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All Forum Posts by: Chris Soignier

Chris Soignier has started 6 posts and replied 992 times.

Post: Looking for Referral

Chris Soignier#5 Coronavirus Conversation ContributorPosted
  • Real Estate Broker
  • North Richland Hills, TX
  • Posts 1,016
  • Votes 607

Chad, I live in the area, know it well, and have a great network.   Please PM me if I can be of service.    Thanks for the recommendation, Andy!

Post: Whole sale deals

Chris Soignier#5 Coronavirus Conversation ContributorPosted
  • Real Estate Broker
  • North Richland Hills, TX
  • Posts 1,016
  • Votes 607
Originally posted by @Rubi Rey:

@Chris Soignier Does Conner Wholesale properties in the DFW area? is there any way I can also pick his brain? I am new to whole sales and I have so many questions.

 Yes, he does.   www.connorbuyshouses.com

Post: Fort Worth, Cleburne, or Waco Texas Rental Property under 70k

Chris Soignier#5 Coronavirus Conversation ContributorPosted
  • Real Estate Broker
  • North Richland Hills, TX
  • Posts 1,016
  • Votes 607

Oscar, yes - paying cash will give you an advantage not only by being able to offer a faster close, but also by eliminating any financing contingencies.    I'd be happy to put together a search of suitable investment property candidates, PM me if you'd like to get started!

Post: Fort Worth, Cleburne, or Waco Texas Rental Property under 70k

Chris Soignier#5 Coronavirus Conversation ContributorPosted
  • Real Estate Broker
  • North Richland Hills, TX
  • Posts 1,016
  • Votes 607

It's easy to see all the new development the tollway is spurring.   I'm also bullish on the area, as the tollway makes Fort Worth much more easily accessible, although it wouldn't be cheap to drive every day.

Post: License in NJ to Buy/ Sell own properties.

Chris Soignier#5 Coronavirus Conversation ContributorPosted
  • Real Estate Broker
  • North Richland Hills, TX
  • Posts 1,016
  • Votes 607

James, I don't know how different NJ is from TX, but here you don't need a license to buy and sell your own properties, only to broker the sale of properties in which you don't have a financial interest. The real benefit from being licensed in that role is access to the MLS and other great analytic, research, lead gen, etc. tools.

My brokerage allows me 3 sides per year where they take no split, but there are almost as many business models as they are brokers.    Find one that aligns w/ your business strategy.   If they're smart, they'll make a little money off you via monthly fees, min. commissions per transaction, transaction fees, etc.

Make sure you're not paying for things you don't value.   If you don't plan on hanging out at their office, why would you want to subsidize fancy offices, furniture, etc. for those that do?   

Post: Laptop or Desktop for RE Business?

Chris Soignier#5 Coronavirus Conversation ContributorPosted
  • Real Estate Broker
  • North Richland Hills, TX
  • Posts 1,016
  • Votes 607

My brokerage uses one client-based program I need to access.   If it wasn't for that, I'd seriously consider a Google Chromebook.    When you do everything in the cloud, you don't need a lot of processing power.   They're light, cheap, usually slim and easy on batteries.   Lose or destroy your Chromebook?   Just buy another one cheap, enter your Google name and PW, and you won't even skip a beat.

I use my iPad Pro (9.7", w/ keyboard) a lot, and it's all I need when I leave my house.   Love the LTE, instant on by touch, size/weight, and ease of use.

Post: Best company to get License with?

Chris Soignier#5 Coronavirus Conversation ContributorPosted
  • Real Estate Broker
  • North Richland Hills, TX
  • Posts 1,016
  • Votes 607
Originally posted by @Alice K.:

@Gonz Trevino Does KW offer extensive online classes? I have a full time gig so can't attend their day training, which is a bit sad. Thanks in advance!

 All of eXp's training is online, and not a webinar but in our exclusive virtual reality environment.  Check it out....invite.exprealty.com.    Don't have to be w/ eXp to attend classes and meetings.    Big news to be announced at our leadership meeting in the auditorium this morning @ 10am Central.

Post: My new way of thinking.... my plan A!!!!

Chris Soignier#5 Coronavirus Conversation ContributorPosted
  • Real Estate Broker
  • North Richland Hills, TX
  • Posts 1,016
  • Votes 607

Only you can answer that, as it depends on your business plans and how committed you are to succeed in the business. Fees can vary widely, I'd ask your state governing body and local MLS. You s/b able to get your license quickly if you're motivated.

I wish I'd have gotten started when I was your age!    Any more questions, please feel free to ask.

Post: Wholesaling in Dallas

Chris Soignier#5 Coronavirus Conversation ContributorPosted
  • Real Estate Broker
  • North Richland Hills, TX
  • Posts 1,016
  • Votes 607
Originally posted by @Everett Marshall:

where it gets gray for me is on marketing the property. Why contract the property if I can't advertise to buyers?

 I can't speak for other states, but in TX you can market it as long as you have equitable title.   It would be a good idea to disclose that in your marketing materials just to be safe....

Post: Wholesaling in Dallas

Chris Soignier#5 Coronavirus Conversation ContributorPosted
  • Real Estate Broker
  • North Richland Hills, TX
  • Posts 1,016
  • Votes 607
Originally posted by @Andrew Herrig:

@Chris Soignier In Texas, the contract is assumed to be assignable unless it says otherwise. However, if you want to spell it out, you could list the buyer as "John Smith and/or Assigns".

 Andrew, agreed, and I'm aware of that.    I always spell it out in the interest of transparency and honesty.   My point was simply that there is not a check box for it on the residential 1-4 resale contract.

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