All Forum Posts by: Rick Pozos

I would say PASS. You really have to buy investment property from someone who is more than just a little motivated. From the numbers you gave, they are not motivated. There should be an underlying issue that is causing them to sell at a discount or with some terms. If that property had a mortgage that you could take over or if the seller was willing to owner finance with only a few thousand down, I would say, its a deal. But to put down 25%(almost 30k) plus closing costs is way too much cash to put out.

I tell people all the time, "Act like you are broke, but want to get into real estate investing even if you have money"  You have to try to find ways to get into the deal without going the traditional route and spending 35k. 

And yes I do have a group that will meet next WEDNESDAY, February 10th. Come out and network. no fees, no reservations, no class to take for $399.97.

I am a member of SAREIA and will be at the meeting tomorrow. I will not be paying for a seminar over the weekend. Her information is good, but you can get all the same information from another Investor here on BP just by taking him to lunch. He will not have a pretty notebook or folder or fancy materials, but it is just as good investment advice from someone who is rehabbing.

Don't get taken in by the hype. If you do you will be spending hundreds of dollars every weekend on some sort of seminar from all kinds of people.

How long have you been wholesaling and what kind of marketing do you do to find properties??

What price range do you normally find properties?

Great, thank you. 

Hey Stan,

Welcome to BP!! There are so many things to read or listen to that it is overwhelming. I am just finishing listening to ALL of the podcasts. Took over a year for me. That is about 1 every couple of days. They are very informative and keep you motivated.

If there are any questions, dont hesitate to call or text

I have been buying, wholesaling and rehabbing properties for over 10 years. If you are out of state and need someone to check out a property for you, I can do that. I can email a few pictures and give you a quick write up of the property. We can discuss also. I am NOT a licensed inspector, but I know what investors look for in an investment property because I am one. I do this for investors only.

$99.00 for 1-4 units

I am very familiar with San Antonio spending almost 40 of my 47 years here. I have purchased properties in almost all parts of the city and surrounding areas. If you need an unbiased third party to check out a property for you before you spend a bunch of time and money on it, give me a call. You can also check out my profile here on BP.

Rick Pozos

210.639.0600

Hey @Ernest Losoya, 

There is no fee, the only cost is if you eat dinner, which I encourage.

No need to reserve a space. Just come on out and lets talk real estate. Call me if you have any questions or need further info.

@Rachel Trimble would love to see you guys and anyone else who would like to come out and visit. There is no membership, just a bunch of folks talking about real estate in San Antonio.

Great Shiketa. We would love to have you. We always have about 10 to 15 people. All with varying levels of experience.

The date is the 10th NOT the 3rd.

Sorry for the confusion