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All Forum Posts by: Steven McPherson

Steven McPherson has started 34 posts and replied 75 times.

Simple question: In forum threads, when replying to someone, how do you mention their name to where it provides the hyperlink (or whatever you call it)?

Post: Oil Rights

Steven McPhersonPosted
  • Fort Worth, TX
  • Posts 76
  • Votes 13
The seller is smart. You never ever want to give up your mineral rights. I was raised in Midland, TX as well, and mineral rights have made a lot of people out there wealthy.

Post: Can I wholesale without an attorney (for now)?

Steven McPhersonPosted
  • Fort Worth, TX
  • Posts 76
  • Votes 13
I don't have much money to start off with so I can't afford legal fees right now. Is it safe to start wholesaling without the counsel of an attorney right now? Please know that I do plan to find an attorney in the future.

Post: Who here has started from scratch?

Steven McPhersonPosted
  • Fort Worth, TX
  • Posts 76
  • Votes 13

Just a question for other BP members: who all on this board have started their RE business from nothing?  That means you had no money and no personal savings to put in to marketing, down payments, etc.

Follow-up question.  If you were in this situation, how did you specifically start out?

I posted in the Fort Worth local board, but I thought I would do it here as well...

I am about to pursue my RE license. I am trying to learn about everything I can before I start the process. Are there any licensed agents on this board that are also investors? Do you have any suggestions for local brokers who I should look at getting sponsored by?

My concerns are:

  • Will they be ok with me wholesaling and eventually flipping while being my sponsor?
  • What fees would I be required to pay?
  • If I go a for a prolonged period of time without any deals, will I still be required to pay fees? I don't want my bank account being drained since I'm on a tight budget as it is.

Any information or advice would be appreciated.

I live in Crowley and am about to pursue my RE license.  I am trying to learn about everything I can before I start the process.  Are there any licensed agents on this board that are also investors?  Do you have any suggestions for local brokers who I should look at getting sponsored by?

My concerns are: 

  • Will they be ok with me wholesaling and eventually flipping while being my sponsor?
  • What fees would I be required to pay?
  • If I go a for a prolonged period of time without any deals, will I still be required to pay fees?  I don't want my bank account being drained since I'm on a tight budget as it is.

Any information or advice would be appreciated.

Post: When to put out bandit signs

Steven McPhersonPosted
  • Fort Worth, TX
  • Posts 76
  • Votes 13

What time of the day do you put out your bandit signs?  I'm just wanting a general idea of what others do.

Post: Investor-friendly attorneys

Steven McPhersonPosted
  • Fort Worth, TX
  • Posts 76
  • Votes 13

Does anybody have recommendations for investor-friendly attorneys in the area?

Post: General Contractors in Fort Worth

Steven McPhersonPosted
  • Fort Worth, TX
  • Posts 76
  • Votes 13

I would like to know this as well.