All Forum Posts by: Brian Alfaro

Thanks @Aaron Beauchamp! That is helpful!

For sure, @William E.! I will let you know if I find any good ones... I am still on the hunt. I'm putting my list together for a few to meet up with prior to doing my first deal. 

@Matthew Gullo I would love to attend? Where can I find details about the location, date and time? PM me! I’d love to connect.

Hello! I am working on gathering up my core four, and I am in need of some contractor recommendations here in Houston. Can anyone provide any good REI friendly contractors that maybe they‘ve used before? Also, I am working to do my first deal, so I am curious how other REI structure their agreements with their contractors? I some Hard Money lenders require you to make the first draw out of pocket, but do any of you not issue payment until phase 1 is actually done (like not issuing the first draw out of pocket until demo is done). I’d appreciate any input! Feel free to PM me as well.

This is an awesome thread. Thank you @Vijaianand Thirunageswaram for being thorough and providing great details to us new investors. I am looking for a good wholesaler to work with and others to have in my back pocket in the near future in Houston and surrounding cities, so hearing this from an experienced investor is extremely valuable. 

Thanks for the tips, @Tony Castronovo! Would love to connect if you’re ever at a meetup @Collin Garbarino mentioned (or if we start our own). Interested in talking to investors who have been in the market to build relationships and hear stories. 

Keep hustling and leaving no stone unturned, @Warren Brown . I’m new to RE investing, but the common theme I keep reading is there are deals out there to be found. You just have to be patient and follow the advice given - if it doesn’t meet your criteria walk away and keep looking. 

If anyone is interested in having or starting a SW Houston meet up , I am a partner in a coffee shop startup in SW Houston. I would love to host other BP members over great coffee! I’m looking forward to meeting anyone who’s active in our market. I have a feeling we can help each other long term. 

Originally posted by @Collin Garbarino:

Brian, there's a RE meet-up that focuses on Southwest Houston and Fort Bend County the first Tuesday of every month. Send me a message and I'll send you a link with the information.

Just sent you a message, Collin! Let me know if you receive it. BP keeps crashing on me... 

@James Wachob Love your plan! Thanks for sharing the spreadsheet to show how it works. Would love to connect to chat more about it.

Hope to attend as well! Thanks for sharing!

Hello! I am new to BP and to RE investing. I am 29 years old with a business degree and current full time career in Hospitality/Food Service. I am a partner in a startup coffee shop, and I advise another restaurant franchise remotely.

Managing two concepts has taught me the skill of planning, executing, and staying disciplined with my time. I am hoping these skills will be valuable in building my relationships locally with other real estate enthusiasts and managing my RE portfolio.

I am currently in the process of building my RE knowledge, relationships, and deciding on a strategy to focus on (BRRR, Buy & Hold, Flip). Almost all of my free time is being spent reading, listening or watching something related to RE investing. I am open to any recommendations for someone in my position that is new and juggling multiple opportunities. In addition, I am certain I am going to need to form some relationships with:

1) A local investor friendly agent who wants to build a long term mutually beneficial relationship. I understand you have to move fast in this market, so having someone experienced is important

2) Local, small banks that can assist me with financing

3) Local contractors with a good reputation to do work if/when needed

4) Other local investors or RE professionals who are interested in forming relationships and occasionally meeting up to pick each other’s brains

Please feel free to reply or connect if you're interested in building a relationship in one of those categories (or just introducing yourself) or if you can make a recommendation! I am reading/hearing that Houston is extremely aggressive, so as a beginning investor, I am thinking of focusing on some of the suburbs of Houston (Sugar Land, Richmond, Rosenberg, Katy, Cypress, Etc.). I'd like to hear what everyone else thinks about where to start. I live in the Fort Bend area, currently.