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All Forum Posts by: Andres Jaramillo

Andres Jaramillo has started 1 posts and replied 104 times.

Post: New member from Houston, TX

Andres JaramilloPosted
  • Real Estate Investor
  • Houston, TX
  • Posts 147
  • Votes 32

Hi @Nick Terry ,

Welcome to BP. You are at the right place to learn and meet fellow investors. We have a Bigger Pockets one every month on top of that there are quite a few meet ups that are good and very informational.

Good luck,

Andres J.

Post: Newbie from Houston, TX

Andres JaramilloPosted
  • Real Estate Investor
  • Houston, TX
  • Posts 147
  • Votes 32

HI @Diamond DeVies-Ellis ,

Welcome to BP. You have found the best place to learn and ask questions when needed.

Good luck,

Andres J.

Post: Hi from sunny Austin, TX

Andres JaramilloPosted
  • Real Estate Investor
  • Houston, TX
  • Posts 147
  • Votes 32

Hi @Taylor Jackson ,

Welcome to BP. Awesome first description. You are already listening to the podcast that are a great resource of information.

Good luck,

Andres J.

Post: New to site - Houston RE

Andres JaramilloPosted
  • Real Estate Investor
  • Houston, TX
  • Posts 147
  • Votes 32

Hi @Phillip Smith ,

Welcome to BP. This site is great and you can find a great amount of info. Some of the investors here in Houston are meeting this Wednesday at 6. 

http://www.biggerpockets.com/forums/521/topics/143847-houston-meetup---wednesday-september-10-2014

Good luck,

Andres J.

Post: New Member Intro

Andres JaramilloPosted
  • Real Estate Investor
  • Houston, TX
  • Posts 147
  • Votes 32

Hi @Ashish Mehta ,

Welcome to BP. Prices are going up, but the Houston market isn't going to slow down so that shouldn't be a issue you should worry about.

Good luck,

Andres J.

Post: Analyze SFH rental deal in Houston - Good enough for starter?

Andres JaramilloPosted
  • Real Estate Investor
  • Houston, TX
  • Posts 147
  • Votes 32

Hi @Eric T. ,

I definitely you can find something better here in Houston. I myself am finding deals over 20% all the time. 

Let me know if you have any questions.

Thanks,

Andres J.

Post: Approaching first flip- Trust the Wholesalers?

Andres JaramilloPosted
  • Real Estate Investor
  • Houston, TX
  • Posts 147
  • Votes 32

Hi @Oscar Riojas ,

It's hard to tell, but I always tell my clients to do their own homework on the properties so they have a better idea of what they are getting into.

Good luck,

Andres J.

Post: First flip, wondering about pricing

Andres JaramilloPosted
  • Real Estate Investor
  • Houston, TX
  • Posts 147
  • Votes 32

Hi @Sherry F. ,

I think you should keep it at that price. If your comps state that you can justify that price than keep it. I have done a few out in Spring and have done great on them, don't get worried on not receiving any calls because it will happen.

Let me know if I can help with anything else.

Thanks,

Andres J.

Post: New Member in Houston, Texas

Andres JaramilloPosted
  • Real Estate Investor
  • Houston, TX
  • Posts 147
  • Votes 32

Hi @Joseph West ,

Welcome to BP. Podcast are great, make sure you post questions when you have any. You will receive a lot of help here.

Thanks,

Andres J.

Post: What issues with a house will make you run from a wholsale deal?

Andres JaramilloPosted
  • Real Estate Investor
  • Houston, TX
  • Posts 147
  • Votes 32

Hi @Jordan Archer ,

There can be a ton of stuff that could cost you a good amount. It really is hard to tell until you start demo. Obvious things are roof, foundation which could usually include doing some plumbing, termites could be a problem because its hard to know the extant of their damage, lead paint. Again, it is always good to have a contractor with you when you are looking at these properties because they might be able to catch something you don't see.

Good luck,

Andres J.