All Forum Posts by: Jordan Decuir

Where are investors who have their RE license in the Houston area hanging their licenses? Specifically, which are the best brokerages for investors? Which are the lowest cost?

I’m going to check it out. I assume I will find it on the Meetup app. See you guys there

I ran across and have heard about Brad Sumrok, has anyone got any input around their experience with his mentor group?

Thank Brian Eastman So I would not be able to contribute up to $52,000? I would be capped at $18,000 total (all contributions combined)?

I have a w2 job with an employer-sponsored 401k, if I were to earn side income from commissions as a real estate agent (1099 independent contractor) could I invest in a Solo 401k?

I have WAAAAAAAAAY more BP colleagues... only because I don’t have Instagram. 🙂

Daniel Jarvis In my opinion, if you can get nearly $100 per door without putting any cash in then you are killing it. You would be unlimited in your ability to grow your portfolio if you can do that. To me, the key here is that you aren’t using any of your own cash...kind of the REI holy grail

I think that narrowing down properties is exactly what you should be using it for, like you are doing Daniel Basaldua Keep analyzing properties frequently and regularly and you will become very adept at doing so. If you can thoroughly analyze one property per day (5 per week) then you will get very good at it in no time. Keep up the good work buddy. Good job and best of luck.

Daniel Basaldua I use those rules just as rules of thumb to narrow down the large universe of available properties to a smaller universe of properties that have potential to be good investments. Then, dive deeper into those properties and REALLY do the granular analysis and kind of throw out all the rules of thumb generally speaking. Go through all of the income and expense items individually and come up with the most-sound estimates that you can to analyze a specific property...rules of thumb are great though to allow you to dig through all of the noise and get to the real potential deals.

Anybody know of any good meetups here in the Houston area that is more multifamily oriented? I know that there are a fair amount of REI meetups especially here in the Houston area. Most tend to be focused exclusively on single family, which is fine and what I am most familiar and experienced with but I want to network in the multifamily space here locally.