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All Forum Posts by: Wale Lawal

Wale Lawal has started 86 posts and replied 4481 times.

Post: Wholesalers ! In the Houston, Area!

Wale Lawal
Posted
  • Real Estate Broker
  • Houston | Dallas | Austin, TX
  • Posts 4,658
  • Votes 2,481

@Andres Bautista I am glad you have goals set in place, as this will keep you focus and motivated. It is great to see you have sales experience because wholesaling requires a lot of talking/negotiation. Keep it up! Let me know if you have any questions or concerns.

Post: Should I help my girlfriend pay off her debt?

Wale Lawal
Posted
  • Real Estate Broker
  • Houston | Dallas | Austin, TX
  • Posts 4,658
  • Votes 2,481

@Benjamin Couch I see. Well, you have a good amount of money saved up. Please, keep in mind other expenses like inspection and earnest money that come with closing a home. Wishing you the best, and let me know if you have any questions.

Post: Should I help my girlfriend pay off her debt?

Wale Lawal
Posted
  • Real Estate Broker
  • Houston | Dallas | Austin, TX
  • Posts 4,658
  • Votes 2,481

If you can start creating wealth for your future family, then why not. Have you thought of house hacking? Instead of a trailer, buy a duplex. Live in one and rent out the other.

Post: Wholesalers ! In the Houston, Area!

Wale Lawal
Posted
  • Real Estate Broker
  • Houston | Dallas | Austin, TX
  • Posts 4,658
  • Votes 2,481

Welcome to BP. I hope you learn and grow as much as possible. Could you share some of your goals?

Post: Evicting Unvaccinated Tenants

Wale Lawal
Posted
  • Real Estate Broker
  • Houston | Dallas | Austin, TX
  • Posts 4,658
  • Votes 2,481

Your focus should only be on tenants that obey lease terms and pay on time.

Post: Pay off all Credit Card Debt Before First REI Deal?

Wale Lawal
Posted
  • Real Estate Broker
  • Houston | Dallas | Austin, TX
  • Posts 4,658
  • Votes 2,481

Welcome and congratulations at the same time. Lenders prefer to see a debt-to-income ratio smaller than 36%. If I were you, I would pay off my CC.

Post: Home Inspector for STR investment

Wale Lawal
Posted
  • Real Estate Broker
  • Houston | Dallas | Austin, TX
  • Posts 4,658
  • Votes 2,481

Ask your agent. I always provide my clients with a couple of inspectors to contact or do a google search. Look at their review or call to build rapport. 

Post: Did I dodge a bullet or was I too suspicious?

Wale Lawal
Posted
  • Real Estate Broker
  • Houston | Dallas | Austin, TX
  • Posts 4,658
  • Votes 2,481

Always trust your gut. Congratulations on dodging a bullet.

Post: Question for Investors

Wale Lawal
Posted
  • Real Estate Broker
  • Houston | Dallas | Austin, TX
  • Posts 4,658
  • Votes 2,481

I agree with both. A newer investor may not have a team to rely on if something goes wrong. By advising them to start with a new construction they avoid, hidden surprises and the initial rehab work. They also reap the benefits of new appliances, among other things.

Post: Do you think it’s okay to start a meet up with no experience?

Wale Lawal
Posted
  • Real Estate Broker
  • Houston | Dallas | Austin, TX
  • Posts 4,658
  • Votes 2,481

@Tristan Roth That's awesome! I wish you the best keep taking action and learning. Don't forget to post your event on BP when you are ready. Good Luck!!