All Forum Posts by: John Vo
John Vo has started 16 posts and replied 99 times.
Post: Sellers agents not responding

- Investor
- Houston, TX
- Posts 99
- Votes 56
Post: Wordpress based website for real estate agents

- Investor
- Houston, TX
- Posts 99
- Votes 56
@Brandon L. I'm a real estate agent and I created my website using a Wordpress webpage theme. I'm not a programmer by any means, and it seems a little bit daunting at first, but I got into it when I got the hang of it. My website is fully functional and running. It took me about 3-4 months, a couple of hours a week here and there, to create the website the way I wanted it to look and function. You can track traffic to individual webpages using Google Analytics as well as increase website traffic by advertising with Facebook or Google Adsense. If your local MLS has developed an IDX widget, you can copy the IDX codes and it'll give your page visitor the ability to search the MLS listing. I would say that $3K a month is a lot to pay for creating and maintaining a website. Does that include advertising to increase traffic to your website as well as lead generation? I think it would just be better for you to look for a Wordpress Meetups group in your city and/or watch Youtube videos on how to create your own Wordpress website. It'll save you money in the long run once you have everything setup and running.
Post: How to make an offer to wholesaler

- Investor
- Houston, TX
- Posts 99
- Votes 56
@David Bokman & @Michael Nicholson, I appreciate the advice! It might just be the case that I'm not dealing with the right wholesaler. I will stick to my fundamentals.
Post: Visualizing data on comparables?

- Investor
- Houston, TX
- Posts 99
- Votes 56
It sounds like you're trying to identify which area is "hot" based on sales volumes and price. Your local MLS already have this data and send a monthly update to all their member. The data specifically identify trends based on sales volumes and prices. I get these data through a partner that's a real estate agent so I know what you're talking about. I use the data to target specific area and then send out direct mail those area. I would suggest partnering up with a knowledgeable real estate agent to get access to the data. If you don't know a realtor at the moment, San Antonio's Association of Realtor is nice enough to share their data to the general public through their website:
http://realestate.sabor.com/pages/mlsstats
This is a little bit more labor intensive since you have to input the zipcode and it'll spit out the MLS data, but you can use this data to create your heat map. Hope this helps.
Post: How to make an offer to wholesaler

- Investor
- Houston, TX
- Posts 99
- Votes 56
Post: How to make an offer to wholesaler

- Investor
- Houston, TX
- Posts 99
- Votes 56
Thanks for the advice Charlie and Hung! I try not to second guess myself, but it gets the better of me sometimes. I'll stick with my fundamentals.
Post: hard money loan advice

- Investor
- Houston, TX
- Posts 99
- Votes 56
Post: How to make an offer to wholesaler

- Investor
- Houston, TX
- Posts 99
- Votes 56
Hi everyone! I'm a new investor to the Houston, TX area. I've been analyzing some of the deals that I get via wholesalers that I've met at real estate investor events. I usually do my due diligence by doing several comps through zillow, the local MLS database, and property tax records. Then I would add up what I my rehab cost, finance cost, etc would be and come to a purchase price. The purchase price that I arrived at is almost all the time lower than what's advertise on most of the wholesale deals I've seen. So my questions is, how do you make an offer to the wholesalers without offending them? (PS. Most of the purchase price that I came to after adding my acquisition cost is about 15-20% discount from what I've seen being advertised)
Post: Buying Real Estate with a credit card

- Investor
- Houston, TX
- Posts 99
- Votes 56