All Forum Posts by: Arjun S.

Hey everyone,

I have a single family house under contract in Spring, TX, and wanted to get a referral for a quality inspector in the area. So, please let me know if you guys know of a good, experienced and licensed inspector that you use on your investments.

A little about the property- It is a 2500 sq ft single story house in Spring, TX. It is a foreclosed bank owned property, so there are a few rough things in there which I am aware of and budgeted for in my walk-through. I am looking to rehab and flip the property.

Will these inspections involve checking for mold and termites, or do that have to be scheduled through a different inspector/company? Is there anything else which is not covered under these inspections that I need to get done separately?

I really need to get the inspection done on a day's notice, or even the same day, so if you know of someone who can do that, please let me know.

Thanks,

Arjun 

Welcome @Jason Ostermayer Enjoy your time here, make a lot of friends and soak up as much knowledge as you can. Let me know if I can be of any help to you.

@Account Closed Welcome! I myself joined this website a couple of days ago. I'm interested in rehabbing and flipping single family houses in Houston, TX. If I can be of any help, just reach out to me man. Look forward to connecting with you.

Thank you everyone! I have a ton of material to read, a lot to learn and a great bunch of peers to connect with.

Anyone heard or worked with this Capital Concepts Inc. (4smartmoney) based out of Texas? Please share because what I experienced today was unbelievable.

So I made a couple of calls to local hard money lenders as I was interested in getting a pre-qualification letter to submit with my offers, and all of them seemed nice, cooperative and helpful until I ran into Capital Concepts and Blake Yarborough.

I spoke with a lady at Capital Concepts' office and she seemed nice. She explained all the terms of the loans, and requested I submit an application with a credit check to get a pre-qualification letter. I asked her if I could submit the credit report I pulled myself a couple of days ago, as I don't want every lender to be putting an inquiry on my credit report. All other hard money lenders either wanted no credit report from me, or were okay with me providing them with what I had pulled.

Then I received a call from Blake Yarborough. He asked me where I got my credit report from, and I told him it is a Transunion report I got from annualcreditreport.com just a couple of days back. Then suddenly he flipped out. "NO NO NO That is not acceptable!!" he yelled. I was in a bit of shock at his behaviour and tried reasoning with him that it is just a pre-qualification letter, all other lenders were okay with it, and he can run the actual credit when I have the property under contract and submit a full loan application. He wouldn't let me talk as he kept yelling at me "You think you know more than me.. we are so competitive we beat all banks and this is how we do business..." blah blah blah until I had to stop him and let him know that he was not the only lender in town and I will take my business elsewhere.

I'm glad I saw his true side today and not after we got into a loan agreement. I cannot believe how such a rude person can be at the head of the company. Totally uncalled for actions- flipping out and yelling at a prospective customer? Who does that?

Obviously I would never take my business and money to Capital Concepts, and I would urge all members to do their due diligence on the lenders they work with.

Thank you everyone for the warm welcome.

@Account Closed Since you're a new member too, Welcome! I look forward to connecting with you as well.

@Dusty Corning I'm looking at North-West, West and South-West Houston. Are there any other areas that you would recommend?

@Paul Timmins Thank You for all the links Paul! This website is full of resources and I will try to soak up as much knowledge as I can. How's the weather up there, getting warm now? I was in Boston for a few years before I came to Houston.

Hey everyone, please allow me to introduce myself- My name is Arjun and I'm a new real estate investor in Houston, TX. Having read through a lot of posts here and gained quite a bit of knowledge from the Ultimate Beginners' Guide (Thank You biggerpockets!) I feel very confident venturing into my real estate career.

A little about me- I was a Project Manager at a construction company for more than 3 years, so I am quite comfortable dealing with contractors, renovations, budgets and schedules. I hope my experience in this field would benefit me in my real estate investments.

I am interested in purchasing single family properties, rehabbing and flipping them and am looking for opportunities to connect with Wholesalers who can provide me access to great deals in and around Houston. I am also looking for some references for good Hard Money lenders. I have seen the list provided under the Resources tab, but just wanted to get a personal reference from anyone who has worked with any of the hard money lenders in the Houston area. Please PM me, thanks!

I am going to wrap this post up as it's getting quite long for a 1st post ha! I'm sure I will have lots of questions for all the experienced members out here, so please bear with me and thank you in advance. If you have any tips and/or advice, please do share or send me a message. Talk to y'all soon.

Thank You.