All Forum Posts by: Stanley Okazaki

I won't ever understand how some people can live the way they do. 

@Andraise Scott well in your case the agent you're working with probably doesn't quite understand the investor side of things. The thing about working with investors is that, unless they have a reputation behind them there's no way to really know if they're serious buyers. 

And yeah, for the most part these investors that toss out multiple low ball offers are either agents themselves or have an agents in house.

It should not take her 2 hrs to fill out a contract. Personally I don't like the idea of putting in 20 low ball offers with the intention of only purchasing one. I understand this is a strategy & it works in some cases but eventually you'll develop a bad reputation with listing agents. 

Obviously I don't know what kind of working relationship you have with this agent but maybe she's looking at it the same way I am. 

I consider myself a very investor friendly realtor, but if an investor came to me and told me to write up 20 different lowball offers with the intention of only purchasing one, I would politely decline. 

In my county I can go to the county recorders website and search all probates/ executors. Your county may or may not have a website where you can get this info. I would call the county recorders office and ask them how you would get this info. Often times they don't understand your question so you have to find out a different way to ask you question.

This is what my county recorder's website looks like. https://gov.propertyinfo.com/tx-montgomery/

If you have the experience or know someone that does, I would say go invest in real estate. Fixer uppers may not be the best way to start if you don't know what you're doing. House hacking may be a great way to start. 

If you'd rather wait to flip your first house I would learn more about flipping homes, or find a mentor then go flip a house. Point is, I wouldn't pay off the student loan if I we're in your shoes. 20K can go so much farther in real estate, assuming you know what you're doing. 

Good debt is better than no debt.

Smart...thanks for sharing.

@Kelly Whitley Welcome! I would highly suggest getting your license. I can't list the number of advantages that come with having your license because there are so many.

Although you can find deals on HAR those are typically snatched up buy more experienced investors that can have an all cash contract in within hours. If you're looking for buy & hold properties you'll have a much better chance at picking up a property from HAR because you can probably pay a little more for a property than an investor that's just looking for a quick turn around. 

Other places you can find deals are wholesalers but beware! I've been pitched hundreds of deals from wholesalers in the last 6 months and only about 6 of them had any potential. Wholesalers usually work with what they call their "top 5". Pretty much a small group of investors that get pitched the deal before anyone else. Usually if it's a good deal these "top 5" pick it up right away which is probably why most of the deals that were brought to me weren't good. 

You can pick up a list of delinquent tax payers from the montgomery county recorder's office. The list costs about 10$ and includes the name & addresses of all homeowners that are delinquent on their taxes ( motivated sellers).

You can also google "property info montgomery county tx" this is where you can get access to all notices ( divorce,probate,deed in lieu,state tax lien, etc.) -only for montgomery county.

Hope I helped....

You're going to need to contact their attorney/bank to let them know you're prepared to buy the property. If you're planning on wholesaling the property I'm not sure how it would work but if you're purchasing it yourself I think the banks may move the sale date back to allow for a sale.

Because he has dementia he may be considered mentally in capable. You may be accused of taking advantage of him so be very careful. 

I believe so, you're excluding group B because they don't fit into group A.

Personally, I see nothing wrong with what you advertised but the law is the law.