All Forum Posts by: Rich Nickel

I'm reading through this post and seeing all the suggestions.   How the market place is not utilized correctly by those posting property for sale etc.   So my question.

Can you post examples of a properly marketed home or property for sale and what makes the chosen marketing correct or effective.

Looking forward to your replies

Rich

That jungle was mural!  Thats an awesome piece.  I can't believe you didn't see the value in keeping it.

Rich

What kind of loan programs are you using for off shore investors?  I have a few different investors that have asked specifically for a non-recourse loan product.  Looking to see what the BiggerPockets community has to say about this.  

Curious how you are structuring these kind of deals?

To Your Success

Rich

Kevin

Welcome to Bigger Pockets.   Do you have banking relationships established here in Houston?  

Curious when you are looking to start purchasing in Houston. I came across a deal this week. 135k ARV, rents $1350. Purchase price of 100k and repairs of 10k. Would have been perfect for you.

To your success

Rich

Steve.  Congrats on getting paid!  

Do you have a price range and area in mind?

Are you set on paying all cash?

To your success!

Rich

Austin,  your plan is solid.  No time like the present to get started.  What steps have you taken so far?   I suggest getting preapproved through an investor friendly lender.  Next identify the area you are interested in investing.  Then its time to find the deal. 

To your success!

Rich

Assuming you want to stay in SFR. I would say going with a portfolio loan and keep growing. From my point of view owning 30 homes at a bit higher interest rate is better then moving to all cash buying, or waiting to buy till you have houses paid off and staying at 10 houses for a while.

Sounds like you have enough equity to move up to multifamily.  But that doesn't mean it meets your investing criteria.

Let us know how you proceed.

Congrats on winning!

Rich

Give Noble Mortgage a call.  They are solid, strong track record.  They can help you with funding your flip.

To your success!

#flippinrich

Rich

are you looking for larger multifamily properties as well.  Say 27 units?

@Nelzon Ruiz

Tuesday Nights from 7pm to 10pm at the Wakefield Crowbar 954 Wakefield Dr. Houston, Texas 77018.  Great group of people, private money lenders and investors.  

Look it up.

Rich