All Forum Posts by: Kevin Wood

Hey @Gearold White

I'm actually doing a presentation on this tomorrow for the Houston market (see BP Events). As others have said in the thread you are better off getting the property in your name and getting better financing. If you have a W2 income you can have up to 10 Fannie Mae loans. If you are married you could have 20. Hard money can be good if you are doing a quick rehab. You just need to find a lender with a short seasoning period. I own my own property management business and invest in real estate so I can't really use the BRRRR method, but it's great if you have a full time job!

@Duman Umanzor we host a meetup and our next one is tomorrow (online). Let us know what you are looking for.

@Priscilla Rodriguez I'm in Houston shoot me a message and let me know what you are trying to accomplish.

@Pedro Jean I manage about 200 doors in Houston area. We ultimately allow our owners decide, but recommend that non-violent felonies are ok. Also never accept anyone that is a registered sex offender. Check your properties as well on the registry to ensure no one is illegally living there that is a sex offender. Learned that lesson the hard way.

New investors always ask how to get started in real estate with little to no money. Most of you are probably familiar with one of the most popular investing strategies you can find on BiggerPockets: BRRRR (buy, rehab, rent, refinance, repeat). It's a great way to get started with limited capital and get the "snowball" rolling. Join us and learn how we've used this method!

https://us02web.zoom.us/j/86276835766 to Join

If you click networking events above I'm in Houston. You can also search my company name on Facebook. Last you can look at my posts on my bigger pockets account. Mods don't like direct links unfortunately unless in the appropriate forum.

Hi @Marcello Mack. I just posted this on another thread:

I invest in Houston and also manage for many other owners. Houston has many sub-markets with different strategies. If your goal is generating long term wealth then you need to buy and hold property. In terms of learning about the different markets it's simple but it takes time. Here are things you can do right now:

• -Add the Houston Business Journal to a reading app on your phone. Check headlines daily and read the articles that have development/economic impact. See where the path of progress is going.
• -Attend meetups (I have one online tonight) to network and learn what folks are doing
• -Select a zip code or two and set up an alert on the website of your choice. Start analyzing 3 bed 2 bath houses in that zip code and learn what a good deal is in today's market in your target zip.

If you do the hard work up front then you get better deals that will pay you for decades.

@Ryan Kindel I invest in Houston and also manage for many other owners. Houston has many sub-markets with different strategies. If your goal is generating long term wealth then you need to buy and hold property. In terms of learning about the different markets it's simple but it takes time. Here are things you can do right now:

• -Add the Houston Business Journal to a reading app on your phone. Check headlines daily and read the articles that have development/economic impact. See where the path of progress is going.
• -Attend meetups (I have one online tonight) to network and learn what folks are doing
• -Select a zip code or two and set up an alert on the website of your choice. Start analyzing 3 bed 2 bath houses in that zip code and learn what a good deal is in today's market in your target zip.

If you do the hard work up front then you get better deals that will pay you for decades.

I hope we see everyone out there. We go over the nuts and bolts on how we look at deals. 

https://us02web.zoom.us/j/8691...

We hope to see you there!

@Antonio Marquez Felder you rarely are buying distressed homes and more focused on finding distressed sellers. The deals come from solving someone else's problem (they need to get out of the house very fast). You can pull distressed lists of various types (foreclosure, unpaid prop taxes, divorce, death, etc.) from sites such as listsource.