All Forum Posts by: John W.

Joel DeLuca
thanks Joe.

Thank you Carlos!

Grant Kemp

thanks Grant!

Jon Klaus
My main focus right now are 3 bedroom/ 2 baths. 1200-1700 sq ft. right now. i will enternain other ideas, but this is my focus as I see it fitting my niche the best.

Greetings from Dallas! I wanted to take minute to introduce myself here properly. I joined BP back in the spring of 2012 as I had just purchased my first investment property. I was searching for info to my many questions and am happy that I stumbled upon this community. I have been recommending BP to those I think would find it helpful.
Like I mentioned, I purchased a 3/2 sfh in early 2012. I rehabbed it and have a tenant in the house. I closed on the 2nd in December and it is currently "under construction."
Growing up My Dad had roughly 20 sfr's that I got to have "rent house parties" at while growing up. These were not traditional parties as you my have been lead to beleive. this is what he called it when we would get the lawn mower, brooms, and tools and spend the weekend working. Needless to say when I showed an interest a few years ago he has been a good mentor and lead my in the right direction. He believes in answering my questions and giving advice, but allowing me to learn from experience.
My Goals are to build a "small" portfolio of SFR's while the market allows solid cashflow. Using that cashflow to hopefully get into some commercial deals. My wife and I work full time and no kids yet, so it should allow us to save the money for bigger projects. Thanks a ton to those of you who provide your time an knowledge to give good advice and share your experiences. I hope I can add some positive contribuitons as well.

John

my mistake in placing this in the commercial real estate forum. I am working on fixing this, but if i don't, please know i am inquiring about a residential HUD home. thank you.

I looked at a house that is being sold by a "bidding" process. I sent my real-estate agent my offer. After filling out some info, he found out it was unavailable to investors. I know many of you have come across this before, but please let me know how this has worked with your experiences. Is there any way around this? What is the reasoning? Do they not want you to flip? I would be doing a small rehab and renting the house out. Have you found that after the initial bid, they change it to allow investors? Any input is appreciated.

thank y'all for commenting and your input. I am new to RE investing. It is in my family, but trying to make my own path . BP has been a wealth of knowledge.
thanks,

When inquiring about a property on craigslist, I spoke with someone from New Western Acquisitions. He wants to meet tomorrow..........Can anyone give me your thoughts if you have experience with them? what do they do? honest ect? do they want money? i have been to their website and know they have some presence here on bigger pockets, but I am looking for comments from 1st hand experience. Thanks for your help.