All Forum Posts by: Belinda Lopez

Sure but need more details on just what you are trying to do and what role you are playing.  I've been contacted by several out of state investors.  One of them had leads in my area (Houston area) and he was from Arizona.  He had to trust me to take care of boots on the ground work here to help him. I easily could have stolen the deal from under him as he was not around to follow and really see what happened.  We signed an NDA/NC agreement so I agreed to not do that but I've seen it done all the time.

Anyways, the lead did not turn into anything - YET but every few months that Seller contacts me and I follow up on the lead and I think it will turn into a very nice deal - eventually!  I keep the AZ guy updated and he cracks up that I'm still working the lead AND keeping him updated on progress. It's a mobile home park so those types of properties often take much longer times to develop into quality deals where the seller finally realizes the park he thought was worth a fortune that he's been running as their personal ATM and doesn't have any credible books for, is not going to sell for much over land value.  We've got several parks like this and it has taken 2 plus years to finally get to an accepted offer.  It's a niche area so maybe single family homes would go faster but same thing, have both sides sign an NDA/NC first and proceed with caution on both sides.

A foundation would make the lot less desirable for an investor.  We have a project we are taking over from a builder and two of the lots have only the foundation poured already - big headache, an empty lot would be easier.  With a poured foundation your only choice is to build what has already been permitted and designed and most folks want their own design.  IF, and it's a big if, you can find the original blueprints then it's more of a hassle to change them and build what you want vs. just starting from scratch.

Even builders just want vacant lots with utility access.  Many investors have done well  buying empty lots and putting in the utility taps or subdividing larger parcels into smaller lots but putting any sort of concrete would make the lot much less desirable and harder for someone to take over. What if I want to build closer to the back or front of the lot?  what if I want to combine lots and build in the middle?  too many variables in what someone else will want to build for me to be tied into your foundation.  Only thing that might add value to a vacant lot is making sure it is level, has utility access and if you're offering financing. 

Many of those struck off or smaller lots also have other restrictions so be very careful with that.  I just heard from a guy who owns over 650 empty lots but he has a very precise system for buying at auction and strategy for selling them.  Not many investors will take the time to really figure out this niche so try to partner with someone who is already working this area.  Good luck!

Hi Filipe, we have a monthly meetup in the Clear Lake area for real estate investors.  Hope you can join us some time.  Last month we met at Top Golf in Webster and I really liked the place for meetings.  Other times we'll meet at the library on Diana Ln but we're always looking for places to hold meetings. 

I'm on the Island, Jamaica Beach, but partner with folks all over.  I'm in a very narrow niche now but can probably lead you to some folks who invest in other areas.  I also highly recommend you join the local Real Estate Investing Association.  In the Houston area, that's the RICH club; tons of events, classes and networking opportunities.

Welcome!

Nov. 12 & 13th, Houston, TX, 9 am - 6 pm

The Millionaire Mastermind program is like nothing else ever offered by RICH (Realty Investment club of Houston). Previous graduates have already started purchasing properties and are now involved in multiple deals using the advanced strategies and resources from the program. And folks are not sent off on their own after the event either. The program includes six months of follow up meetings, exclusive access to wholesale deals, a private mailing list and access to special insider investing resources like Self-Directed IRA companies, recommendations for attorneys, Title companies, etc.

There is only space for twelve participants into each group and they told me they've already sold ten seats. The last event sold out and this one will too so ACT NOW!

Take a look at the event website: http://richclub-mastermind.org/

or feel free to call the special event hotline at 832-998-3361 for more information.  Don't miss this chance to gain access to ONE MILLION DOLLARS for your investing! Call NOW!

Scott Meyers’ Self Storage Strategy Session at The RICH Club October 8, 2016, 9 AM

Here’s what you’ll learn in this Content Packed Self-Storage Breakout:

1. The 3 Reasons why Self Storage is Booming and why You need to get into the Business Right NOW!
2. Why Self Storage has higher Profits than ALL other Forms of Real Estate
3. How to Find Undervalued Deals (Where nobody else is looking!)
4. The Multitude of ways to fund to Fund Self Storage Deals and a little known Government Loan Program that allows you to purchase them for $0 Down!
5. How FINALLY Create Passive Income in Real Estate Without all the Hassles of Tenants, Toilets, and Trash.
6. How to Buy Unwanted Commercial Real Estate for Pennies on the Dollar and Convert to High Demand Self-Storage
7. How to create a Hands-free Management system for your Self Storage business using kiosks.
8. How to earn Finder’s fees in Scott’s new earn while you learn referral program.
9. The 2 Reasons Why this is one of the Hottest Markets (Huge Demand) in the United States for Self-Storage Facilities
10. PLUS – I’ll Reveal The Biggest Real Estate Play in the Nation in 2016...

https://goo.gl/PSjQgd

@ Jeffrey H. is correct. Tiny Homes are considered RVs if they are built on a trailer.  If you're talking about 'true' tiny homes that will be slab or pier and beam built on permanent foundations then you have to follow the codes for residences.  I was researching this in Galveston and there were minimum for certain room sizes like living room and bedrooms; at least 7' by 7'.  There is a monthly meetup for Tiny Home Builders in Houston, try to look them up, they have great resources.

Good luck!

Mike Holmes

Steve Newsome

Jaime Rocha

Jerel Elhert

David McDougald

I'm  send you their contact info.  All highly recommended from the Realty Investment Club of Houston and myself!

This weekend September 24th & 25th, The Deals In Days Event Is Your Key To Breaking Down The Barriers And Finally Achieving The Real Estate Investment Success You've Always Dreamed Of...

The Realty Investment Club of Houston present Linda Muscarello & Ray Sasser, two of Houston's most experienced investors sharing their secrets to finding and doing deals in days not months.   More Free bonus items than I can list here and more info that can fill a month of training, in one great weekend.  And when you sign up for the class, Linda & Ray will PAY FOR YOUR RICH MEMBERSHIP!  Yes, a $257 value when you sign up as an individual member or $297 for two family members.

Here's the link to find out more info on this incredible offer:

DEALS IN DAYS

THE Class includes a meet and greet Friday night and then two full days of training.  See the RICH website for more info.

Would you trade $5k for $1 MILLION DOLLARS?

Of course you would.  That's the crazy offer we're making to the attendees of this weekend's  Millionaire Mastermind Event in Houston, TX sponsored by the Realty Investment Club of Houston.  We've partnered with Zeus Mortgage to provide every participant a ONE MILLION DOLLAR line of funding for their real estate investing.  

The Millionaire Mastermind will take place on September, 17th & 18th at the exclusive Houstonian Hotel & Resort Center.

• 2 days of immersive training
• 6 incredible stories to be shared from LOCAL multi-millionaire investors
  • Residential to commercial transitioning
  • Note Investing
  • Hotel opportunities
  • Buying mega portfolios from Fannie Mae
  • Private Lending
  • Due Diligence profits
  • Mindset Mastery
• 6 months of follow up events
• VIP access to Houston’s top Wholesalers
• Are you going to be one of the  new multi-millionaires to be launched this weekend?

http://richclub-mastermind.org/

Allegiance in Sugarland is good.  Carrington gets rave reviews from investors.  Spearhead and Benchmark are investor friendly insurance companies in Houston.