All Forum Posts by: Adam Yetter

forclosurehouston.com is what I finally came upon. In case anyone else was looking too.

Great. Thanks. Anyone know of something similar in TX?

@Darron Washington what software would that be?

I’m downloading a copy of the forclosure notice of trustee sales when they get updated on my County clerk’s website.

I’m looking for a service or website that scrapes all the relevant data (date of deed, original loan amount, address etc) from forclosure notices when they’re published in my area, and then turns that data into a 1 page “cheat sheet” for each property. Can anyone point me in the right direction? Thanks.

@Hai Loc That’s very helpful, thanks for offering your take.

A colleague of mine and I are considering entering into an equity partnership. The strategy will be fix-and-hold single family homes. Colleague provides the cash, I provide the rest (deal analysis, negotiations, closing, repair planning and execution, management etc)

What I’m curious to get the opinion of BP on is what’s a reasonable way to structure the split of profits? I think including a preferred return into the operating agreement so as to cash out my colleague first if/when the property eventually sells seems good. We intend to hold these properties for at least 5 years, potentially 10-15. 

Howdy. I’m a native Houstonian, and have been self-employed (direct sales) since 2010. 

I have a very close personal friend of mine who’s offering me an opportunity to work with a close personal friend of his who recently inherited an eight figure sum of cash and wants/needs to put it to work. 

It may make for a somewhat idiosyncratic entry into RE investing, but it’s why I’m here. I’ve been interested in RE investing for several years, as I’ve found that I’m good at digging up opportunities and closing, and I enjoy crunching numbers and analyzing problems.

I’m interested in meeting people who have set up private money / private equity deals in the past, especially if it involved single-family residential buy-and-hold strategy.

I’m also looking at pulling the trigger on the local Lifestyles Unlimited seminar, because I have a lot to learn, and also because I want access to what Lifestyles considers “best practices” in what will be my market.

I’m happy to hear all sides of any idea and my hobbies include playing devil’s advocate and drumming at my local church.