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All Forum Posts by: Eliott Elias

Eliott Elias has started 12 posts and replied 9587 times.

Post: Local House Hacker/Investor looking to network!

Eliott EliasPosted
  • Investor
  • Austin, TX
  • Posts 9,861
  • Votes 5,555

Hey Devin, would be happy to connect. 

Post: Looking to build a home in the GeorgeTown TX, area. Need advice

Eliott EliasPosted
  • Investor
  • Austin, TX
  • Posts 9,861
  • Votes 5,555

Joseph, 

I would have someone come out to perform a feasibility study on the land. They would be able to give you your restrictions, how many units you can build, if it connects to utilities, etc... There are many land development engineering companies that do this. 

Post: Wholesaling contract and advice?

Eliott EliasPosted
  • Investor
  • Austin, TX
  • Posts 9,861
  • Votes 5,555

Manuel, 

I would consult an attorney. One way to know you are dealing with a wholesaler is if they add “and/or assigns” next to their name. This clause gives them the authority to sell the property or assign the property to another buyer.

Post: Contributing Agent Commissions towards Cash-to-Close

Eliott EliasPosted
  • Investor
  • Austin, TX
  • Posts 9,861
  • Votes 5,555

@Ryan Roberts not sure I understood the situation, but you guys aren't reaching a 20% down payment even with your commission added to closing?

Post: Buy & Hold SFRs Killeen TX

Eliott EliasPosted
  • Investor
  • Austin, TX
  • Posts 9,861
  • Votes 5,555

@Lawrence Ratliff Hey Lawrence. Many investors are making their way over to Killeen. I can put you in touch with an agent who lives and breathes Killeen. Shoot me a message 

Post: Pouring a parking lot

Eliott EliasPosted
  • Investor
  • Austin, TX
  • Posts 9,861
  • Votes 5,555

@Dana Achten Hey Dana, depending on where the property is located I would make sure you pull proper permits from the city and follow code. If you need a contractor for this job I can recommend someone. 

Post: New investor in Austin, TX

Eliott EliasPosted
  • Investor
  • Austin, TX
  • Posts 9,861
  • Votes 5,555

Hello BiggerPockets community,

I am a newbie looking for an investment property in the Austin area. The market is tough right now and has been difficult to find any properties that cash flow or that I can flip. I work full time as an engineer but one day want real estate to be my full time occupation. If y'all are in a position to give any sort of advice I would love to connect and learn from you. See what kind of strategies you guys are pursuing. 

Thank you