All Forum Posts by: Barry Ratliff

Anyone have experience as HOA Management in what happens to revenue when property owners losing their houses? Does HOA have loss of income insurance or some fund to make up the losses until owners get property rehabbed or built? I'm curious.

Unrelated to HOA but if homes won't pass the safety engineered designation, who demo's house and haul off and when does HOA or city make owner to remove?

@Parker Reyna it has been driving investors to my area, raising prices, traffic, crime and taxes. I'm in Bell County.

I have a Home that gets alot of interest wanting to owner finance. I'm not in position to do so, but are there people or companies who would buy my existing home to owner finance to that buyer? Property is on 1 acre in Central Texas, Temple TX, that has complete gut job rehab priced at 300k. Let me know please. Thx.

@Travis Rogers are you interested in listing these on mls? I'm a investor friendly broker on Temple and mls will yield highest returns unless you just wanna work direct with investors ar a discount. We can discuss further if you want.

@Ronny Roktel hello Ronny, welcome to the REI world. I'm Bell Co investor and investor friendly broker. You can dm me.

@Brandon King I am a Temple Tx broker and don't mind giving comps. Relationships is how good realtors survive in the business. Hit me up. BarryRatliff.com

Quote from @Andrew Hogan:

@Barry Ratliff what strategies have you come across having been in the business yourself since 1986?

Unfortunately I did not plan. Starting in new home sales rising to VP of sales and marketing for local builder for 13 years, then starting own real estate company(1000+ transactions), home building(400+ homes) and land developing(300+ lots) for 11 years, mortgages(40+) for 3yrs, self brokerage sales along with fix and flips(60+ flips) to present. Going through 3 recessions in that timeline, I would have set backs along the way. Never owned rentals due to using capital to buy land and build my businesses. With the mortgage crisis in 08, I liquidated all my assets to pay off all my creditors, suppliers and other liabilities and basically started over. In last 4 years of fix and flips along with wholetaling, I have made more $ on my own with good cash reserves to pay cash or JV with other investors to buy property with cash along with brokering real estate. Now I am seeing that I need passive income to not work as hard to maintain my current lifestyle and enjoy assets I have along with vacationing and not worry about being unemployed every time I sell a property to find another to fix and flip. Would much rather have some balance. Now at age 61, I missed the boat years ago to plan for what I need today. I have many examples of generating income but none passively. Hope I didnt bore you.

Looking to invest in low involvement real estate passive income strategies in Texas.

Glad to see so much information and knowledge of my market in Temple, Bell Co area. In past on BP, hardly anyone commented. But today, many posts. I'm a long time resident of Temple Belton and a broker, investor, general contractor. I've seen immense growth since 1986 but only recently last 4 years that it's spiked. I've always said Bell Co was like a good mutual fund. Slow and steady. Not now. I divide Bell into 2 sides as East and West Nolanville Hill on IH14 being the divider line. West has caught up in value to East in recent years appreciation but rents are higher in the East. To yield 1%, it's still obtainable but getting out of reach I think next year. In Temple Belton there less than 13 sf homes under 200k. As far as MF, pricing vs rents are getting out of reach but have stable rents. Overall you can see appreciation steady increasing while rents cooling since there has been a increase run up recently. GL in your search.

@Kaylee Pratt being a broker, all investors say they like investor knowledge of areas.