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All Forum Posts by: Hector Perez

Hector Perez has started 30 posts and replied 176 times.

Post: BiggerPockets member on the road to SUCCESS

Hector Perez
Posted
  • Flipper/Rehabber
  • Houston, TX
  • Posts 176
  • Votes 75

The other training will be next year in February with CEO of GrowBiz Media Rieva Lesonsky, dont know details yet, but I will keep you informed

I think the other link did not work, hope this does

http://www.success.com/blog/what-i-learned-from-success-4-lessons-on-being-a-successful-entrepreneur

Post: BiggerPockets member on the road to SUCCESS

Hector Perez
Posted
  • Flipper/Rehabber
  • Houston, TX
  • Posts 176
  • Votes 75

Thanks @Jay Hinrichs and @Douglas Skipworth for the post and the comments

I had the opportunity to write an article for Success Magazine and provide a few tips that I learned from Darren Hardy.

This is the link

http://www.success.com/blog/what-i-learned-from-success-4-lessons-on-being-a-successful-entrepreneur

I hope this can help you too

Take care

Post: BiggerPockets member on the road to SUCCESS

Hector Perez
Posted
  • Flipper/Rehabber
  • Houston, TX
  • Posts 176
  • Votes 75

Thanks @Douglas Skipworth for posting the article

It was a great opportunity to be part of the Start Small Win Big Challenge and very excited for winning the competition.

Also I am grateful for being part of Bigger Pockets that thru the forums that I have read and people that have answered my posts had made me a better investor

I had the opportunity to meet Darren Hardy this week  and I would like to share one piece of advice that he gave me, that I thing it can benefit any investor that wants to grow their business and continue to grow over time

The questions was  what is the best advise for a start up to succeed?

You need to have 4 skills that are necessary in any company

1) Sales - This should be the number one goal

2) Recruiting only The best people to work for you

3)Leadership

4) Productivity (learn how to manage your time and always keep learning)

As you are growing start hiring people for tasks that are non-essential or that take lot of time, while you focus on the most important activities that generate revenue (sales and marketing). The most important activities should be the last thing you hire, not the first.

 I have seen many investors that I network in Houston that main focus is creating the business cards, websites, attending classes, going to networking events and they complain they have not close a deal in months or even a year, and the reason is that they are focusing in the wrong activities.

Best Regards

Hector Perez

Post: I am a Cash Buyer Looking for Houses in Houston

Hector Perez
Posted
  • Flipper/Rehabber
  • Houston, TX
  • Posts 176
  • Votes 75

Hello @Ray A.

Thanks for the email,

I am looking for homes to buy if you have any inventory  let me know, or send me a private message

Post: Houstonians, How Do You Choose Your Marketing Area

Hector Perez
Posted
  • Flipper/Rehabber
  • Houston, TX
  • Posts 176
  • Votes 75

You choose your market area based on what you are planning to do, wholesaling, rentals, fix and flips, owner finance, etc.

My suggestion when getting started (start in wholesaling) look at neighborhoods, built before 1980 near your house, narrow them by zipcode, then Drive and get address from vacant and distressed homes once or twice a week consistent for 2-3 months, 

Send a letter or postcard to every lead you got at the end of the week, and do the same every week. try to touch every lead at least 6 times

Also as you are driving call FSBO and for rent signs.

Call Craigslist FSBO, or Zillow leads

The two most important part of it is to do it consistent every week for 3 months, to see results.

as you are closing deals, save some money and start doing Direct Marketing.

Direct marketing today in Houston is about 0.5% to 1% calls and you need 25 to 30 leads to close a deal, so do the math, you have to send over 3000 letters/postcards a month to close on a house, so save your hard earned money and try to focus on what I mentioned above

Cheers

Post: Is There Such Thing As A "Saturated Market"?

Hector Perez
Posted
  • Flipper/Rehabber
  • Houston, TX
  • Posts 176
  • Votes 75

Hello @Lawrence Taylor

Welcome to Houston, Texas

If you are just sending 500 letters/postcards a month , you may get frustrated real fast, as the marketing is not working as you have planned.

the investors that I know in Houston they get 0.5% to 1% calls from their marketing and out of 25 leads they get a deal in average

if you send 500 cards, you will get 2-5 calls a month and it mat take several months until you get a real deal

What I suggest is to drive for dollars in older subdivisions built in 1980 and below, look for vacant homes or distressed properties and send them post cards, call all FSBO and rent signs. Do this every week for 2-3 months non-stop and you will be surprised with results you get. Save your hard earn $$ and by using this method you will have faster results

Post: Loan and LLC

Hector Perez
Posted
  • Flipper/Rehabber
  • Houston, TX
  • Posts 176
  • Votes 75

If it is for a hard money loan on a single family homes, I would use legal zoom if you need to keep it at a reasonable price ($650-$800) or any Real Estate Attorney can do it usually around $1500.

Post: cash deals in Humble

Hector Perez
Posted
  • Flipper/Rehabber
  • Houston, TX
  • Posts 176
  • Votes 75

send a me private message with MLS number so I can do a quick analysis

Post: cash deals in Humble

Hector Perez
Posted
  • Flipper/Rehabber
  • Houston, TX
  • Posts 176
  • Votes 75

Hello @Eboni Taylor

I am a cash buye in Houston

I have close several properties in Humble/Kingwood area recently and looking for more houses to rehab

Post: I am a Cash Buyer Looking for Houses in Houston

Hector Perez
Posted
  • Flipper/Rehabber
  • Houston, TX
  • Posts 176
  • Votes 75

Hello my BP Friends in Houston, Texas

I am an active Buyer of Properties, single family houses in Houston Texas and surrounding markets and I am looking for wholesalers and other investors that have properties for sale. I can close Fast

  • For single family rentals, I am looking for houses selling between $20K to $55K. these usually have an ARV between $65K to $90K
  • For Fix and Flips, I am interested in properties with ARV from $120K to $500K

Looking forward talking to you, my goal is to create long lasting business relationships

Take care