All Forum Posts by: Ali Hamade

Go and observe the auctions, I've been to several in the past 2 years and they can get hectic.  First impressions is that they are deeply competitive and last minute changes are common.  Its not the best for beginners but you can learn a lot.

In addition to the due diligence risk, you need to pay for the property on the spot, upfront cash or cashiers check.  That mean the upfront costs could be up to the low 6 figures.  You can be ready to go , funds in place , and show up the day of the auction that property you are going for has been cancelled, regardless what the website says.

Besides that, I noticed that properties are put on auction a few times so there is a chance to keep tabs on them, and Texas has monthly auctions which is great for gaining experience.  Talk to a few people there, they are a helpful crowd of like minded people.  Don't get discouraged by my post haha.

good advice, I listed it on BP classifieds.  I would go the facebook route but I don't have an account and its too much hassle to sign up.

Let's see how it goes

I live pretty central in Houston, on the train line and my home have a full renovated Garage apartment that has been listed on the popular platforms. Its going great, doing good numbers and gets great reviews. Its time to move on and with the slow market I'm doubting that listing on the the MLS will be best option. I am trying to target a savvy investor or younger buyer who want to house hack while living in main home to help with the cost of ownership. I have talked to a realtor but my message not getting across and don't want to be tied up in a listing contract that goes no where.

Does BP have a listing service?

Main home is 3 br / 2 ba and the garage apartment is 1 br / 1 ba with its own washer and dryer.  House hack or two rentable properties, very versatile property.