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All Forum Posts by: Chris Bounds

Chris Bounds has started 78 posts and replied 444 times.

Post: Just Getting Started

Chris BoundsPosted
  • Investor
  • Sugar Land, TX
  • Posts 468
  • Votes 194

Hi Heather, plug into a few of the many REI events in the Houston area. There is practically one every night of the week somewhere.

Post: How to unlock my equity?

Chris BoundsPosted
  • Investor
  • Sugar Land, TX
  • Posts 468
  • Votes 194

After 6 or 12 months you should be able to get it financed. If you have good W2 income then conventional may be the better (cheaper) choice. Otherwise contact local portfolio / commercial lenders. Commercial lenders may not care as much about the seasoning depending on your financial condition.

As a side note, if you want access to your cash it's best not to use cash for purchases. Use HM, private, or commercial lenders that can close quickly. It will cost you more, but it frees up your cash for other deals. You can always refinance out to a long-term loan - especially if you have good W2 income. Search on BP the BRRRR strategy.

Post: Real Estate Acquisition Agent - Make $3k+ per Deal - Houston, TX

Chris BoundsPosted
  • Investor
  • Sugar Land, TX
  • Posts 468
  • Votes 194

Thanks. We'll review.

Post: Real Estate Acquisition Agent - Make $3k+ per Deal - Houston, TX

Chris BoundsPosted
  • Investor
  • Sugar Land, TX
  • Posts 468
  • Votes 194

Description

Texas Ideal Properties is seeking a highly motivated, energetic, and self-driven acquisition / sales agent who enjoys working in a fast-paced environment to join our team.

This person will be tasked to CLOSE DEALS! By closing deals they will be providing lifeblood to the company. Their income will only be limited by their desire to develop and succeed.

Teamwork, personal responsibility, and a passion to make it happen each day are critical for this role.

Click this link to apply: Apply Here

About The Company

Texas Ideal Properties is an experienced and growing real estate investment company. We provide simple and convenient solutions to property owners in the Houston area. Professional and friendly service is our priority.

We buy houses in Houston and the surrounding area. In 2015 we bought 11 houses. This year we expect to buy as many as 30 total. We are growing quickly and are seeking high-quality people that would like to join and add value to our team.

After reviewing the entire job description, interested candidates should submit their resume with cover letter detailing why they would excel at this position. Applications without a cover letter will not be considered.

The successful candidate’s responsibilities will include:

  • Close deals by developing relationships with sellers and providing win-win solutions
  • Answer inbound lead calls
  • Prospecting for leads
  • Use our CRM to track and follow up with leads
  • Collaborate with our operational and sales team
  • Weekly reporting to the Executive Team

Requirements

  • Close deals by developing relationships with sellers and providing win-win solutions
  • Answer inbound lead calls
  • Prospecting for leads
  • Use our CRM to track and follow up with leads
  • Collaborate with our operational and sales team
  • Weekly reporting to the Executive Team

Benefits

  • Starting salary, then Full commission plus performance bonuses
  • Six-figure income potential buying real estate
  • No cold calling required
  • Fun, fast-paced work environment
  • Ability to work from home
  • Great people - We absolutely love what we do!

Click this link to apply: Apply Here

Post: Good experiences with Houston Wholesalers

Chris BoundsPosted
  • Investor
  • Sugar Land, TX
  • Posts 468
  • Votes 194

That kind of experience is typically going to come from a relationship instead of an impersonal e-mail blast. It's the wholesaler calling their A list buyer before ever sending an e-mail. It's possible to get them, but it requires a lot of netWORKing. 

Post: Hobby Area - $102k - Almost Rent Ready - $450+ Cashflow!

Chris BoundsPosted
  • Investor
  • Sugar Land, TX
  • Posts 468
  • Votes 194

I'm not offering sellers financing, but this deal would work well to sell as owners financing.

Post: Talk REI Over Beers With A Newbie?

Chris BoundsPosted
  • Investor
  • Sugar Land, TX
  • Posts 468
  • Votes 194

Jonathan,

There are numerous REI events around Houston that do exactly this. Specifically to beer, there is one held at the Saint Arnold's Brewery. I usually go to that one, but this time it falls on the same date as my event in Sugar Land.

Post: Sticky issue - Honey Bee infestation in Houston

Chris BoundsPosted
  • Investor
  • Sugar Land, TX
  • Posts 468
  • Votes 194

Queue the music - God Save the Queen!

I hope to never have this problem, but I'll check this company out if I do. I've seen a few other investors deal with honey bees so it must be more common that I otherwise would have thought. 

One video I saw was of the beekeeper standing unprotected in the middle of a massive swarm outside a house I almost bought. He said because the bees had been removed from the home they were looking for a new home and less defensive. I was just thinking - "I was in that house!"

Post: Houston Pier & Beam Foundation Repair Referrals

Chris BoundsPosted
  • Investor
  • Sugar Land, TX
  • Posts 468
  • Votes 194

Thanks @Fred Heller

Post: Hobby Area - $102k - Almost Rent Ready - $450+ Cashflow!

Chris BoundsPosted
  • Investor
  • Sugar Land, TX
  • Posts 468
  • Votes 194

$2k EM locks up the deal. Call 713-493-2573.

Description:
Minimal repairs needed - it's nearly rent ready! Would cash flow $450+/mo depending on financing. Not many comps over 1500sf so ARV and Rent amount could be higher.

Repairs include:
Pier & beam foundation repair ($5,475 quote available), electrical panel, appliances, carpet, light fixtures, and other minor touch ups.

Click on the links below for more information:

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