All Forum Posts by: Rick Pozos

Ask the neighbors all up and down the block and see if anyone knows where they moved.

Use a skip tracer to find them.

Send a letter to that address and see if it gets forwarded(or just ask the postman).

Leave a note on the door with your information that you are interested in the house.

You had mentioned that you have looked at REOs, but have you tried to find the properties before they go to the auction?? Mortgage pre-foreclosures and tax pre-foreclosures might be something to look into.

Have you told everyone that you know, friends and relatives in the area, that you are looking to buy a home from somebody that is behind on their mortgage or taxes or who inherited a home that they dont want?? There is not one way to find properties. I do the above and also send out about 1000 postcards per month. It takes time to get things rolling. Your first deal might not come for several months unless you are paying $1000s for marketing every month.

I also have "I buy houses" as my employment on my personal facebook page(rick pozos). I have a facebook page that gives information to help people keep their house("Help me keep my house" if you want to look it up).  And I have a business facebook page "Bellizzima Investments" to network with other real estate investors. You never know when someone will want to wholesale a good deal to you. 

Did I mention Linkedin?? I also host a meetup group here in San Antonio.  All of this gets me at least one deal a month. Sometimes two or three.  Stay busy and consistant. It will happen, it just takes time.

Calling all of San Antonio investors. Informal meetup this week. Bring your questions, problems and the group will try to help you answer them.

Come eat and network at 6pm, meeting starts at 7pm. We will be way at the back.

Any questions, call rick pozos 210.639.0600

Once you roll over, you can purchase homes to rehab, rent, lend money to other investors, buy notes, and lots of other things in your sdira. 

expenses seems a bit low. Water for 10units is only 150?? And electricity also is 150 per month?? Insurance can not be 275 for 10 units. Maintenance, utilities, etc. usually run about 50 to 60% of income on 10 units.

If these are C units or in a C area, exp are going to be even higher. 

Yes, great meeting you too. Hope to see you and a bunch more BPers Wednesday here in San Antonio to chat about what everyone is doing or wants to do. 

PS Nothing is being sold at this meeting, leave your checkbook at home. Just networking.

Sorry for the late notice, but the meeting will be moved from the first Wednesday to the Second Wednesday of the month. Same place and time, Luby's on Fredricksburg Rd, 6pm to eat and network, 7pm for the meeting. All experience levels welcome. See you on October 14th, 2015.

Round table discussion of whatever problems or issues that you are having.  Hopefully we can all help each other to become better investors.

There is already a group meeting on the first Wednesday of the month. So the Real Estate Group of San Antonio will be meeting the SECOND Wednesday of the month at Luby's on Fredricksburg Rd. at 6pm if you want to eat and network, 7pm for the meeting. All levels of knowledge invited. Call me with any questions.

There are a bunch of us in San Antonio. @Gene Livingston did you have a question about San Antonio?? I rehab, wholesale and have a few rentals here if you needed to know something specific about SA. Call me if you need something.

On the topic of Quest IRA, they have great classes and networking events. You can use your own funds to purchase, but also I have used owners of IRAs with Quest IRA to help me with rehabs in the past. Even the President of the company and his father lent me money for a rehab. Good size company, small town feel, very knowledgeable people and based in Houston. They will probably be at one of the RICH (real estate investment club of Houston) meetings