All Forum Posts by: Iris Dahan

@Michael Dumler this is all true. But at the same time I think taking a leap of faith is great. However Iris, I have reached out to you and I have explained that I will help in any way that I can and I have not heard from you. I am in a VERY strong network in the Houston area. I am a GC as well. I know that I don't have a strong Face Book presents but at the same time I am a very honest person. If you will message me I don't mind helping and being boots on the ground for you. Houston itself can hurt a house flipper. That's not including what people do to other beginners in the Houston market. Its HOT here, sharks are EVERYWHERE! I am not offering this because I want to make money off of you. I am offering because I truly do not want to see anyone get taken advantage of. I have been there. Also, I am driving all over the Houston area. If I am not driving for dollars then I am following up with clients on my other businesses. Please reach out to me! With all of this. I can get you in touch with some EXCELLENT people that have helped me. Including title and insurance. Insurance, this must be your first call!!!! Has this house ever flooded? I understand that you should be guarded. But just because my presence on FB is not strong. I will go and look at this house on my own time and tell you exactly what your facing.

@Gearold White Thank a lot for your good will.
I saved your contact details and I'll be in touch in the right time.

The deal I'm working on seems uncertain at this point and takes a lot of my time.

I appreciate your kindness.

0 Votes

Houston, Texas

Quote from @Gearold White:

@Gearold White Thanks a lot for your good will.

I reserved your contact details and I'll be in touch at the right time.

I'm too busy these days on closing this deal which is still uncertain.

Thanks again for your kindness.

0 Votes

Houston, Texas

Quote from @Michael Dumler:

@Iris Dahan many questions need to be disclosed here. First, how do you know that the property you are about to go under contract on is indeed a deal? Which local experts have you networked with that can ensure the rent you plan to lease is accurate? Second, you're about to go under contract but don't have an inspector, contractor, or property manager already lined up? While these vendors can be sourced during the transaction, it's best advised that you first establish relationships before going pursuing a deal. Third, if you haven't spoken with a contractor, how are you aware of the rehab estimates? The rehab alone can kill a deal. Furthermore, can you trust the partner you're working with? Talking to her for only an hour does not sound reassuring. Not to kill your deal, but these are all important questions that need to be delved into. I don't want to point fingers, but a lot of shady individuals try to take advantage of folks out of the country. Hope this helps!

@Michael Dumler Thank you for the response.

You've asked important questions that make one re-think.

I am not sure that what I believed to be a good deal is really a good deal.

But I'm doing the best I can to prevent mistakes: I found a good agent, compared her CMA report with my inquiries, and they both matched.

Renovation costs are estimated by both contractor and inspector that are going to visit the house today, I am not renting but flipping.

I don't know yet which contractor will eventually do the work. The idea is to get a couple of bids and then chose one. The connections and relationship are created while working.

I wouldn't wait to build a team and then start working.

No one knows if their team members are good before activating them.

I am cautious though I prefer to believe that most people have good intentions.

People sometimes disappoint me but most of the time I'm rewarded with wonderful working relationship that benefit all parties.

I hope to overcome the challenges and that this project will be a good experience

0 Votes

Houston, Texas

1 Vote

Houston, Texas

Real estate in the US wasn't on my radar.

This option didn't exist for me 2 months ago.

But a woman I met for one hour suggested me to invest in a property she was working on.

And here I am, 2 months later going to sign my first deal in the tough market of Huston.

I am concerned of getting into a business where I don't have connections and the mentality is different from what I am used to in my county (Israel).

Fortunately, I met a few wonderful professionals who were patient and generously willing to help.

And after submitting a few offers that were snatched by faster and more experienced investors,

I've got my first YES.

Now I'm in the game.

This is exciting!

The contract is not signed yet, but I hope it will soon.

I will be facing building a team and coordinating the contractor, inspector, work manager etc.

Hard work does not frighten me. I am a hard worker.

But all this is completely new to me.

It would be great to read how other investors did it, please share.

1 Vote

Houston, Texas

@Wale Lawal Thanks a lot! I appreciate your advice

0 Votes

Houston, Texas

Originally posted by @Wale Lawal:

Use Niche.com, Greatschools.org, and Msc.Fema.gov for your research. I hope this helps!

0 Votes

Houston, Texas

@Melody Seefeldt Thanks!!

0 Votes

Houston, Texas

Originally posted by @Melody Seefeldt:

Hi Iris,

I highly recommend Shantella Williams. We've sold three homes with her representing us and we wish we had known her sooner.

https://www.shantellawilliams....

0 Votes

Houston, Texas

Thanks!

0 Votes

Houston, Texas

All Forum Posts by: Iris Dahan

Iris Dahan has started 2 posts and replied 17 times.

Post: One hour meeting that changed my life

Post: One hour meeting that changed my life

Post: One hour meeting that changed my life

Post: One hour meeting that changed my life

Post: One hour meeting that changed my life

Post: Neighborhoods In Spring TX

Post: Neighborhoods In Spring TX

Post: Neighborhoods In Spring TX

Post: Neighborhoods In Spring TX

Post: Neighborhoods In Spring TX