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All Forum Posts by: Andrew Dao

Andrew Dao has started 3 posts and replied 27 times.

Post: What would you do with 40-50k

Andrew DaoPosted
  • Investor
  • Houston, TX
  • Posts 29
  • Votes 18

@Arthur Fuller II Im still a beginner with a similar bankroll, but I'm in Houston so its a little different for me. My advice to you would be partnerships. Find an experienced investor or several and build a great partnerships. They usually have the money but don't have the time, if you have the time and can hustle then both sides will benefit. They'll make money, you'll make money, but the real value will be in how much you will learn from them. 

Take action first before approaching them. Find a great deal, and bring it to the table and then they'll take you much more seriously. Don't ask for help instead present them with an opportunity. Best of luck to you!

Post: 18 Year Old Wholesale Prospect

Andrew DaoPosted
  • Investor
  • Houston, TX
  • Posts 29
  • Votes 18

@Gabriel Cardenas Im all for education because it is important, but if you're a young, ambitious, driven hustler you can still do well in college and be grinding at real estate simultaneously. If there ends up being too much on your plate then dial it back a little in real estate so you don't sacrifice your education, health etc. I was in architecture school, waiting tables and I flipped a house, didn't sleep for a good 6 months, but got it done. Saw that it was too much for me to handle at the time so I took a step back from real estate, focused on school, graduated and now I'm doing real estate again full time. Push yourself but know your limits.

As far as your question about the buyers, thats the easiest part of wholesaling, find the great deals and the buyers will come to you, literally. However you decide to market whether it be bandit signs or direct mail or whatever, investors will see it, contact you and ask to be put on your buyers list. Good luck and keep hustlin!

Post: Multifamily BRRR Strategy

Andrew DaoPosted
  • Investor
  • Houston, TX
  • Posts 29
  • Votes 18

@Account Closed it's very exciting for me to see an architect become a developer because that is the dream I too am aspiring towards. I studied architecture at UH and decided to go into real estate in order to achieve financial freedom and my dream of designing, building/developing new affordable, sustainable housing. Your plan sounds great! I'd love to connect and discuss as I'm curious to what areas of Houston do you plan to build and what are some of your design ideas?

Post: Beginner Investor in Houston

Andrew DaoPosted
  • Investor
  • Houston, TX
  • Posts 29
  • Votes 18
Michael Sato William E. Ankith Chandra thank you guys for the encouragement and support! Herman Arrivillaga it's good to see you're doing whatever it takes to fund your flip. I was flat broke coming out of college, I used a combination of family loans and hard money. I was able to buy a 3-2 at a great price from an in-law who had a rental and was tired of land lording, that coupled with myself doing a lot of the rehab work, was just enough to make it all work out. Best of luck to you on your flip!

Post: Beginner Investor in Houston

Andrew DaoPosted
  • Investor
  • Houston, TX
  • Posts 29
  • Votes 18

Hello BP!

I studied architecture at the University of Houston and graduated a year and a half ago. After graduating, unlike my peers getting internships into firms, I decided to dive into real estate. Since then I've rehabbed and flipped 4 houses, and done 2 wholesale deals, closing on the latest flip and wholesale deal next week. BP has been my main resource for information and I couldn't be more grateful for this community. I thought it was about time for me to become a more active member and contribute (what I've learned thus far) to BP.

I'd love to network with driven, like minded people who share the same passion for real estate, especially in Houston!

Post: listsource

Andrew DaoPosted
  • Investor
  • Houston, TX
  • Posts 29
  • Votes 18

I figured that was probably the problem. Thank you for your quick response

Post: listsource

Andrew DaoPosted
  • Investor
  • Houston, TX
  • Posts 29
  • Votes 18

@Michael Quarles Thank you for your step by step walk through. I followed all your instructions but when I get to the last step "Purchase list and check on Remove Duplicates" I checked that box all my count drops down to zero.

I tried to go back and build the list over again and now when I get to the Equity% step, it again drops to 0 counts regardless of the values I input. I tried calling listsource and cannot get through.