All Forum Posts by: Morgan Gutierrez
Morgan Gutierrez has started 25 posts and replied 128 times.
Post: New Member Intro
- Wholesaler
- Texas, USA
- Posts 139
- Votes 40
Madeline, Welcome!!
I'm curious, as an agent and a STR owner, do you manage STR for others as well, or is that something you have thought about adding to your repertoire?
Post: New Member (Roseville, CA)
- Wholesaler
- Texas, USA
- Posts 139
- Votes 40
Hey Tino! Welcome to BP and congrats on finally listening to your friend! Also, thank you for your service to our country!
Texas is a great market and landlord friendly state! If you are interested in house hacking you could use the VA loan and get your first property with 0% down and have infinite returns!
Forth Worth is a fantastic market! Lots of growth, need for rentals, and the DFW area has been trending he best in Texas over the past year.
Happy to connect with you and help in any way I can!
Post: New Investor in Louisville, KY
- Wholesaler
- Texas, USA
- Posts 139
- Votes 40
Welcome to BP! Congrats on starting your journey! If you would like to flip and rent, I suggest checking out @David Greene BRRRR book! It combines the two strategies in a way that can really help you scale and grow!
Wishing you the best of luck on your journey and happy to help in any way I can!
Post: First flipper, Auctions and foreclosures.
- Wholesaler
- Texas, USA
- Posts 139
- Votes 40
I recommend reading the book " Tips, Tricks, Foreclosures, and Flips of a millionaire real estate investor" There is great insight about buying from an auction.
You can do marketing yourself (which could take a lot of time and be expensive), use an investor friendly realtor, and/or work with a wholesaler to find fixer uppers!
Post: Lessons Learned: Direct to Seller Marketing
- Wholesaler
- Texas, USA
- Posts 139
- Votes 40
Thank you for sharing!
Post: Real side of Real Estate
- Wholesaler
- Texas, USA
- Posts 139
- Votes 40
Quote from @Joval Mathai:
Quote from @Morgan Gutierrez:
I'd recommend start looking at different deals. Find a market you want to invest in and get on some list. Start analyzing the properties. When a property comes your way that is a good fit for your criteria wether you decide to flip it or hold it, then take action. While doing this, network with lenders and people who use the strategies you are considering. Also, listen to podcasts and read books. The real teacher is experience, but having the theoretical knowledge to apply is better than figuring it all out as you go.
I would not try and start with building from the ground up....
That's exactly was my take from these comments, thank you @Morgan Gutierrez have a wonderful year ahead.
You too! Look forward to hearing more about your journey!
Post: New to REI
- Wholesaler
- Texas, USA
- Posts 139
- Votes 40
I am in Houston as well! Tons of opportunity for flips or rentals! Happy to connect!
Post: How do you valuate a lot/piece of land for wholesaling?
- Wholesaler
- Texas, USA
- Posts 139
- Votes 40
Are the only people that would buy these lots people that would want to build their own custom lot? That will probably be a lot harder to find a buyer for because you are looking for such a specific type of person. If your seller is in FC they will not have time for MLS buyer.
I would call the realtors for the listed and sold properties and ask about the interest being shown in their properties.
If builders would be interested in developing in the neighborhood, you could reach out to builders and see what they would be willing to purchase the lot at. I hope this helps!
Post: How do you network?
- Wholesaler
- Texas, USA
- Posts 139
- Votes 40
You can network virtually, like this.
Tax/Foreclosure auctions can be a good place to network too.
I go with a plan. What do I have to offer? What am I looking for? Sometimes this can be hard if you haven't gone to a meetup before and are not sure what to expect from it. If that is the case, maybe consider the number of people you want to talk to or relationships you'd like to end the night with.
Hope this helps! Happy to answer any other questions for you! :)
Post: Finding a Wholesaler
- Wholesaler
- Texas, USA
- Posts 139
- Votes 40
Hey LeeAnn,
In addition to what Jake Mentioned...
There are wholesalers on here. You can search by going to the Build Your Team section and put in wholesaler. Look for people who post and are active.
There are tons of facebook groups as well where you can find wholesalers.
I'm happy to answer any questions you may have and see if we could be a good fit :)