All Forum Posts by: Brandon Richards

I know a few, message me

Flip isn't an option. FHA as you know requires owner occupancy. I'd go for a duplex. Currently there is well over 120 duplex to choose from in the DFW area. Message me and I can get you a list of them.

Welcome @Brian McCommas, I'm an investor friendly Realtor® here in the DFW area. I help from acquisition, financing, GC's and all the way to end buyer. Let me know if you need anything or have any questions.

Doesn't sound unrealistic at all and in fact, I think your under valuing the determination that I can see here. With the power of leverage and your financial stability, I don't see any reason why 2,3,4,+ properties a year isn't achievable. Build a strong team, make a few mistakes and grow. Buy right(meaning don't overpay) and in the right areas, research rental index's, schools, crime, etc and you'll be successful 

Longhorn general contractors, they work only with investors

LoopNet is actually owned by CoStar. Its a great free resource, the only downfall is most brokers don't update their listings on there and the information can be inaccurate. Texas is a non-disclosure state which means, the only real source for accurate listings and comps especially would be the MLS. The big name sites, again, can be a good source but can be misleading and inaccurate, especially in Texas.

@Vanessa Perez I evaluate distressed properties nearly everyday. This corridor of the Dallas area has 2 options, Demo the house or remodel as you've said. But, there are many factors in this. Based off where in the M streets and how big the lot is is a huge factor in determining if it will be a remodel or a land play. Some remodel and add on 2,000 sqft to the backside or build up. Send me a message, I'll run out there and give you an honest no obligation opinion as to what a good move would be. I probably view 8+ houses a week and have a pretty good idea of whats going on around that area. Look up me and my company and you'll see that this is exactly what are business model is.

Veteran wholesalers, if you were to start over and you had a $10k per month budget, what would you have done differently? Which lists would you of mailed more to? Which pieces would you have or have not mailed? Would you of gotten a billboard out the gate? What types of systems to handle high volumes of leads? More Foreclosures? More absentees? More probates? More bandit signs? Radio ads? Which sites are better for lists purchasing? Did you build a website? Online leads? FB campaigns? What crm are you using? OnCarrot or Propellio? As of right now I'm doing most of these, just small. I want to scale and I want to scale fast. I'm willing to pour money into this(upwards of $10k month in the beginning), but I want to do it smart and with the proper systems. Really too much to list and think of right now, but all the tips and pointers would be great.

Join us October 10th 5pm-9:30pm for free classes, free food, free drinks, free entry and NETWORKING!

DFW INVESTORS is hosted by our very own Tim Herriage(formerly of B2R & HomeVestors) and George Roddy( Roddy List). 

October 10th Meeting 5:30 PM – 9:00 PM

Join our FB Group: https://www.facebook.com/groups/dfwinvestors/

Register here: https://www.facebook.com/events/1784465231835955/

PRE-REGISTER FOR FREE, OR PAY $10 AT THE DOOR.
Come early, come late, we have something for everyone. Below is the schedule of events, in which you are free to come and go as you please (excluding the MCE-you need to be there on time and for the full hour to receive credit).

Special Thanks To:
Bar Sponsor: Longhorn GC
Popcorn Sponsor: iDeal Floors
5:30 – 6:30 Complimentary MCE: “Home Warranties” with Julie Jones of Nation Home Warranty
6:30 Bar, Appetizers, Vendors – OPEN TO ALL ATTENDEES
6:45 – 7:00 Introductions and Opening Remarks
7:01 – 7:30 Toolbelt Training Session: “Marketing 101” with Daniel Moore of Propelio
7:31 – 8:00 Open Networking and Bar
8:01 – 8:55 Featured Presentation: “Notes 101” with Eddie Speed of The Note School
9:00 Event ends- Hang out with the club CEO and CIO in the open bar area for RE discussions

Cost: FREE (if you pre-register or $10 cash at the door)
More information about our Speakers:
julie-jones-screen-shot-2014Julie Jones, VP, Real Estate Sales
Nations Home Warranty
Julie has been in the Real Estate Industry since 1984 including Title company, Mortgage company & currently Home Warranty. She has been with Nations Home Warranty for 9 years and is currently the VP of Real Estate Sales. She lives in Lake Highlands with her husband of 15 years and their two precious dogs!

Daniel Moore, CEOunknown
Propelio
In 2008, at the age of 23, Daniel Moore bought his very first investment property. Since then, he has learned his lessons very carefully, so that, by the age of 28, he became a full time investor, and was inducted into Robert Kiyosaki’s Rich Dad Hall of Fame. He completed more than 60 properties last year alone – ranging from wholesales, rehabs, sub2s, wraps, short sales, mobile homes, and a million-dollar new construction project. From this varied experience, Daniel has accumulated extensive first-hand, real world knowledge on the “how-to’s” of real estate investing and is now the Co-Founder and CEO of Propelio.com.

Eddie Speed, CEO
The Note School
Since 1980, Eddie Speed has dedicated his professional life to the Note buying industry, seller financing and non-performing notes. He's introduced innovative ideas and strategies that have positively impacted the way the industry operates today. Fifteen years ago, Eddie founded NoteSchool, which is a highly recognized training company, specialized in the teaching of buying performing and non- performing discounted mortgage notes. He is also a principal of Colonial Capital Management LLC, which is a private equity fund that acquires discounted real estate secured notes.
Eddie recently received the special recognition of being honored as the first inductee into the SBRE Hall of Fame along with the Think Realty Award of Distinction for Alternative – Asset Investor of the Year.

LoopNet is alright, however, a real MF deal is going to be truly off market or on CoStar. I've got access to CoStar and can get anyone the info they request. I also source small and large SFR portfolios in the DFW area and currently we have a 3 and 36 unit SFR portfolio we are trying to get rid off. I have a 48unit MF off market and a 604door 4 complex package we just got in today. Anyways, moral of the story, if its real estate, someone in my office or myself has it or can find it. Check my FB for updates on these properties. I also have many pieces of land for SFR development and a commercial lot for a fast food chain. Happy investing!