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All Forum Posts by: Chris Bounds

Chris Bounds has started 77 posts and replied 443 times.

Post: Real Estate Wealth Con 2023

Chris BoundsPosted
  • Investor
  • Sugar Land, TX
  • Posts 467
  • Votes 194

📢 Join Real Estate Wealth Con, the ultimate 3-day virtual super conference! 🏘️💼

📅 Mark your calendars: September 6th - 8th
🎟️ RSVP 

🔥 Get ready for an immersive experience like no other, featuring 50+ industry-leading speakers across 7+ different topic tracks, including:

🏢🔍 Category Highlights:

1️⃣ Investment Strategies: Learn from seasoned experts who have cracked the code to successful real estate investments. Discover strategies that can help you maximize your returns and build long-term wealth.

2️⃣ Planning & Protection: Learn how to plan for the future and protect your real estate assets through effective estate planning, risk management, legal considerations, tax optimization, and asset protection strategies.

3️⃣ Sales & Marketing: Master the art of real estate sales and marketing. Gain insights into effective lead generation, branding, and customer acquisition techniques to accelerate your business growth.

4️⃣ Financing: Gain valuable knowledge on how to finance your real estate deals, including raising private money, hard money lenders, commercial lenders, syndications, and investment funds.

5️⃣ Business Operations: Streamline your real estate business operations for efficiency and scalability. Get tips on team management, process optimization, and building a solid foundation for growth.

6️⃣ Technology and AI: Discover how cutting-edge technology and innovative tools can revolutionize your real estate business. From ChatGPT, smart analytics, home automation, chatbots, and more.

7️⃣ Market Outlook: Stay ahead of the curve with insights from top market analysts. Explore emerging trends and identify lucrative opportunities in different real estate markets.

🎙️ Get ready to hear from renowned experts, industry veterans, and thought leaders who will share their wisdom, insights, and success stories.

📚 This conference is an invaluable opportunity to expand your knowledge, network with like-minded professionals, and take your real estate journey to the next level!

💼 Whether you're a seasoned investor, aspiring entrepreneur, or simply interested in real estate, this event is a must-attend!

🎟️ And...for a Limited Time you can RSVP for FREE!

I'll see you at Real Estate Wealth Con! 💪🏼💰

Post: what do you hate about wholesalers?

Chris BoundsPosted
  • Investor
  • Sugar Land, TX
  • Posts 467
  • Votes 194
Originally posted by @T M.:
Thannk you for not saying "all" wholesalers. I'm in Real Estate courses now trying to get my agent's and appraiser's licenses. So far, I've heard a ton of bad case studies involving shady agents but I have not thrown the whole industry away based on the large number of shady agents out there. I feel that when wholesaling is spoken of, the majority of the time, it's in a negative context. I appreciate your voice of reason and balance. Just the facts.

Originally posted by @Chris Bounds:

Over time more states will start requiring a license "wholesale". 

When you boil it down, most wholesalers are engaging in brokerage. They operate purely with the intent to assign their interest in the contract to another buyer AND do not disclose that to the seller. 

Many wholesalers do not have the means (or desire) to close on the properties they are contracting. That in itself can be a legal issue in many states. 

Wholesaling is not bad (IMO). It's the shady individuals and operations behind the strategy that causes harm to the public and will prompt regulators to address the issue.

Bad actors that ruin it for everyone else. Oklahoma recently passed HB 1148 requiring wholesalers to get a license.

Good luck with your license and real estate business. IMO a license can only benefit a person looking to make real estate a long term profession. Feel free to reach out. 

Post: How To Build A Winning Real Estate Team - Eps 8

Chris BoundsPosted
  • Investor
  • Sugar Land, TX
  • Posts 467
  • Votes 194

Join us for #RealEstateHackingLive as we ask top industry leaders:

"How can you build a winning real estate team?"

Guests include: TBD

RSVP

We will lead guests into topics including:

  • How do you break through in a competitive market?
  • How are you connecting with your audience in a way that’s relevant?
  • What marketing channels do you find most effective?​
  • What should you do to improve clients' experience?
  • What behavior trends are you seeing?
  • How are you building both Brand & Sales?

