All Forum Posts by: Chris Bounds

I love the BP and #AskBP podcasts. I listen to Lifestyles and Buy Sell Fix Flip podcasts as well. Another one not mentioned above is Justin Williams House Flipping HQ. His advice on systems and business building is golden. 

@William Dampier - thanks, you're added.

@Dee Peterson and @Amber Koontz - Can you sign up for my buyers list on my website or send me your e-mail.

Hi Everyone,

I saw this post a month ago.  We're starting up a meetup June 2nd at 6:30pm at Rudy's located at the Hwy 59 / 99 interchange.  You can RSVP here, but be sure to view the meetup thread here and let other BPers know that you are coming.  It will be a great networking event.  Hopefully one of many more to come!

Come join the ONLY real estate investors meeting in the Sugar Land - Richmond - Katy area.

I will kick things off with a few tips about what it takes to get started investing in real estate with zero experience.

Our featured presentation will be given by Johnny Hays of Jet Lending. Johnny will demonstrate how hard money works, when to use it, and how to do deals you thought you couldn't do.

Rudy's BBQ will be provided free for those that show up early. Space is limited so make sure you RSVP early to secure your spot. There will be a lot of networking and maybe even a few giveaways too.

Our goal is to help you build your business and to do that you need a team. Networking is the way you get it done.

Click here for more information.  See you there!

@Paula Fontenot

You're in the right place. Welcome!

We're pumping up our marketing and would like to reach out to house buyers (flippers and landlords) in the southwest Houston area.  If you are looking for flips or buy & hold properties in the Katy, Sugar Land, Richmond, Stafford, and Missouri City areas please let me know.  You can join my buyers list on my website, but please comment below as well.

Also, with more deals coming in we'd love to meet new private lenders.  If you are a private lender that invests in Houston houses please private message me.  We'd be happy to get together to discuss our business plan, track record, and what deals we are working on now.

Seeking wholesale buyer for this Katy 3/2 deal.  Asking $142,500.  Make an offer!  Call Chris at 979-676-1287

Address: 21410 Park Mount Dr Katy, TX 77450
Est. After Repair Value (ARV): $200k+
Estimated Cost of Repairs: $25,000 (rental) - $40,000 (flip)

About Property
This could be a great rental property for cash flow. Or take advantage of very low DOM for a profitable flip. AC unit is new. Roof older but appears functional. For pictures, click here.

About Repairs
Full kitchen remodel, bathroom countertops, sheetrock, plumbing.

Miscellaneous
Cash buyers preferred. Hard Money ok with pre-approval letter. Non-refundable deposit locks up the deal. Serious buyers only please.

Comps:
21411 Park Wick Ln pending $229k (flip)
21602 Park Wind Ct. pending $212,5k
21342 Park Tree Ln. sold $193k
21335 Park Mount Dr. sold $191k

That might be a question better for a new thread. I've spoken with RA a few times before and have seen them at local REI events. They seem legit, but I haven't used their services.

@Sam Craven, I will try that.  I've been using Realist since I can get that data for free.  For equity % it looks like I will need to use listsource.com instead.

@Sam Craven, thanks for the input.  The acquisition cost is actually much higher considering I've done multiple mailings.  Once I close out the pending sale I plan on rolling it into more DM.  Good point on landlords.  I was thinking 15+ years equals equity.  Maybe I'll sort by equity instead since some landlords may be inheriting.