Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Houston Real Estate Forum
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 6 years ago on . Most recent reply

User Stats

51
Posts
18
Votes
Ayman Elmasik
  • Investor
  • Houston, TX
18
Votes |
51
Posts

Frustrated - next step REI Investement Houston

Ayman Elmasik
  • Investor
  • Houston, TX
Posted

Hello,

i started in 2016 in REI in Houston while holding my full time job.

I did four flips two of them where from wholeseller (I am still holding one of them two years later because it would not nsell even at loss) , the other two were very successful  (I got them through my PPC) campaign.

now i am at the point where I am not getting quality deals through my PPC nor through any wholeseller deals I see, may be because it is very comparative here in Houston and people are selling to take thin deals.Hi 

The question to those who make 3-4 deals/month

should I start making thin deals assuming that with volume it will make up or just keep waiting on those "good deals" that seem to never show up

I am also looking for a mentor who can help me take my business to be a steady one.

Thanks

Most Popular Reply

User Stats

117
Posts
34
Votes
Michael Pittman
  • Real Estate Agent
  • Houston, TX
34
Votes |
117
Posts
Michael Pittman
  • Real Estate Agent
  • Houston, TX
Replied

I kinda have a different take on it. People take thinner and thinner deals based off of emotions. And that’s playing with fire. One miscalculation can cause another flip project to turn into a buy and hold very quickly.
Maybe do some wholesaling or construction work to build some working capital. Or work with an agent to help you find something. Mine a different territory. Change of the business model. Just get creative but remember numbers are numbers. No one is forcing you to make any moves if you don’t feel comfortable.

Loading replies...