Post: How To Invest In Out-Of-State Investment Properties - RHL Eps 7

Chris BoundsPosted
  • Investor
  • Sugar Land, TX
  • Posts 467
  • Votes 194

Join us for #RealEstateHackingLive as we ask top industry leaders:

"How do you successfully invest in out-of-state investment properties?"

RSVP

We will lead guests into topics including:

✔️ How do you break through in a competitive market?
✔️ How are you connecting with your audience in a way that’s relevant?
✔️ What marketing channels do you find most effective?​
✔️ What should you do to improve clients' experience?
✔️ What behavior trends are you seeing?
✔️ How are you building both Brand & Sales?

RSVP for event updates and reminders.

Post: eXp Realty Legacy Team Executive Overview

Chris BoundsPosted
  • Investor
  • Sugar Land, TX
  • Posts 467
  • Votes 194

Learn about the #1 Team of real estate agents at the fastest growing brokerage in history.

RSVP

See for yourself how you can leverage industry leading technology, modern marketing strategies, and multiple streams of income to increase sales, build wealth, and create a lifestyle.

6:30pm: Social
7:00pm: Presentation

The Invested Agents Legacy Team is not your average team of real estate agents.

We are a global group of real estate agents and investors with extensive industry experience, including:

✔️ Technology & Tools to scale and service your business
✔️ Sales & Marketing strategies that work in todays competitive market
✔️ Live and Archived Training by highly the world's top agents​
✔️ Mastermind & Mentorship to help you achieve your goals
✔️ ​Wealth Building & Passive Income through stock, revenue sharing, and real estate investments​
✔️ Systems & Resources for you to tap into without reinventing the wheel

Post: Real Estate Investing Fundamentals MasterClass

Chris BoundsPosted
  • Investor
  • Sugar Land, TX
  • Posts 467
  • Votes 194

Learn the Fundamentals of Real Estate Investing and double your business while building wealth and passive income!

RSVP 

In this 8 part MasterClass you will learn how to invest in real estate and exponentially increase your business.

This MasterClass includes:

  • Class 1: Mindset
  • Class 2: Deal Flow
  • Class 3: Evaluating Deals
  • Class 4: Estimating Repairs
  • Class 5: Financing
  • Class 6: Rehabbing
  • Class 7: Income Generation
  • Class 8: Wealth Building

RSVP 

⭐ Register early and save!

🆓 Receive a FREE copy of The Private Lender Playbook for registering.

Post: How To Build A Million Dollar Rental Portfolio In 3 Years

Chris BoundsPosted
  • Investor
  • Sugar Land, TX
  • Posts 467
  • Votes 194

Building a million dollar rental portfolio is a lot easier than you think.

The best thing is you do not have to have a ton of cash in the bank to start buying rental properties.

And even better you don't need nearly as many properties as you think to be a real estate millionaire.

⭐ RSVP

In this FREE MasterClass you will learn the strategy that successful real estate investors have been using for years to achieve financial freedom.

Post: What To Know Before Starting Short Term Rentals

Chris BoundsPosted
  • Investor
  • Sugar Land, TX
  • Posts 467
  • Votes 194

Join us for #RealEstateHackingLive as we ask top industry leaders:

"What should you consider before starting your first short-term rental?"

RSVP

Guests include:

Charlie Cameron
Bianca Tinsley
Matt Gardner
Beau Bailey
Vee Le

We will lead guests into topics including:

✔️ How do you break through in a competitive market?
✔️ How are you connecting with your audience in a way that’s relevant?
✔️ What marketing channels do you find most effective?​
✔️ What should you do to improve clients' experience?
✔️ What behavior trends are you seeing?
✔️ How are you building both Brand & Sales?

⭐ RSVP for event updates and reminders.

Post: wholesaling with negative equity

Chris BoundsPosted
  • Investor
  • Sugar Land, TX
  • Posts 467
  • Votes 194

Think about that a little bit. Investors want equity. You're describing a situation where not only is there no equity, there is less than no equity.

The only two possibilities I see are:

1. If there is a better use for the property through repurposing or development
2. The seller offers an great seller financing option allowing an attractive cash flow

I've bought seemingly little to no equity rentals before because they cash flowed well. Appreciation takes care of the equity problem over time. Of course, this requires caution. 

Post: Recommendation for a portfolio insurance

Chris BoundsPosted
  • Investor
  • Sugar Land, TX
  • Posts 467
  • Votes 194

We use NREIG for our properties.