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All Forum Posts by: Dennis Rodriguez

Dennis Rodriguez has started 7 posts and replied 201 times.

Post: My first day as a FULL TIME RE Investor...

Dennis RodriguezPosted
  • Wholesaler
  • Katy, TX
  • Posts 213
  • Votes 109

Good Morning everyone!!!

@Paul F. I'll try putting something together in the next couple of days as far as my goals. But first I need to take care of business and Mondays are specially busy days. Thanks for reaching out. 

Dennis

Post: As a 20 year old, should I invest in a Houston, TX suburb market?

Dennis RodriguezPosted
  • Wholesaler
  • Katy, TX
  • Posts 213
  • Votes 109

@Anthony Colonnetta one thing you could do to at least get your feet wet while you finish college (which I highly recommend you do, always have a backup plan and education is an excellent Plan B or C), is to invest those $15,000 with a local partner and you can start growing that money faster than any other investment vehicle. You could even ask that investor to show you how he/she does his/her business and how your money is helping finance a deal. Since you don't have much time available right now you could make sporadic visits to Houston and check out the project progress some weekends. 

For example, we use a lot of Private Money from all kinds of investors. Most of them just want their returns and could care less for how we run our business as long as we pay them their interest money every month. Others (mostly the retired ones) call us very now and then and ask to come see the house while the work is going on and sometimes they spend the entire day driving to Home Depot with us and delivering materials and such. You could be someone in between, not necessarily disconnected but due to your student status only available to go see the project during the weekends or spring break and other free time from school. 

I hope this gives you ideas on what to do with your hard earned money while you focus on that bachelors degree. 

Good luck, 

Dennis Rodriguez

Post: My first day as a FULL TIME RE Investor...

Dennis RodriguezPosted
  • Wholesaler
  • Katy, TX
  • Posts 213
  • Votes 109

Thanks to everyone that have taken some time to congratulate me. 

@Yavor Tomov see you next week at Charles meet up in City Center. 

@James Lindholm I'm a Civil Engineer and specialized in underground utilities (SUE) for the last 8-10 years of my engineering career. Made it all the way to Branch Manager of the Houston office for a multi-national company. You can find me resume in linkedin.com if interested. 

Dennis

Post: My first day as a FULL TIME RE Investor...

Dennis RodriguezPosted
  • Wholesaler
  • Katy, TX
  • Posts 213
  • Votes 109

So it's finally here... today I start as a full time RE Investor/Realtor. I've been working both as a Civil Engineer and a RE Investor for over two years now and I finally decided to put engineering in a long term hiatus a dedicate 100% of my time to Real Estate. So 2017 is the year great things will happen. I will be dedicating a lot of time to helping out others and providing RE answers to whoever needs it. I have my Realtors license and hopefully will get some more clients through BiggerPockets. So shoot me an email or text if you need help in the Houston area. I still have my Prof. Engineer license active in Texas but I'm not planing to pursue any engineering work unless it's something simple and not requiring me to put aside my RE time. 

Today is a great day and 2017 will be a fantastic year.

Dennis Rodriguez

Same As Cash, LLC

Post: Texas Wholesalers, Any Success Making Decent Money?

Dennis RodriguezPosted
  • Wholesaler
  • Katy, TX
  • Posts 213
  • Votes 109

@Randy Miller you are totally correct on what most wholesalers are doing in terms of profit. But like @Nikolas Ferreira said, there are other ways. There are few wholesalers that are legit and understand that the investor needs to have room to make a profit. Problem is they find deals and have already a handful of investors lined up that buy everything they can find. So very rarely you see them advertising their deals 'cause all they do is pick up the phone and have a buyer in 15 minutes.

I'm sure Nik can elaborate on what he is doing via private message.

Good luck.

Post: Looking for my first Buy and Hold SFR in Houston

Dennis RodriguezPosted
  • Wholesaler
  • Katy, TX
  • Posts 213
  • Votes 109

@Darrius Singleton I'm a Realtor but we also do wholesaling and the best advice I can give is to be consistent in whatever method you decide to use for marketing. If you do direct mail, be consistent with your letters. If you do Bandit signs or internet marketing, same thing, be consistent and you will see results. 

Good luck. 

Post: Looking for my first Buy and Hold SFR in Houston

Dennis RodriguezPosted
  • Wholesaler
  • Katy, TX
  • Posts 213
  • Votes 109

@Ankith Chandra welcome to BP and the greater Houston investor's arena. What areas do you have in mind and what are your planned acquisition price/rehab costs? 

Good luck, 

Dennis

Post: New Pro Member from San Juan, Puerto Rico

Dennis RodriguezPosted
  • Wholesaler
  • Katy, TX
  • Posts 213
  • Votes 109

Very nice @Alejandro Herryman. Keep us posted how things turn out. 

Post: New Pro Member from San Juan, Puerto Rico

Dennis RodriguezPosted
  • Wholesaler
  • Katy, TX
  • Posts 213
  • Votes 109

Welcome to BiggerPockets @Alejandro Herryman

Are you investing in the San Juan Metro area or elsewhere? Also, who do you plan to market your rentals to? I have a family member that owns residential buildings in Mayaguez and other parts of the island and he tells me that things are getting really tough to keep them rented. In his building in Mayaguez he has 2 vacancies for the first time in over 8 years and he has been steadily decreasing rent prices for the past 3 years in order to keep the other units occupied. 

Thanks, 

Dennis Rodriguez (originally from Guaynabo City, now in Houston, TX) 

Post: Is Katy Saturated ?

Dennis RodriguezPosted
  • Wholesaler
  • Katy, TX
  • Posts 213
  • Votes 109

Problem with Katy is that everyone and their brother is looking to invest there... :)