All Forum Posts by: Chris Quinn

@Jieh Larson I'd be happy to help. I shoot you a PM.

Investment Info:

Small multi-family (2-4 units) wholesale investment.

Purchase price: $51,000
Sale price: $105,000

Closed on distressed duplex. 8 days later sold as is, for double.

Investment Info:

Single-family residence wholesale investment in Bryan.

Flipped a contract on a house and lot if North Bryan

Investment Info:

Single-family residence wholesale investment in Bryan.

@Tony Castronovo do you have any insight here?

In B/CS (Texas A&M), I see cap rates ranging from 7-11% depending on the deal.

I don't know if I have just been lucky but my college tenants have been great. When I buy property I plan to keep, I want something that I can rent to either college kids or a family. I will agree there are more doors available, but most are for the higher end living. 

Hey @Juan Sánchez! Be sure to attend the local BRIC meetings as its a great place to network. There is a main meeting at the end of the month and happy hour the first or second week of the month. Plenty of resources from agents, lenders (institutional, private and hard money), contractors, wholesalers, etc. I myself am a Realtor, wholesaler, investor, and entrepreneur. I'll shoot you a message to find a time to meet up.

Trec.texas.gov will show you who is approved to teach. There are roughly $1500 in prelicensing costs. Probably another $1000-$1500 in set up costs (branding, MLS, lockbox, etc). You ONLY get paid when you close a deal. Listings mean nothing if they don't sell. It's a tough industry. Just in BCS we have 1000 agents/brokers. If you can get past the 2nd year, you're usually doing okay. I'm happy to answer other specific questions.

@Daniel Schiller let’s connect. I’ve always got eyes and ears working the streets for off market deals.