Houston area flippers

Houston area flippers

Houston, TX · Member since 2017 · 19 posts · 7 votes

Hello, let me start out by saying I truly admire what house flippers do. It is what I want to do someday. I say "someday" because right now I'm looking to build a relationship with someone in the Houston area. I will be joining a REI club soon to meet people.

I know that it is rude to ask to learn from someone without offering something in return. I want to learn what is certain investors are looking for so I can go out and hone my skills by helping them find deals. Other than this route, if you are new to REI what is a good way of providing value to an experienced investor?

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Rental Property Investor · San Diego, CA · Member since 2013 · 3k+ posts · 4k+ votes
3y
Quote from @Jared Anderson:

Hello, let me start out by saying I truly admire what house flippers do. It is what I want to do someday. I say "someday" because right now I'm looking to build a relationship with someone in the Houston area. I will be joining a REI club soon to meet people.

I know that it is rude to ask to learn from someone without offering something in return. I want to learn what is certain investors are looking for so I can go out and hone my skills by helping them find deals. Other than this route, if you are new to REI what is a good way of providing value to an experienced investor?


 I've had people want to shadow our Houston operations and learn about multifamily.  I haven't said 'yes' often but when I have people have offered to just work in the office and answer phones.  Or do showings.  Oversee a project.  One guy did a logo for me (which I still use), etc. 

I'm sure there are skills you can bring.

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  • Lender · Playa del Carmen, México · Member since 2014 · 2k+ posts · 1k+ votes
    3y

    Hey @Jared Anderson, here's the best way I know to impress an experienced investor...

    ... bring them an actual, well-analyzed, profitable deal and then request to joint-venture with them to take it down!

    You would definitely stand out from the pack. 

    For the record, please do not ask to pick their brain, or to refer you to all their best contractors, or to be your mentor!

  • Houston, TX · Member since 2017 · 19 posts · 7 votes
    3y
    Quote from @Mitch Messer:

    Hey @Jared Anderson, here's the best way I know to impress an experienced investor...

    ... bring them an actual, well-analyzed, profitable deal and then request to joint-venture with them to take it down!

    You would definitely stand out from the pack. 

    For the record, please do not ask to pick their brain, or to refer you to all their best contractors, or to be your mentor!

    Yea if roles were reversed and I had someone asking need those things, that would get on my nerves so I'm not about to do that.  Thanks for the reply.
  • Insurance Agent · TX · Member since 2018 · 362 posts · 175 votes
    3y

    Hi @Jared Anderson I'm in the middle of a few flips now.  I think Mitch is giving good advice.  If you brought a flipper a deal and split it with them, your contribution being finding the deal, that would be my best suggestion for how to get started.

  • Rental Property Investor · San Diego, CA · Member since 2013 · 3k+ posts · 4k+ votes
    3y
    Quote from @Jared Anderson:

    Hello, let me start out by saying I truly admire what house flippers do. It is what I want to do someday. I say "someday" because right now I'm looking to build a relationship with someone in the Houston area. I will be joining a REI club soon to meet people.

    I know that it is rude to ask to learn from someone without offering something in return. I want to learn what is certain investors are looking for so I can go out and hone my skills by helping them find deals. Other than this route, if you are new to REI what is a good way of providing value to an experienced investor?


     I've had people want to shadow our Houston operations and learn about multifamily.  I haven't said 'yes' often but when I have people have offered to just work in the office and answer phones.  Or do showings.  Oversee a project.  One guy did a logo for me (which I still use), etc. 

    I'm sure there are skills you can bring.

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