All Forum Posts by: Lola Aboyeji

I'm looking to househack first, so I've started looking at properties that would work for me. I have analysis paralysis since most multifamilies in Houston are overpriced while there are hardly any in Sugarland/Katy.

0 Votes

Houston, Texas

I don't know how the reply button works yet. Thank you all for the response. I'm looking forward to the next meetup in Katy.

@Julio Gonzales see there's one happening in Conroe today.

0 Votes

Houston, Texas

Originally posted by @Matt McGuire:

I’m hosting one tomorrow night in Conroe. I know it’s a ways from southwest Houston but the more the merrier!

It’s at the Pacific Yard House from 5:30 to 8:30ish

Awesome, thanks Matt! Is there a sequence to the meet up day? Like every 3rd Thursday of every month.

I'm asking in case any other newbie is looking for Houston area real estate events.

0 Votes

Houston, Texas

Originally posted by @Ethan G.:

We do one in Katy every 2nd Tuesday night.

Thanks for the response and pm Ethan. I look forward to joining the meet up.

0 Votes

Houston, Texas

I'm looking for real estate meetups/ networking events in Southwest Houston TX. Could you please post a link below, if you know of any?

1 Vote

Houston, Texas

I'm looking for real estate meetups/ networking events in Southwest Houston. Please how do I find one?

0 Votes

Houston, Texas

Wow! Inspirational story. I would love to hear the full gist on a BP podcast.

0 Votes

Originally posted by @John Wijtenburg:

My answer may seem like I'm punting, but it's an important lesson. Patience is essential.

That said, there are a lot of active steps you can take while sitting in a passive, patient position.

Build relationships with major deal sources - brokers, owners, and influential third-parties
Underwrite every deal that seems to make sense
Find a small group of trusted advisors (your "kitchen cabinet") that can answer questions - BP is great for this
Put out some offers at the prices that make sense in your evaluation - even if you don't win the deal, this will give you a taste of the process

As far as analyzing deals, my strategy is usually macro-driven. I look for locations with a great economic fundamentals in-place - solid rental demand, good area demand drivers, and reasonable barriers to new supply.

After that, it's all about the deal.

Get to know a submarket better than any of your competitors - rental comps, sale comps, new developments, active players, etc. After that, underwriting each deal will become a breeze. You just drop it into your template.

Thanks a lot for the input.

0 Votes

I want to take the leap into real estate investing with my first home -- so looking to buy 3-4 units in Houston TX market. But most of the properties I find are a bit too expensive

How do you analyze deals. What are the things you look out for as an investor. Your comments will be appreciated.

0 Votes

All Forum Posts by: Lola Aboyeji

Lola Aboyeji has started 2 posts and replied 9 times.

Post: Lets beat this dead horse....

Post: Houston Real Estate Meetup

Post: Houston Real Estate Meetup

Post: Houston Real Estate Meetup

Post: Houston Real Estate Meetup

Post: Multifamily Units in Southwest Houston

Post: $1,300,000 Deal at Age 21 & I'm Retired!

Post: Taking a leap into Houston real estate

Post: Taking a leap into Houston real estate