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All Forum Posts by: Matt Wood

Matt Wood has started 3 posts and replied 15 times.

Post: Real Estate Meet-Ups in Cypress

Matt WoodPosted
  • Cypress, TX
  • Posts 15
  • Votes 2

I don't have FB, can you add me to tonight's meet up if it is still happening. Thank you.

Post: First sit down with an experienced investor, what to ask?

Matt WoodPosted
  • Cypress, TX
  • Posts 15
  • Votes 2
Originally posted by @Shaquille McCray:

Hey brother, 

I guess this is more life perspective than real estate perspective but I have had the opportunity to sit down and meet with some pretty amazing people and the number one thing I think you can do for yourself here is solidify the RELATIONSHIP!

Instead of having the whole conversation based around what you are trying to get out of it or what you can learn from him make sure to ask him about his story. How did he get there, what motivated him to get started initially, what are some of the biggest successes or mistakes he's had, what would he go back and tell himself if he was starting off as a newbie. Talk to him about fishing, does he have a family?

One of my personal favorites to inquire about is what is he currently working on what are his current goals and what can you do to help him get there. Even as a new investor, every body has some type of value to offer, it could be money for one of his investments (which could be less than you ever think it has to be), could be time and effort that you can offer him to find more deals or maybe you have a construction background. 

When you present yourself as someone that is interested in the relationship (and hopefully you genuinely are) you'll find yourself meeting with him more and gaining value far beyond what you think you need to know going into this first meeting. Good luck brother, I hope this helps, I genuinely think this is the best thing you can do when seeking a mentor. 

 This is awesome advice and exactly what I intend to do.  I will definitely be offering to help in any way possible as a sign of gratitude.  I am a new home construction manager so I am sure there will be something I can offer. 

Post: First sit down with an experienced investor, what to ask?

Matt WoodPosted
  • Cypress, TX
  • Posts 15
  • Votes 2
Originally posted by @Eddie Werner:

I would just ask him if he could share his story of how he got started and why he chose real estate.  Questions and comments will naturally develop during the story.

 Sounds like a great way to start it off, thank you. 

Post: First sit down with an experienced investor, what to ask?

Matt WoodPosted
  • Cypress, TX
  • Posts 15
  • Votes 2
Originally posted by @Account Closed:

I wouldnt even bring up real estate.   Let him do it.    Its more important to see if you get along.

 He has offered to talk about real estate.  

Post: First sit down with an experienced investor, what to ask?

Matt WoodPosted
  • Cypress, TX
  • Posts 15
  • Votes 2

I am getting my first opportunity to meet with an investor that is  doing this full time and willing to let me "pick his brain".  He is a buy and hold investor with a few flips every now and then in my area.  I have never met him and hope to at least make a good connection/mentor.  If anything else a new fishing buddy.  I ran across a post on investing he put up on a local fishing forum we are both on.  I'm pretty nervous and excited at the same time and loaded with questions.

I don't have my first deal yet but looking into rentals and flips as well. I have a list of topics/questions ready but was wondering what any of you might ask or discuss if given this opportunity?  

Post: Rental Management companies

Matt WoodPosted
  • Cypress, TX
  • Posts 15
  • Votes 2

Thank you everyone for all of the input.  

Post: Rental Management companies

Matt WoodPosted
  • Cypress, TX
  • Posts 15
  • Votes 2
Originally posted by @Todd Faulk:

Hi @Matt Wood, what area of Texas are you looking for recommendations?  Greater Houston or another metro?

 I live in NW Houston

Post: Rental Management companies

Matt WoodPosted
  • Cypress, TX
  • Posts 15
  • Votes 2

Danny, thanks for the referral.  

Post: Rental Management companies

Matt WoodPosted
  • Cypress, TX
  • Posts 15
  • Votes 2

Just doing some research.  

Does anybody have any reliable management companies the currently use and like? Or, do you have any companies you would suggest steering clear of?

Post: Used Appliance S&D stores in Houston

Matt WoodPosted
  • Cypress, TX
  • Posts 15
  • Votes 2

Acceptance Appliance at 249/beltway has discounted appliances that are cheaper than the box stores but maybe not as cheap as a S/D place.  They offer new appliances that were damaged in shipping to the box stores or the box store has too much in inventory.  I saved $1000 on my personal fridge there.  They are mostly GE appliances