All Forum Posts by: Daniel Showman

did this event not happen?

@Jeremy Staggers first welcome and best of luck in all your endeavors, real estate investment is a truly life changing journey, and gig 'em.  

There are deals being done in Houston and the surrounding areas even with all the COVID stuff, although some investors have slowed their acquisitions in order to gauge the market.  You really might want to look into house hacking as an introduction to the investment process.  Wholesaling is a cheap way to try to get into investing, and people can generate capitol this way, but the wholesaling seems a little over saturated right now and having the back end buyers to sell your deals to is really important.  The Area you mentioned are great but there is a high cost of entry, might want to consider a few other areas in the area as well there is a lot of competition in Houston so when your starting out you really need to take the deals you can find.  Being that your fairly young you could house hack in your area and change your primary residence every couple of years and only need to put low money down each time within the five years you are talking about you could easily have 3 properties under your belt as buy and holds that will help you produce that long term wealth and this is really low cost entry to build your real estate portfolio.  

This might be premature but was wondering what your views may be of renters with a foreclosure or evection due to the COVID shut downs.  With the high unemployment rates that came up and with people changing jobs and looking for other housing, I think this issue may come up in the next couple months once the guidelines preventing these actions is changed.   Will you view these derogatory marks on rental history differently than others?  

So this may be premature but with the staggering unemployment that came with the COVID shutdowns how do you think you will view renters that have a foreclosure or evection due to the COVID closures vs some other derogatory mark on their rental history.  Will you view these issues differently than others?  

Well Mark, When you guys start back up let me know would love to come by.  

I was wondering how everyone is handling meetups with all of the COVID Guidelines in place around.  I have always enjoyed being able to talk in person to other real estate investors and professionals.  It just doesn't seem the same as a phone call or virtual meeting.  I was wondering what everyone's feelings on this are.  I am in South Houston and it seems like things are starting to get back to normal is it time to start meeting up again, or should we all be holding off still.   

Congrats, the first of many I am sure.  

Champions is pretty good too.  Honestly as long as you reed the material you will both do fine.  The key is going to be deciding how you want to learn, in person, online guided, online self paced, or just PDF/Books and then you take the test.  Groupoon and Living social usually have some cheap deals you just want to be sure the classes are accredited for Texas and not just "Informational". 

We are having our monthly meet up for the Galveston Bay Area Real Estate Investment Group.  We meet the first Tuesday of every month at varying locations.  This month we will be meeting at Chelsea Wine Bar on Nasa Parkway.  We will do introductions and then Debbie Hardee will be speaking briefly to the group about how to use conventional financing for investment properties.  Then we just all chat about our current or future real estate deals and have a few drinks.  Look forward to seeing everyone out there.