All Forum Posts by: Ryan Siegert

Hi Ronnie,

Is this property still for sale?

Cheers,

Ryan

Hi Charles,

Did you ever get in touch with anyone about purchasing condo's in College Station? I see you are in the Hearne area. My mom lives in Hearne off Camp Arrowmoon Road. I would be happy to help if you are still looking. 

Cheers,

Ryan

Hi Amy,

I am a broker who grew up in Bryan/College Station. I went to A&M Consolidated High School and Texas A&M University class of '03. I am watching the market for multifamily homes and there are currently a few options to consider. I would be happy to email you what is currently available and set you up to receive updates as other properties come online.  I just need an email address to send the information to.

Cheers,

Ryan

@Nestor Soto I have not gone all the way through with a hard money loan, but from the little research I have done, the hard money lender wants you to have a deal on paper before you come to them. They want real numbers to work with instead of "what-ifs" since they are an asset based lender. Your credit score does not matter so much. The transaction is more heavily based on the numbers in the contract in relation to your ARV.

Yes, if I were in your position, I would just be honest and tell them exactly what you are looking for and see if their system is a fit for you. Let the broker know you will need assistance with your first few transactions, and you are curious how the oversight/file submission process will play out. 

Hey Ben, 

I am new to BiggerPockets, but would like to share my 2 cents with you. I have been a Broker for 9 years here in Texas and from my experience the most important part of that question is what Bryan Hedges pointed out, "It's all about what the Broker will do for you." 

For Instance, when I was a new agent I signed on with a large firm that had a 50/50 split. That was pretty much the going rate back then for new agents. As you close deals and your production rises your split gets better and better. Today you have a few more options available with all the different types of offices. IMHO your decision should come down to if you want to pay for the services your broker provides with your commission split. A large firm i.e. Coldwell Banker, Century 21, Kellar Williams, etc. will hold your hand and guide your through your first deals. They will provide new agent training, oversight, contacts, networking, environment, processes, and resources that you will not get from your smaller firm. 

If you have built-in deals in your back pocket (family, friends or your sphere of influence are about to buy an expensive house) and they will use you as their agent no matter what, then I would suggest you consider a transaction fee style broker. If not, I feel as though you may want a little more from your broker to help you get into "The Game." It's worth it when your broker is giving you leads in conjunction with a hands-on education allowing you to get your feet wet. When you start bringing the deals on your own, that's when I would start re-thinking your sponsorship. 

I hope this helps give you a little light. If you have more questions please let me know. Good luck in your search and endeavors. 

Cheers,

Hey Cody,

I am from Bryan/College Station, class of '03, Gig'em. I currently live in the Lakeway area and I am new to Bigger Pockets as well. I am a real estate broker so I enjoy chatting about real estate all the time. I am also currently looking for deals in College Station and the Austin areas. Let me know if you would like to chit chat about it. 

Cheers,

Ryan