All Forum Posts by: Marc Griner

Hey Charleine, that is exciting! I am in Houston as well and investing is a big focus of mine! I am always into sharing and growing!

Dang Tristan, that is AMAZING!

What is your timeline goal and do you have a budget?

Welcome Duman!  I have similar interests and in Houston as well. One of my friends Mathew Gullo has been hosting meet ups and I think they are doing a virtual one on the 29th. Here is a link about it. https://www.biggerpockets.com/...

Hey Steven, I live in the Cypress area (Rock Creek neighborhood) and would love to connect. I am an investor and have a real estate team and would love to connect and see if I could ad any value for you. Feel free to reach out.

Thanks, Marc

what area is it in?

Good luck Fabricio! Let me know if you find any opportunities. My kids go to Klein ISD, so I know the Spring area pretty well.

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $151,000
Cash invested: $16,000
Sale price: $199,900

Pre foreclosure was purchased with a deed in leu written up by an attorney which allowed me to pay her balance due, minor repairs completed and sold the property, all in less than 35 days.

What made you interested in investing in this type of deal?

Stumbled into it

How did you find this deal and how did you negotiate it?

same as above

How did you finance this deal?

none needed

How did you add value to the deal?

Paint and carpet

What was the outcome?

Profit of just under $33k in around a month.

Lessons learned? Challenges?

Should have purchased it, leased it and refinanced out. BRRRR

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

I am a realtor

I am new to BP as well and live in the northwest, Cypress-Tomball area and work in the Galleria area. I am looking to grow my net worth and excited to network with everyone. Oh, I also have a successful real estate team that focus's on luxury real estate but loves to help people! I plan to educate myself, my team and my clients on the value of investing. My goal is to help 5 people become net worth millionaires!

I am new to this forum and I am looking to grow my net worth and cash flow for the future. I make great income with my real estate team in Houston, high credit score and having trouble deciding where to start. I would like to keep my initial personal cash costs below $50-60k on the first opportunity. I recently closed on a minor repairs flip that was a pre-foreclosure. (I wish I would have kept it and refinanced out to keep as a rental - BRRRR) Find an under market property to rehab in a suburban area with good schools or to an area closer in town where it is re-gentrifying and looks like property values increasing rapidly? The potential tenants in the suburbs might be easier to deal with. Any thought or ideas welcome.