Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Daniel Mendez

Daniel Mendez has started 96 posts and replied 247 times.

Post: BRRRR: Refinacing into LLC?

Daniel Mendez
Posted
  • Investor
  • Dallas, TX
  • Posts 254
  • Votes 47

Good morning BP members,

For those that have done many BRRRR deals. When it comes down to the refinancing part. Do you guys find a lender that can refinance the property under your LLC? Or do you refinance the home under your name and then move the property to your LLC?

Thanks in advance

Post: RE Attorney: Dallas / Fort Worth Area

Daniel Mendez
Posted
  • Investor
  • Dallas, TX
  • Posts 254
  • Votes 47

Good evening BP members,

Do any of you who live, invest in the DFW area have a good RE attorney that I can work with?

Looking to have some contracts reviewed.

Thanks in advance!

Post: How to figure out the owner of a property that is owned by LLC

Daniel Mendez
Posted
  • Investor
  • Dallas, TX
  • Posts 254
  • Votes 47

Good morning BP community,

Can anyone of you remind me how could I figure out who the owner is of a company that owns a property that I am interested in?

Based on what I have read, I need to go to the country assessors website where the property is located and figure out if the home address is different than the mailing address. Right? If so, I saw that the property is owned by a company.

If I am interested in the property, do I send a letter to the mailing address of that company?

Thanks in advance!

Post: 26 units in 10 months and 16 more under contract...

Daniel Mendez
Posted
  • Investor
  • Dallas, TX
  • Posts 254
  • Votes 47

@Chris Levarek

Congrats on your huge success.

Can you tell us about your very first deal? Price? How did you find it? How did you fund it? Etc

Also, what got you to take the leap?

Thanks in advance !

Post: Advice for finding buyers for wholesale deals?

Daniel Mendez
Posted
  • Investor
  • Dallas, TX
  • Posts 254
  • Votes 47
Originally posted by @Will Barnard:
Originally posted by @Daniel Mendez:

@Will Barnard

How would you pull such list? Through the MLS?

Title rep or any real estate agent with MLS access can run a search for you for all cash closed transactions and then you just go through them looking for entity names and names that repeat on the list in your area.

Finding the deals is really the tough part and typically, it takes some form of direct marketing, or public marketing plus internet advertising to bring in leads. Door knocking is also a good way to go (at least it is in my area - CA). 

 And once i get those names of those entities and/or repeated names. Do I just call them and see if they want to be added to my buyers list?

Post: Hard Money in OKC Question

Daniel Mendez
Posted
  • Investor
  • Dallas, TX
  • Posts 254
  • Votes 47

@Thomas Pae

Thomas, yes that’s true.

I'm trying to invest in Ohio right now and all the hard money lenders that i called would only do business with an LLC.

Post: Why I gave up Bandit Signs....Today.

Daniel Mendez
Posted
  • Investor
  • Dallas, TX
  • Posts 254
  • Votes 47

@Efrain Diaz

Efrain, in your opinion what marketing Avenue is working the most for you? Is it direct mail? Social media?

Post: Advice for finding buyers for wholesale deals?

Daniel Mendez
Posted
  • Investor
  • Dallas, TX
  • Posts 254
  • Votes 47

@Will Barnard

How would you pull such list? Through the MLS?

Post: Where to buy 1st out of state property?

Daniel Mendez
Posted
  • Investor
  • Dallas, TX
  • Posts 254
  • Votes 47
Originally posted by @Jeff Schechter:

@Daniel Mendez Thanks for your kind words. We rarely buy off of MLS... that represents maybe 5% of our acquisitions. We have very tight relationships with certain wholesalers, do some of our own marketing, and also work with some hedge funds.

 That is awesome to hear, Jeff.

I am looking to find a wholesaler in my area. Any tips on what I should look out for to determine if the wholesaler is a legitimate wholesaler? Or vice versa what should I look out for to determine if the wholesaler is a bad wholesaler? 

Post: Where to buy 1st out of state property?

Daniel Mendez
Posted
  • Investor
  • Dallas, TX
  • Posts 254
  • Votes 47
Originally posted by @Jeff Schechter:

@Renee Ren We're high on Indy... between us and our investors, we're about 450 doors deep here.  

Congrats on your success, Jeff.

All these properties that you are finding in Indy. Have they all been off-market properties?