All Forum Posts by: Haider Alazzawi

This is still the biggest mystery in the REI universe, at least to me. Honestly I think 'investor-friendly' means nothing more than low-cost & affordable, at least for 90% of the investor population.

Maybe there is a bit more to it.

I found one, purely by accident, that added serious value by paying for services that she knew I would need, like unlimited professional photography and staging. The staging part especially, because I would have almost certainly blown that off -- she just did it. And we sold the place $15K over the original ARV so it worked. Never even had an open house -- we had multiple offers before the weekend even rolled around.

She offered to cut her commission to 2.5% instead of 3% but I told her she really didn't need to do that. She did it anyway. So I am promoting her all over town, so make sure she gets her discount back in spades.

On the buy side, man, that's tough. You can find one that will set up a couple of automated searches for you in the local MLS and keep an eye open, but those are so rare that they eventually just forget about you. And you have be pretty specific as to what you are looking for.

Don't expect them to run comps, find another way to do that on your own, they just don't have time.

Is she on BP? if not, can you share her contact info?

Thanks

1 Vote

Chicago, Illinois

Hello,

I am moving to Houston area soon and interested into investing in RE. Just looking around and trying to understand Harris county from all aspects.

I see some good opportunities with SFHs in the area. I want to flip and hold. I have the cash to start that. These two properties bellow are for the rental side. The numbers look good especially is I can do some of the updates on them. Basically looking for properties to BRRR.

https://www.redfin.com/TX/Houston/5503-Elm-Tree-Dr...

https://www.redfin.com/TX/Houston/4227-S-Acres-Dr-...

The two links above are two properties that are similar to many properties i see often.

As a newbie, do you guys recommend this area to start with? am I missing something?

if not a good area, where do you guys recommend looking in Harris county as for buy and hold and flips?

Thanks

Haider

0 Votes

Josh,

Congratulations....... I am moving to Houston area this summer and looking to go full time investing in RE.

It is imperative for newbies like you and I to connect with as many like minded ppl as we can. Try to focus on a target area and get to know it very very well to minimize the chances of buying the wrong deal.

Try to connect with investors, wholesalers, contractors, agents, attorneys....etc. I am trying to do the same thing so when I go into investing and need help I will have some ppl to call and ask.

just my two cents.....

Haider

1 Vote

Originally posted by @Jessica Wygal:

Hey Everyone! I know this is an old post but it was very valuable for me, thank you for that!

For those that commented with the suggestion of CL ads...can you elaborate a little bit on that? What kind of content are you posting exactly?

Thanks Jessica for finding these old posts, they are very informative.

0 Votes

fantastic job...... keep it up

0 Votes

Houston, Texas

I was think about the same and looking at the same condos..... There are many risk buying these condos beside the the fact there are in so so areas.

- HOAs tend to be high on these condos, averaging 250.

- appreciating is is was slower than SFHs.

- Many complexes have issue with bad association, some case they dont even have a reserve. which sometime make the association to raise the HOA at any time with no prior notice.

- selling these kind of condos is a pain. Who would buy them? not an investor, not someone with kids ( size and area issues)..... so there is limited number of ppl that would be interested in these condos.

1 Vote

Houston, Texas

Moving to Houston and interested in meeting couple realtors to get started .....

0 Votes

Best of luck and much more respect for taking the first step, which is the hardest. I wish I am in Houston but will be there in the summer. Would love to meet you and have a chat with you.

0 Votes

All Forum Posts by: Haider Alazzawi

Haider Alazzawi has started 3 posts and replied 38 times.

Post: What Should An "Investor Friendly" Real Estate Agent Do? Thanks

Post: Questions about SFH in south Houston

Post: Rookie from Houston (Spring), TX

Post: Lead generation for agents

Post: One more Flip down, trying to Finish up next one & keep it going.

Post: Low End Condos as Investments - Houston SW

Post: Looking for a good Realtor in Houston, TX !! Recommendations?

Post: Houston Investor Committed to Making Dream a Reality