone: 770-906-6358
Website: http://www.123flip.com
http://www.123flip.com

Jimmy C.

Real Estate Investor · Clearwater, Florida

762 posts
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Apr 24 '11, 04:02 AM

Edward puckett is down there and he's very helpful and nice. Haven't seen him in here in a week or so.

im in Florida where wholesaling was practically.invented

Colden Brown

Homeowner · Manvel, Texas

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Apr 24 '11, 05:53 AM

@ J Scott - Thanks!

@Jimmy C - Thanks!

Ryan Webber

Wholesaler · Amarillo, Texas

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May 23 '11, 04:31 PM

:lol:

I have to admit, J Scott, you got me rolling.

Colden, outside of lease options, contract for deeds, and other executory contracts that don't really pertain to wholesaling in any way, Texas RE law is actually very similar to the rest of the country.

Now I AM a Texas investor, I HAVE wholesaled over 300 properties in Texas, and my professional opinion is that I really think you should open your questions up to anyone that is willing to take their time to answer them, even if they aren't lucky enough to live in the best state in the United States. :D

There are some pretty salty investors around BP that can point you in the right direction with greater accuracy than ANY guru. I've been to different guru courses (including Rich Dad's) and I've mentored many people that have been to many more, and the information, direction, and assistance you can find right here from BP members (even those outside of Texas) by far surpasses it all.

I do have to admit, I think your profile needs some assistance, too. It definitely makes you sound like a pompous arrogant newbie that just got out of a guru course, and that's definitely not the image you seem to want to portray.

As for your wholesaling questions, ask away. I'll be glad to answer any of your Texas specific questions that J Scott can't.

Colin Bochicchio

Real Estate Investor · Burke, Virginia

44 posts
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May 23 '11, 10:53 PM

I would have to agree with JScott since I always read his posts since he has real experience in his area of investing and others on this board even if I'm not working in wholesaling.
That old saying attitude determines your altitude goes a long way.

Whatever RE knowledge is imparted to you should read and appreciated from what it can provide since BP has some real knowledgeable members in different aspects of investing.
You should recheck your profile since it does comes off abit strong.
My area is land trusts and investing with them so if you need an information on using a land trusts to wholesale or whatever i can assist.

I wish you the best in your investing.. :cool: