All Forum Posts by: Tanya Lechner

I've always been impressed by your drive and ability to take action when it's the right time!! You will go far in this big world of investing! Congrats @Alex Kamunyo 

Looking forward to learning more from you this year!

Sweet, Joey's has great pizza :) Thanks for posting on BP - anyone thinking about going to a meetup in San Antonio, Seth's is on the top of my list for sure!!

Hi Josh, @Account Closed has a great point about zip codes. San Antonio is massive and certain areas move slower than others. Some other factors that play into the vacancy rate are the price per month and size of the unit. All rentals we own were rented by long term renters before we closed on the properties so I haven't had any experience with long vacant periods.

Also curious what DoN stands for!

Great intro, JD and welcome!! Good luck on your certification and as soon as you have W2 income, you should definitely buy a multifamily (if you don't already have a primary home). That's one of my biggest regrets looking back when I bought my first house - that I didn't get at least a duplex!

I also graduated from Texas State!! Eat 'em up Cats :)

 HAHA more cases than not!!

@Josh Perez Are you looking for the term "motivated seller" on the mls listing? You can set up a search with your realtor to get that started or do one yourself using keywords on Zillow. Doug has a point that any seller can become motivated over time, however, it doesn't hurt to start with the low hanging fruit when "motivated sellers" are used as a marketing tool on certain listings. Usually listings on the MLS longer than 60 days result in motivated sellers so you could work out a deal with a listing agent in some of those cases.

Welcome to BP Eric! You'll be thanking your brother because this is the best place to get education and network with fellow investors. Start touring some properties and get an idea for what part of San Antonio you'd like to invest. It's hard to go wrong at the rate the city is growing!! Build relationships with lenders so you are ready to refinance when the time comes! Enjoy the ride :)

Congratulations @Alex Kamunyo!! It was a much deserved deal and I'm happy you were patient until the end (even when it was difficult)! Hard to believe we found this bad boy on the MLS but they do exist with a little creativity! It was a learning experience for both you and I which I am always grateful for :)

PS. The floors and cabinets look amazing, can you come do my house next!? 

Hey @Darionn James-Trigg - going to a meetup is a great first step to taking action! What is the group you signed up for? Michael was right about some of the REIAs that charge, but there are others that also charge (for example Alamo REIA) that are actually good!

You will not need anything but yourself and people will understand that you don't have a business started yet. Just worry about meeting people and getting your name out there and the rest will come! Get cards from others and *Follow UP* it is the easiest yet most forgotten thing to do. It's all about building your network at first which can sometimes take 6 months in itself. There are also a lot of great people on this forum who are happy to help (even from San Antonio!) but meeting in person makes a big difference. Hope to see you at one of the events soon!!

Welcome to BP @Abel Lopez!

Taking action is the best next step since you've already been listening to the podcasts and getting involved in the forums (it's also the hardest :) Since you have a good job, find out how much you can qualify for and go from there!

Meeting people in person will help - that's where the meetups come in handy! Alamo REIA and SAREIA are great, plus there are free ones on meetup.com

Good luck and have fun with it!!