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All Forum Posts by: Michael Lee

Michael Lee has started 9 posts and replied 2335 times.

Post: Young professional trying to figure out where to start ?

Michael LeePosted
  • Investor
  • Coppell, TX
  • Posts 2,478
  • Votes 646
Originally posted by @Andy Wu:

Age: 25

Location: Atlanta, GA

Education: BBA-Finance (Georgia State University Class 2013)

Career Background: Currently working as a Sr. Analyst for a Real Estate Private Equity Firm. Prior to my current position, I worked (4yrs @ Siemens) in various areas of Corp Finance, Operations and Project Management.

I would like to start investing in real estate and build me wealth & passive income. Like most of young professionals, I've been paying off student loan and maxing out my 401k & IRA account, really don't have much cash sitting around. However, I can possibly wait another year or so to stack up my cash. But I would like to get into it now, is there a way I can start investing in real estate with little cash or no cash at all?

 Hello and welcome!  You can get along with an owner financed deal. Just be open and honest about your situation.  Otherwise, you will have to save more.  I am 59 years old and I was born and raised in Dallas.  I have been in the construction business since I was 17.  I graduated from college and got my broker license in1980.  If you think I could be any help to you, please do not hesitate to contact me.  Good luck!

Post: Realtor/Investor/Architect from DFW

Michael LeePosted
  • Investor
  • Coppell, TX
  • Posts 2,478
  • Votes 646
Originally posted by @Nan Li:

Hello!

I am an Architect and Realtor registered in Texas. I have been living in DFW area since 2004. I am very excited to know about the platform of BP and want to be connected! I did a few flips and rentals myself. I am now a full-time Realtor working with investors. I know North Dallas, Plano, North Carrollton very well. 

My ultimate dream is to do design-builds, that are innovative and well respond to people's need...

Looking forward to know you! 

 Hello and welcome!  I am from and grew up in Dallas.  I graduated from North Texas and got my broker license in 1980.  I have been in the construction business since I was 17.  If you think I can be any help to you please contact me anytime.  Good luck!

Post: Looking to catch the REI Bug

Michael LeePosted
  • Investor
  • Coppell, TX
  • Posts 2,478
  • Votes 646
Originally posted by @Chris H.:

Looking to gain knowledge, contacts, and learn about real estate investment and local opportunities.

 Hello and welcome!  I am 59 years old and I found BP about 3 months ago.  I am learning mostly about Tax Lien Certificates and Deeds.  I went and graduated from North Texas State and got a broker license in 1980.  I have been in the construction business since I was 17.  I was born and raised in Dallas, Texas.  If you think I could help you please contact me any time.  Good luck!

Post: Investor and Private Lender, Plano, Texas

Michael LeePosted
  • Investor
  • Coppell, TX
  • Posts 2,478
  • Votes 646
Originally posted by @Diane Klaas:

We love what we do and being able to help others grow.  We have met so many super people through our experiences and our network now reaches across the US.  We are blessed indeed.   Our free time is spent with family, church and riding our motorcycles.  Our roles within the company are to always look for properties and partners. Our primary market is the Southwest, generally within a 5 hour radius of the DFW area.  We primarily work in the Single Family Residential market but are expanding out now to Senior Communities and Multi-Family markets. 

 Hello and welcome!  I  live in Coppell and was born raised in Dallas.   I am 59 years old and wanted to get into on a part time basis.  I graduated from North Texas in Denton and got a broker license in 1980.  I have been in the construction business since I was 17.  If you think I can be any help to you please contact me.  I have been studying for 3 months at BP.  Good luck at whatever you do.

Post: Investor from Dallas, Texas

Michael LeePosted
  • Investor
  • Coppell, TX
  • Posts 2,478
  • Votes 646
Originally posted by @George Morwood:

I live in the Dallas area.  I'm getting back into residential investing by Wholesaling and started my mailout campaign last week.

The last two decades I’ve been working for a private group investing and managing small shopping centers in Texas.

In my younger days, I invested and rehabbed multifamily properties in Fort Worth. 

I've been listening and reading a lot of information from the Bigger Pockets website.

Looking forward to a great 2016!

Hello an welcome!  I was born and raised in Dallas.  I now live in Coppell, which is in northwest Dallas county.  I am 59 years old and recovering slowly from a stroke and brain Ann risk.  My brain is in good condition and I started learning from BP about 3 months ago.  I have been in the construction business since I was 17.  I graduated and had a broker lic nose sine 1980.  If you think I can help you with anything do not hesitate to contact me.  Good luck!  

