All Forum Posts by: Vijaianand Thirunageswaram

I use varies companies. As @Shahriar Khan mentioned, its all about relationship in the real estate if you are in for long haul. Don't penny pinch on these things if the service provided is good.  

I use various companies. If it's regular deal, go with Fidelity National Title or First American. If it's wholesale deal, mostly working with American Title - Trisha or DeclarationTitle - Memorial - Lorett. They do good job. Trisha sometimes goes out of her limit to help investors like she did LLC transfer for my investor for nothing.

@Ken F. Not all the places and not all the time my friend. It depends on varies parameters. That's the thing about Real estate which you know.. Every market is different. 

@Account Closed You got your verdict already from various experts. My 2 cents, new home might be less of a pain when it comes to capex but you are buying it high and need to find real good tenant to rent out and take care. Otherwise after 2 years, it's going to trashed and you will feel like damn why did I buy a new house to get trashed like this. 

Yes, you don't have to worry about AC, roof or heater at that point but still need to rehab and rent it out. It same case if you buy decently upgraded property and you can make return worth it by cashflow or appreciation quickly not waiting for long. Think about it!!

No more new houses in real katy, it's all Fullshear, Berkshire and they are getting expensive. I work with new home buyers too but it's getting far for Downtown commuters. You need to look for better homes Elridge and I10N and 99 area and invest wisely.

Here are few which I go regularly,

Fort Bend REI - First Tue of Month at Rudy's

Heritage Home Buyers Investors Meet up - First Wed of Month at their location

JET Lending Meeting up - 3rd Wed of Month - Redneck Club - It's big event and can be hit or miss.

Hope this helps to get you started.

@John Burtle That's cool dream to help local authorities which I never anyone say it. 

@Nikolas Ferreira culturally wealthy, that's nice one Nik. I love that. 

I never used Cozy but did the analysis with others out there. They are expensive on the background and credit checks. They are slow on their credits of payments. I use Tenantcloud. It's free to start but just $9 monthly for getting payments from tenants and it only takes 3 days. I love their app as well. It's very sleek.

We usually need minimum $500 for first property and $250 after on for our clients. As you said, if any capital expense popup, usually client pays from his pocket or let us know about saving for it which we usually work with them to reserve more. We are flexible which not many management companies do.

Yeah, usually that's the way many wholesaler I know works. No clear tile or any problem in their side, they will refund it. If you pull out, they might not. In your case, they couldn't able to close it so they should refund it. I never heard of him anywhere. You can report to Texas Attorney office if he registered as Texas LLC and take him to small claims court if you have his details.

@Nhi Tran As @Fred Heller mentioned, it might be non-refundable deposit you paid to him. Sometimes they use the term interchangeably but they are not the same. If EMD, you should also remit the check to go to Title Company. If you paid to their company, you don't have a choice if the contract mentions it clearly. If you have any communication with him about it, may be you can try him in Small claims court.

@Shahriar Khan Agreed!! That's what get's more complicated. I do have list of investors but they all different and deals what I have doesn't fit some and others are not interested in that area and it adds up.  I do have deal came to me which seems to be good buy and hold and trying to find investor for it.