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All Forum Posts by: Alex Winfield

Alex Winfield has started 58 posts and replied 107 times.

Post: BRRRR! Going From Underwater to Waterfront

Alex Winfield
Posted
  • Real Estate Agent
  • Norfolk, VA
  • Posts 111
  • Votes 61

BRRRR, it's getting cold outside, but you know what will keep you warm? Beer and Real Estate!

This month we'll be discussing Real Estate Investing strategies, specifically the BRRRR Method. BRRRR stands for Buy, Rehab, Rent, Refinance, and Repeat.

Resident BRRRR expert Alex Winfield will teach you what you need to know to get started and continue building your portfolio without using all your cash.

Come warm up with us, February 22, 2022!


May your castle be secure and your cup overflowing.

Post: Wholesaling for the New Year!

Alex Winfield
Posted
  • Real Estate Agent
  • Norfolk, VA
  • Posts 111
  • Votes 61

Happy New Year!

I'm sure you've all seen the "new year, new you" posts. Well, we want to move away from that and talk more about last year! Join us this month for a discussion with Shawn Bowen and some of the people he helped get into wholesaling in 2021. Learn what commitments they all made to their business last year to get one step closer to financial freedom. In addition, Shawn will give a brief overview of wholesaling and answer any questions you may have. This will be a great networking opportunity for anyone that has been wholesaling for a while or is still looking for their first deal!

Shawn has been working in the Hampton Roads real estate market for ten years as a contractor, with an auctioneer, and as a wholesaler. He has tons of knowledge and you don't want to miss this presentation!

May your castle be secure and your cup overflowing.

Post: Any solid info on VA Vendee financing? Any lenders?

Alex Winfield
Posted
  • Real Estate Agent
  • Norfolk, VA
  • Posts 111
  • Votes 61
Originally posted by @Erick Pinzon:

Looks like this is going again. Putting an offer on a house in Virginia Beach and my buyers will likely be applying through United which is listed as the mortgage company. I'll update with how things go. Fingers crossed

Erik, please let us know how it goes and if you get anywhere with the Vendee program.  I think I might have started this thread a couple of years back and am in VB as well, so interested to see if its getting any footing.

Sounds like some have had success with it, so I guess I gotta get back on the hunt for them. Seems like I'm starting to see some more foreclosures pop off, so will hopefully be some more VA Vendee opportunities along with them.

Good luck! 

Best Regards,
Alex  

Post: Creative financing for a newbie with no properties!

Alex Winfield
Posted
  • Real Estate Agent
  • Norfolk, VA
  • Posts 111
  • Votes 61

Hey Jarvis! Glad to hear you are looking into House Hacking and the REI. I really think House Hacking is like the gateway drug into REI, so you are on the right path. It is a low-cash and low-risk way for the average Joe to pick up properties with a repeatable model. Norfolk is actually a great area to do it in since there are a decent number of 2 to 4 plexes available. I think saving up your money and getting educated on the REI world is a great pathway, so keep it up and good luck. There are also some great Investor meetups in the area like TRIG that Patti mentioned above. Me and another local investor do a group called Hopportunity on a little smaller scale where we disccuss REI over some craft beer. Either way, the more you can learn and network in REI the better position you can put yourself in to buy and invest right.
 My team and I specialize in House Hacking so if you ever want to hop on the phone or meet up for coffee just let me know. 

Keep up the hustle and good luck!  
Alex 


Post: State of the Region Address by ODU

Alex Winfield
Posted
  • Real Estate Agent
  • Norfolk, VA
  • Posts 111
  • Votes 61

Yes, you can still stream it live on our Facebook page.   https://www.facebook.com/group...

or public: https://www.facebook.com/hoppo...

It should go live right around 7:15. 

Hope you can join us! 

Post: State of the Region Address by ODU

Alex Winfield
Posted
  • Real Estate Agent
  • Norfolk, VA
  • Posts 111
  • Votes 61

Hey All in the Area..  This State of the Region Address is Awesome.  We have an ODU Econ Proffesor Jay Walker sharing the state of the Hampton Roads Region (Virginia Beach, Norfolk, Chesapeake, Hampton, Portsmouth, Suffolk, Newport News, Yorktown, Williamsburg) and give some projections of what to expect in 2022.  The ODU Econ department works around the calendar compiling this information and Jay is going to share it with us with a Real Estate Spin.  They gather this info all year, so if you do Real Estate or Business in the 757 then you should attend.  Its one of our biggest events of the year so you don't want to miss it.  Oh yah... and its free!  

Hope to see some of the BP crew in attendance! 
Alex 

Post: State of the Region Address by ODU

Alex Winfield
Posted
  • Real Estate Agent
  • Norfolk, VA
  • Posts 111
  • Votes 61

It all started FOUR years ago with a man, a plan, and a beer. A lot has changed since that first meeting at Commonwealth Brewery. AND we get to celebrate in person this year with that man, that plan, and PLENTY of beer! Join us on Tuesday, October 26th at 7 pm to hear from Jay Walker, Ph.D. He's an Assistant Professor of Economics and Old Dominion University and he helps put together the State of the Region Report every year. He spoke to us last October and it was definitely one of our best meetings! We're so excited he agreed to come back and we can't wait to talk to him about our unique area. If you have any questions for Jay ahead of time, write them here so you don't forget! We can't believe it's been four years already. Thank you all so much. We could not have continued this without you. We really appreciate everyone that comes to the meetings (or watches them online now) and we're looking forward to the time when we can all get together again to drink a beer and talk real estate! May your castle be secure and your cup overflowing.

https://fb.watch/8OJas9vhYb/

Post: House Hacking with Rehab Loans!

Alex Winfield
Posted
  • Real Estate Agent
  • Norfolk, VA
  • Posts 111
  • Votes 61

Awesome! 
There are so many possibilities using the Rehab loans and most people don't even know about them. Its a great way to transform your house to make it work for you and your goals with limited cash out of pocket in the deal. They now have VA-rehab loans, FHA-rehab loans, and Conventional-Rehab loans. Works with house hopping, house hacking, and even a long-term flip. We of course will dive into them a little further that night, but great opportunities for sure.

Best Regards,
Alex 

Post: House Hacking with Rehab Loans!

Alex Winfield
Posted
  • Real Estate Agent
  • Norfolk, VA
  • Posts 111
  • Votes 61

Post: House Hacking with Rehab Loans!

Alex Winfield
Posted
  • Real Estate Agent
  • Norfolk, VA
  • Posts 111
  • Votes 61

We are so excited to announce that our meeting this month will be on the topic of.....House Hacking with Rehab Loans! Led by Alex Winfield and Robert A Hill!

Alex Winfield is a real estate agent, investor, speaker, and entrepreneur. Within the past 6 years, Alex has personally completed 2 and been associated with over 30 "House Hacks" and "House Hops" transactions. His knowledge of the local market, passion for REI, and experience with so many House Hacks has enabled him to coach his clients to successfully utilize this strategy.

Robert Hill has been a mortgage banker for almost 7 years. One of his specialties is in the area VA Loan, VArehab Loans, FHA203K, and Conv rehabs. He enjoys working through the process with his clients and loves watching the average person be able to utilize them to become investors.

If you haven't already, join our private Facebook Group here and send us some questions for Alex and Robert about House Hacking ahead of time. You'll be able to watch the talk and ask questions live on our Public Facebook page. Like us now so you don't miss it!

May your castle be secure and your cup overflowing.