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All Forum Posts by: Matthew Rolf

Matthew Rolf has started 14 posts and replied 330 times.

Post: Houston area Contractors for Investors

Matthew RolfPosted
  • Real Estate Agent
  • Orlando FL
  • Posts 341
  • Votes 170

@Cortney Arenstein I am happy to share with you a few contractors that I think could help you out for exactly what you are looking for. Feel free to message me if you're still looking.

Post: Creative Financing Options

Matthew RolfPosted
  • Real Estate Agent
  • Orlando FL
  • Posts 341
  • Votes 170

@Angela Lee of course!

Post: Creative Financing Options

Matthew RolfPosted
  • Real Estate Agent
  • Orlando FL
  • Posts 341
  • Votes 170

Hey Angela...yeah not having steady work history can be a pain sometimes.  Michael's first post above is basically spot on.  When seller financing is advertised with the listing, it will most likely be overpriced.  If you are still looking for help, I can definitely try to see if there's something out there than makes sense for your situation.

Post: Townhome/ Condo investing in Houston

Matthew RolfPosted
  • Real Estate Agent
  • Orlando FL
  • Posts 341
  • Votes 170

@David June when calculating debt to income, have you been factoring in monthly charged maintenance fees?  $200-300/month is not uncommon.

For me, other than that maintenance fee number (and its history of being level vs steadily increasing), the rental rules would be the other main factor.  You could possibly traditional house hack or AirBnB house hack a room or 2 depending on the size of place you got.

Post: Houston - The Woodlands, investing in rentals

Matthew RolfPosted
  • Real Estate Agent
  • Orlando FL
  • Posts 341
  • Votes 170

@Uri E. you're right, TX property taxes stink.  Lower home prices in nice areas + friendly landlord laws are some of the things that attract people to TX still.

Also, I see you're listed as from Carmel...I LOVE that town.  So many good memories.

Post: Plumber in Houston (Katy)

Matthew RolfPosted
  • Real Estate Agent
  • Orlando FL
  • Posts 341
  • Votes 170

@Shawn Harvey I went into this saying I was only going to buy and hold...but to fund a few deals this year, I think I am also going to try to flip.  I have all the people in place...just need to find a deal now.  How about yourself?

Post: Areas to invest in Houston

Matthew RolfPosted
  • Real Estate Agent
  • Orlando FL
  • Posts 341
  • Votes 170

@Brian Schroeder in general, with lower priced homes for residential buyers being ultra competitive, deals are getting harder and harder to find. I'm out in Katy and with patience, you can still find BRRRR opportunities out here.

Post: Hello! First-time buyer looking for some guidance

Matthew RolfPosted
  • Real Estate Agent
  • Orlando FL
  • Posts 341
  • Votes 170

@Shai Flax I guess "early" is subjective, but 3rd and 5th wards are the two areas I was looking at when I was looking down there.

Post: Ownership History Search

Matthew RolfPosted
  • Real Estate Agent
  • Orlando FL
  • Posts 341
  • Votes 170

@Richard Tubbs I live in TX now but am originally from MI.  I think its through the treasury office.  Hopefully this link works.

https://guestpay.divdatkioskne...

Post: Go it alone or join a team?

Matthew RolfPosted
  • Real Estate Agent
  • Orlando FL
  • Posts 341
  • Votes 170

@Ted Sornson I'm sure some will disagree, but my first thought is that's a good deal for you especially if you are a brand new agent and also haven't invested on your own yet.

Some things to make sure you clarify...Is there a period of time the non compete lasts after you end actively working within the partnership?  Are you able to market the homes to get more lease leads and / or would you be the listing agent if they decided to sell some homes?  Would you be able to build your own portfolio if you stayed in certain zip codes they didn't work within?  Would they be willing to change the agreement % if you were performing for the team at a high level (with certain objective targets in place)?