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All Forum Posts by: Daniel Mendez

Daniel Mendez has started 96 posts and replied 247 times.

Post: Wholesaling in Texas

Daniel Mendez
Posted
  • Investor
  • Dallas, TX
  • Posts 254
  • Votes 47

Good evening members,

Does anyone know if you are required to be licensed in order to wholesale here in texas?

Thanks in advance!

Post: RE Attorney: Dallas / Fort Worth Area

Daniel Mendez
Posted
  • Investor
  • Dallas, TX
  • Posts 254
  • Votes 47
Originally posted by @Ronald Rohde:

What type of contracts? I'd be happy to help

Hey Ronald,

I have a few of them that I would like for an attorney to look at and make sure they are Texas friendly contracts.

They are your typical real estate contracts such as option to purchase agreement, purchase and sale agreement etc

I am also looking for an attorney that can guide me in structuring my LLC's correctly.

I want to make sure I am legally compliant and have things organized. 

 

Post: RE Attorney: Dallas / Fort Worth Area

Daniel Mendez
Posted
  • Investor
  • Dallas, TX
  • Posts 254
  • Votes 47
Originally posted by @Andrew Postell:

@Daniel Mendez thanks for posting.  Always good to hear from fellow Texans.  Bigger Pockets also has some pretty active State forums too....and Texas is the most active out of any state forum.  Feel free to post in there if you have some Texas specific questions/advice.  Now, as @Kyle Mccaw mentioned, the TYPE of attorney is important.  For example, I have used Martin Garcia before to close some transactions. Likewise with Scott McKnight.  Milt Colegrave is a good Real Estate consulting attorney...if you need legal advice on structuring things.  And his partner Gregory Meyer is a good litigation attorney if you need legal representation in a case. Anyway, I hope some of this helps but let us know what area and that might help us narrow it down some.  Thanks!

 Thanks again, Andrew.

Well, I am in the Dallas area. 

I am looking for 2 things. For the attorney to look over some contracts for me. Make sure they are Texas friendly contracts. 

As well as, some consultation about how to structure my LLC's.

Post: RE Attorney: Dallas / Fort Worth Area

Daniel Mendez
Posted
  • Investor
  • Dallas, TX
  • Posts 254
  • Votes 47
Originally posted by @Jerel Ehlert:

@Ronald Rohde is in that direction. Check your local REI groups. We sometimes come by and/or you can ask other RE investors. Also, search BP for other requests for referrals.

Thanks, Jerel.

I will be attending all the events that will be happening in the DFW area.

Post: RE Attorney: Dallas / Fort Worth Area

Daniel Mendez
Posted
  • Investor
  • Dallas, TX
  • Posts 254
  • Votes 47
Originally posted by @Edgar Barrera:

My go to for RE attorney is Martin Garcia (817)519-8803

Thanks Edgar! 

Post: RE Attorney: Dallas / Fort Worth Area

Daniel Mendez
Posted
  • Investor
  • Dallas, TX
  • Posts 254
  • Votes 47
Originally posted by @Kyle Mccaw:

@Daniel Mendez What kind of contract? I have a few attorneys in DFW.

Kyle,

Just like your standard contracts such as purchase and sale agreement etc.

I also would like to ask him about structuring my LLC.

Do you have anyone in mind?
 

Post: BRRRR: Refinancing into LLC?

Daniel Mendez
Posted
  • Investor
  • Dallas, TX
  • Posts 254
  • Votes 47

Good evening BP members,

For those that have done many BRRRR deals. When it comes down to the refinancing part. Do you guys find a lender that can refinance the property under your LLC? Or do you refinance the home under your name and then move the property to your LLC?

Thanks in advance

Post: Can you invest with as little as $10k

Daniel Mendez
Posted
  • Investor
  • Dallas, TX
  • Posts 254
  • Votes 47
Originally posted by @Daniel Hyman:

@Daniel Mendez

A trusted wholesaler brought it our way. We told him our criteria and he went out hunting. The key is to find a GREAT wholesaler.

 In your perspective, what makes a great wholesaler?

Post: Am I wasting my time targeting vacant properties?

Daniel Mendez
Posted
  • Investor
  • Dallas, TX
  • Posts 254
  • Votes 47

@Jonathan Greene

Jonathan, besides money what other things can owners consider valuable? Can you give an example of when you landed a deal and provided the owner something other than money as a value add?

Post: Can you invest with as little as $10k

Daniel Mendez
Posted
  • Investor
  • Dallas, TX
  • Posts 254
  • Votes 47

@Daniel Hyman

Daniel, thats awesome!

How did you go about finding that deal? Also, any tips on landing a seller financing deal?