Post: New member intro

Michael LeePosted
  • Investor
  • Coppell, TX
  • Posts 2,478
  • Votes 646
Originally posted by @Milton Salinas:

Hello BP, I'm an it pro looking to move out to Real estate ft. I'm currently building a spec home that I'll be keeping, as my current residence sold quicker than expected. I'm looking to do spec houses fourplex const full time with some rehabbing flipping sprinkled in. I look forward to learning and making some great connections.

-Milton

Hello and welcome!  I am 59 years old and I am from Dallas Texas.  I graduated from college and got my broker license in 1980.  I have been in the construction business since I was 17.  If you think I could help you don't hesitate to contact me.  Good luck!

Post: Texas ongoing bad weather

Michael LeePosted
  • Investor
  • Coppell, TX
  • Posts 2,478
  • Votes 646
Originally posted by @Hersh M.:

Floods, flash floods and tornado warnings in most parts of Texas seem to be all over the weather news currently. Looks like its all over including Dallas, Austin, Houston, San Antonio. Hopefully things get better from here. 

My question to experienced investors is do these events affect your criteria for selecting locations in any way for your future investments? Will there be revised flood maps? Any other things to look into in regards to such weather events?

Also do the insurance rates go up after this or such events are not so uncommon?

Thanks. 

 Hello and welcome!  I am 59 years old and grew up in Dallas, Texas.  This is typical for what you expect for Texas.  I graduated from college and got my broker license in 1980.  I have been in the construction busieness since I was 17.  If you think I can help you with any matter just contact me.  Good luck!

Post: Never.

Michael LeePosted
  • Investor
  • Coppell, TX
  • Posts 2,478
  • Votes 646
Originally posted by @Jay Walcott:

What's going on to the new members.   This site is a platform to gain knowledge into the world of real estate investing, and is very resourceful.   If you're new to the game, let me be the first one to tell you that it is easy WITH, the right state of mind.   There will always, no matter what business you conduct, there will always be somebody doubting your efforts.   Those same efforts inspired by ambition.   Ambition will always out way negative energy.   Simple formula, but the mindframe HAS to STAY positive.   Investing period will always have risks, just like any decision ever made.   Your goal is to pick the risk that's beneficial to you, or your business.   But you must be fair.   Understand, once again, nothing will be easy without being in the right mind frame, let investing period become SECOND NATURE.   Learn as much as you can, with actual efforts that will last a lifetime.   There are people here to on this site that are very helpful, knowledgeable, encouraging, that actually want to see you win, but with balance, there's also people on here that are negative.   You'll know and see by responses or comments, that they will never be worth it, and show them by NOT WASTING your time with a reply.  Being in the right mindframe doesn't allow, negativity.   Above all, ask questions.   Ask as many questions as you can, if it's a stupid question, ask anyway.   If it's a bad question, ask anyway, if it's a good question, ask questions.   Questions are meant to gain knowledge on something, you know about, but aren't KNOWLEDGEABLE about it.  Let this introduction to this site inspire you to handle and do business differently than others.  I challenge you to become the best real estate investor, real estate agent, broker, that you can become.   And once again, NEVER LET SOMEBODY CONTROL YOUR POSITIVE MINDFRAME.  - Ja

Hello and welcome!  I found BP about 3 months ago.  I am 59 years old and am thinking about getting into investing,  I graduated from college and got my broker license in 1980.  I grew up in Dallas, Texas.  I have been in the construction business since I was 17.  If you think I could help you please just ask and I would be happy to tell you what you need help on.  Good luck!

Post: New Member

Michael LeePosted
  • Investor
  • Coppell, TX
  • Posts 2,478
  • Votes 646
Originally posted by @Jasmine Vigo:

Hello, just getting started. I know I can be successful in real estate but I'm having trouble finding the area of interest. 

 Hello and welcome,  I would just recommend that you work in a hot area.  I am 59 years old and started trading about 3months ago.  I am from Dallas, Texas and have been in the contruction since I was 17.  I graduated from college and I got a broker license in 1980. Just work the numbers and you will be fine.  If you do think I can help you with anything just contact me through BP.  Good luck!

Post: New to this business

Michael LeePosted
  • Investor
  • Coppell, TX
  • Posts 2,478
  • Votes 646
Originally posted by @Elston McCoy:

I would really like to hear from someone who has been successful in wholesaling in Colorado Springs.

 Hello and welcome!  I am 59 years old and I am still learning with BP.  I found them about 3 months ago.  I graduated from college and got my broker license in. 1980.  I have been in the construction business since I was 17.  If you think I could help you please do not hesitate to call  me any time.  Good luck!