All Forum Posts by: Ikenna Okoye

Hi,

Can anyone recommend a good insurance agent/company in the Houston area that can provide landlord insurance? I've gotten pretty expensive quotes from the bigger companies like Allstate and am looking for something more cost effective.

thanks,

Ikenna

@Lamar Washington Thanks for the response and great tips. I definitely was leaning toward adding a name to give the message a slightly less cold and more personal touch. 

@Lamar Washington Do you typically include your name in these messages?

@kent rieves

Let me know if you have any questions, I did a SF house hack, in WA, but still a great learning experience.

Has anyone ever used HouseMax Funding as a Hard money lender? Their fees and structure look pretty good but I would like some testimonials about the company if at all possible. 

Hello everyone, I've been reading about the importance of having cash, or enticing offers when negotiation with sellers for purchasing property. I'm curious though, if you as a Wholesaler spend money to market, to pay contractors to give rehab estimates, are you expected to already have a buyer, your own cash, or prof of funds from a lender when you agree to purchase a property? What would a buyer expect, something like an earnest deposit? 

@Russell Ponce 

With the double close, I'm assuming that this is after rehab costs have been estimated, numbers look good and you agree on sale. Would you then be shopping the contract to buyers between signing the Purchase Contract and closing date? 

Hey @Cody Neumann,

Thanks for that insight. So it seems I might have to attack this from both ends in terms of marketing as well as looking for older properties. Just curious, do you cold call for your out of state properties or do you add them to a mailing campaign of sorts? 

Ikenna

Hi all,

I wanted to get a few suggestions if possible on value add investing. I'm looking to start marketing to out-of-state landlords, individuals involved in probate cases ect., but I realized with the BRRRR model, it might be better to go after properties in bad condition rather than doing a somewhat blanket approach. Is there a way to get lists of properties that need work, or is driving for dollars really the only way to go with this?

Ikenna

Hi @Jeremy Myers 

I would also love to attend. Please keep us posted!

Ikenna