All Forum Posts by: Justin Vogelgesang

Hey @Lauren Lockett I think you'll find a lot of like-minded individuals in this community. You should definitely check out some of the meetups in DFW also! Those are great for networking and learning from some of the experienced real estate professionals. 

Side note: even newbies here have something valuable to bring to the table, so don't be shy to post or answer questions.

You can find local wholesalers at networking events and browsing the investment real estate groups on Facebook. I have two multifamily properties available now and get them regularly, feel free to reach out if you need help finding those kinds of properties! 

@Jay Hinrichs with any investment the buyer should always do their own due diligence and not submit down payment unless they're serious about a purchase. That's standard across the industry. New Western doesn't guarantee ARV or give rehab budgets though. We do however provide comps and a CMA, and almost all of our past buyers have met or exceeded their anticipated ARV.

Hey @Jake Jones, feel free to reach out if you have any questions about New Western. I'm an agent at the Fort Worth location

@Lucia Rushton it's along the lines of wholesaling, but my brokerage does a double close on our deals instead of assigning contracts. So yes, our model is buying and selling off-market properties. It is also true that some wholesalers take too much meat off the bone, but that's a different approach to business than ours.  

@Eric Guy you can still get your commission. I'm a Realtor and I mainly sell off-market deals

Hey @Curtis Walker, I think the best way to connect with investors is through the local real estate meet ups. There's a couple threads here on BP that advertise those events and there are two coming up this month. Connecting with wholesalers and Realtors is another quick way to get your name around

It depends on why you're expecting the EM back. Typically if a buyer defaults on performing their end of a contract, that money is not returned. If title is not clear, then that should be a different situation. It will mainly depend on what contract you signed with that wholesaler though. 

That will depend on how much you want to spend of course. I personally like the Fort Worth suburbs, or even in the city itself. I think you'll get more for your dollar there. Dallas and Austin are very stable areas but can have a higher price point. Arlington is worth a look, Burleson, Mansfield, and Grand Prairie too

@Izu E. I would definitely suggest looking in some of the Texas markets. Texas has been on the receiving end of some of the largest increases in domestic migration over the last few years, which I would definitely consider a big factor when buying real estate for long term purposes.