All Forum Posts by: Clinton Omiwade

@Frank Serrano wish this was in Houston !

@Desirae Price Hello , did you do all 6 deals in Houston . I am a newbie real estate investor here in the area and i would like to connect !

@Mark Sewell Hey mark for some reason , i never saw this . How are you ? I’m totally up to grab a beer . When’s good for you?

My partner and i have a possible deal , we are newbies , so feedback would be greatly appreciated . We found a property while driving for dollars and uncovered that this said property was debilitated ,vacant and completely gutted. We have researched ARV which is at 226k. The seller is not willing to sell anywhere below 150k . Estimated repairs are now at about 30k . After declining our second offer at 120k . He suggested that we renovate the property while he still holds the deed and sell it and break down a profit split. Is this a worthwhile venture ? If so what contracts should we use, and has anyone done a transaction similar or close to it and how much risk was involved?

@Aidan Mulligana Thanks so much !

I am a real estate agent in Houston Tx . I primarily cold call for expired listings and terminated listings everyday from 7am to 12Pm. I am now Looking to Diversify and get into the investment side of things. I found wholesaling and have been attending YouTube University on wholesaling , but as lists and markets differ across the board , i am having issues finding Houston specific information .

If you can help me out or point me in the right direction on a following things , I’ll be sure to pay it forward once i find success. See below

1. Where do i go in Houston to find the following leads

i. Probate

ii. Pre Foreclosures

iii.Tax Delinquent

iv. Code violations

v. Absentee owners

(I went to the county court on this and they were not very much help. I was told to get in contact with another source who doesn’t answer phone calls or texts.)

2. If you could point me in the right direction of seasoned investors who can’t help me get a grip of things . I have no problem with 10x level work schedules and I’m willing to give 50 percent of the deal up.

@Jason White The property is in Houston TX . I have been trying to skip trace the seller but not sure what skiptracer to use to get accurate results, or to even skip trace the Llc, thanks for responding !

Is it possible for me to wholesale a fire damaged home? And do i run comps for the land , what if there are no recent comparable lots sold because it's a built out neighborhood. How do i find MAO.

Can somebody give me a little more clarity on BRRR on selling wholesale deals

What are the classes of Areas? A,B,C,D. What are they broken down into. Also am i better off buying severely distressed cheap homes? Or do the repair costs put me in a bad position