All Forum Posts by: Cordell Hinton-Brown

So I have looked at the comps in the area, and maybe I'm doing it wrong, but the comps that I have seen show houses that are outdated. So how do I get my ARV for this house?

Im going into this with the excitement being for the experience and not the possibility of the deal. I think that is much more valuable to me as a new investor. How do I ensure that it isnt listed with a real estate professional? Im attempting to pull the comps now but I am having a few difficulties. 

Side note, the neighborhood is a pretty good neighborhood. Not many issues at all. 

Good evening BP pro community,

So I am a brand new wholesaler in the Houston area. I have done about 3 months worth of intensive studying, reading, and note taking on real estate investing in general but more specifically wholesaling. I chose wholesaling because my capital is not where I want it to be and I also need to improve my credit.

I recently spoke with a seller who posted an ad wanting to sell their home. The asking price is 160,000. It a 2 story home with 4 bedrooms, 2.5 baths, 2 car garage, and driveway. I spoke with the seller and they told me the lowest they could go is 140,000. I have a meeting with them tomorrow to look at the house and do some educating estimating on repair costs and based on the pictures, the property looks a little outdated. I plan on explaining that to the seller at the meeting and running the numbers in front of them to show how I come to the price that I come to. Seller stated that the AC unit, water heater, and roof have all been replaced within the last 2 years ( a judgement I reserve until the meeting). If you have any advice on what I need to keep an eye on or information that I need to get from this meeting it would be GREATLY appreciated seeing as tho this IS MY FIRST PROPERTY that I will be looking at in person. I am very excited and I hope it works out well. Thank you in advance BP.

 You are absolutely correct. Thank you very much for that reply. I'm very new to biggerpockets.com so I'm still learning the ropes. That's exactly what I am going to do. 

 Not saying I have all the answers. I'm just saying that I have done my due diligence in learning the basics of the real estate game. Im just looking for someone with the experience in this specific area.

 I've more than studied the basics. I've devoted tons of time reading, watching videos, and talking with other investors. Hence why I stated that in the original post. Now it's time for me to take action and put boots to the ground. 

Hello fellow investors,

Finally I have decided to go with wholesaling probate deals as my niche. Obviously I am a new investor and I am seeking any and all advice from those who have mastered the art of probate deals. I have chosen this for multiple reasons. One being, I am very low on capital and my credit isn't the best either, so in order to build my revenue Im going to wholesale until I can make bigger and better moves. I have done a good amount of research on this and I am continuing my studies here on BiggerPockets. I've chosen to order bandit signs with my google voice number posted on them as my initial marketing to end buyers. Please give any advice you have in field. I am also looking for a solid mentor in the Houston area who is willing to teach a young, hungry, and very motivated future investor. I am willing to offer my time to someone who provides me with the experience and knowledge needed to succeed in this journey. Thank you all in advance. I hope to hear from you very soon. 

Good evening BP,

Im a new and extremely motivated investor looking for deals in the Houston area. Im excited about building relationships and networking with like minded people who are where I have every intention on getting in this game. I am interested in finding possible partners to link up with and figure out ways to benefit each other. Thank you in advance. 

 Man I wish this post would've came one day earlier before I drove out to central Texas. When is the RICH event?