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Updated about 15 years ago on . Most recent reply

User Stats

122
Posts
126
Votes
Jaremy Moritz
  • Real Estate Investor
  • Houston, TX
126
Votes |
122
Posts

New member but experienced investor in Houston

Jaremy Moritz
  • Real Estate Investor
  • Houston, TX
Posted

Hello,

I've been investing in residential real estate in and around Houston since 2001. I've rehabbed quite a few houses and I've wholesaled a whole bunch more. A friend of mine introduced me to the site and said I should network online, so here I am.

My current business model is strictly wholesaling. Most months I wholesale 5 to 8 deals, ranging from a couple grand profit to 10K+. I've got a few other investors that have hired me to run their leads for them and they pay me a percentage of the wholesale profit at closing or a flat fee if they close on the property themselves. Kind of a sweet deal - negotiate their deals for them and split the money.

Wholesaling, to some people, isn't really "investing" but rather just "marketing". I can see their point, but either way I love what I do.

I hope to meet many new friends and possibly future partners here. Look forward to many great discussions...

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