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All Forum Posts by: Chris Speights

Chris Speights has started 8 posts and replied 42 times.

Post: Targeting Houses/Neighborhoods

Chris SpeightsPosted
  • Real Estate Investor
  • Posts 45
  • Votes 4

Yeah, I have looked them up before...

What I was wondering was are the investors in those clubs exclusive to the area(s) in which they are in.

I am Pearland. My concern was if I go to the Clear Lake club, are they only investors in Clear Lake, or same with RICH...

You all answered my questions, though!

Thanks a ton.

RICH and the Clear Lake club are both relatively close, RICH probably being the closest.

Thanks again

Post: Targeting Houses/Neighborhoods

Chris SpeightsPosted
  • Real Estate Investor
  • Posts 45
  • Votes 4

Perfect! Thank you again...this was my last bit of info I think I needed before I attempt to lock down my first property...so, I will post when I get my first deal under contract!

Chris

Post: Targeting Houses/Neighborhoods

Chris SpeightsPosted
  • Real Estate Investor
  • Posts 45
  • Votes 4

Great info, Jason. Thanks a ton.

One other question to "piggy back" to your response...

I live south of Houston about 20 miles, there's not a REI club "IN" my town...my guess is a good deal is a good deal and investors will come out of the city for them...I guess my question is, can targeting an area outside the city still be equally as profitable?

Oh, I love your site, too...very nicely done!

Chris

Post: Anyone in/near Houston?

Chris SpeightsPosted
  • Real Estate Investor
  • Posts 45
  • Votes 4

I would be interested...just keep me posted on times/days you're thinking about...

Chris

Post: Targeting Houses/Neighborhoods

Chris SpeightsPosted
  • Real Estate Investor
  • Posts 45
  • Votes 4

Thanks for the reply and information, Ken. The confusion thing holds sooo true. I honestly feel I am past that, though. At least past the fear. I am very ready and willing to act. I was just thinking there would be a "formula" of how to determine where you're going to attack. I might be overthinking it...don't know...

Post: Targeting Houses/Neighborhoods

Chris SpeightsPosted
  • Real Estate Investor
  • Posts 45
  • Votes 4

This question is exclusive to wholesaling, but is a "starting out" question...so, posted here. Please move if needed.

When getting ready to find properties, do you guys find it better to market in general (basically anyone that may have a home they want to unload can contact you) or is it better to target neighborhoods or zips?

Just curious...marketing in general (ie bandit signs or CL postings, etc) seems like you would have to weed through too much stuff.

On the other hand, targeting a neighborhood or area seems like a lot more work...not afraid to work, just saying it's a lot more driving, mailing postcards/letters, etc...

So, is one better than the other, do both work, do wholesalers typically try to do both? I am just trying to be as efficient with my time as possible, but be mindful of my budget I am working with...not sure if there's a way to do both of these things at the same time, or not.

If you "target" areas, how do you do this? For instance, I live in (around) Houston. Obviously it's a large city. How do you decide that neighborhood b is a better place to focus on that neighborhood a or c?

Am I overanalyzing this? Does it matter? I mean, is the goal to generate 10,000 calls and hopefully 10 of those deals work? Or is it better to target 100 houses and hope 10 of those work?

Post: Craig List Ad

Chris SpeightsPosted
  • Real Estate Investor
  • Posts 45
  • Votes 4

Great Write Up! Thanks a ton, Nick.

Post: PDF?

Chris SpeightsPosted
  • Real Estate Investor
  • Posts 45
  • Votes 4

My mistake, the link is http://realestatebeginnersguide.com/agreements.html

Post: PDF?

Chris SpeightsPosted
  • Real Estate Investor
  • Posts 45
  • Votes 4

These are all I know of at the moment. [LINK REMOVED BY ADMIN - WASN'T WORKING]

Post: Good contract clauses

Chris SpeightsPosted
  • Real Estate Investor
  • Posts 45
  • Votes 4

I am not sure how to "upload" the documents here, but if you go to http://realestatebeginnersguide.com/agreements.html, there is a contract of sale and a contract of assignment.

I am new to investing all around, so I can't speak to their thoroughness, etc...but, there they are!