All Forum Posts by: Johnson H.

@Ben Hughes I hear you. I've must of emailed over 20 agents and scared most of them away since they never responded to me. I think I've found one, but its hard to find one in a hot market as there are buyers even at the wrong prices!

@Eric Kennedy There are a lot of rehabbers in the REI clubs down in SJ. I would go to the meetings and start getting business cards. I would also contact hard money lenders and see who they do business with. I would be interested too if the deal has enough meat on it.

I invest in an area that is 2 hour flight away. My best advice is to find a great property manager. Interview a bunch and find one that would treat your money like their own.

@Chris Kirby - I think its a good idea to let them know you are out of state and you can say that your friend 5 minutes away will be doing drive by's from time to time.

Hi @Sharon Tzib. I'm looking for a SFH agent to start off with, but I am open to smaller MFH opportunities as well.

Hi Eric! Competition in the SF Bay Area is fierce. However, if you can get the deals, there will be a long line of buyers for you. Good luck!

@Jon Holdman - I would have to pay up for Pro then if I wanted to post in the Marketplace forum right?

Hi Everyone,

I've been an investor for a few years in Phoenix and now looking into the Houston market for rentals. I've joined all the local REIA groups via Meetup and a few wholesale lists. I was wondering if someone could recommend a good investor oriented real estate agent? I searched BiggerPockets but didn't see any stand out recommendations. I am looking to invest in the Katy, Spring, Cypress and Tomball areas.

Thanks,

Johnson

Brian, I would look for another lender. Keep calling until someone can help you. Some lenders have lax underwriting and maybe able to take into account your rental income. I contacted 20 lenders and 5 came out that could potentially help me. I shopped between the 5 to get the best rate and discount. Don't give up!

I have been looking at rental real estate in Houston and this may fit my requirements. Could you PM me the details on the property? Thanks!

Nice to see another fellow BP member with the last name of Hong!

When I deal with friends and family, I vet them to see how financially savvy and well off they are. When I feel comfortable with them, I will mention an equity split. If they cannot bear they fact to lose money, I will give them a promissory note at 8% so that if the deal becomes a loser, the loss is only on me and it won't harm the relationship with the friend or relative.