All Forum Posts by: Michael Orakpo

@Jay Hinrichs Understood. Although Dallas & Houston which are much alike, is nothing like SM/Austin area I could see what you mean. I lived in Colorado also, so I totally understand what you are saying. With that being said I love Texas, not a huge tourist State but great place to live IMO.

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Originally posted by @Jay Hinrichs:

@Bill Gulley we have just got to get you out to the left coast if you think those areas are cool... !!!

Have you Been to San Marcos in particular?

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Originally posted by @Bill Gulley:

If I ever move, I'll be down in San Marcos, I don't love everything about Texans, but I love San Marcos, reat little town close enough to San Antonio for anything you need or want. Love college towns and lakes, it's all there. Grab a tube and hit the loop with the kids, great time! :)

Loved my Time there great city!

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@Bill Gulley Haha nice story. Thanks for the insight...

@Baltazar Camacho Wassup man! Always good talking to my Bobcats or Longhorn grads. Yea I think I'm pretty much sold on the idea of being in Houston. I love the big city and want to live here longterm. Yea thats actually the goal, He knows he will be needing me to help with some of his investments pretty soon. PM me, would love to network with you and pick your brain on the business.

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@Fred Heller By smaller market I meant smaller but more expensive market. The average home in New Braunsfels , Kyle, Buda, San Marcos is around 300+ which is more expensive than Houston.

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@Steven J. Wonderful response. Thanks Maggie, as I said above yes I do feel like I could take advantage of the small market initially, but I would have to think what would be the ceiling in that area and whether or not I see myself living there longterm. Those are great questions that I will have to consider. Thanks

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I am currently looking at the Pros & Cons in being a realtor in a small market vs. a Big market like Houston, Texas. Please comment if you are in a Big or small market and why?

I love the idea of being a realtor in a small market, because you can sort of get into being a big fish in a small pond, and get to where everybody in the town knows you are a good realtor. Also, the town is where I graduated from and played ball, so I have a good presence in the area.

I also love the idea of starting back home in a big market like Houston, and taking advantage of different areas. Dominate and establish a presence in one area and start expanding out into the city. Big market= more houses/people

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Originally posted by @Ryland Taniguchi:

Originally posted by @Michael Orakpo:

Hello BP Newbie Here,

I am Brand new to the Real Estate world, but not the World of Sales. I'm young but have a good skill in sales, so I know if I put the time in over time it will pay off.

My question is which route would you guys consider, I love the idea of working at Networth Realty & selling wholesale properties to investors, but I also love the traditional route of working at Keller Williams & doing traditional transactions. If anybody worked for either company or knows about both please chime in Thanks!

I built my team at Keller Williams and just left. My team sold 152 houses last year and were ranked #19 in our region. With that experience in mind, I honestly don't think there is that much money in being a realtor even with a big team.

The problem with the Keller Williams model and I built the 7 Levels is that it keeps forcing you to be a realtor. The other problem is that everyone is following the same model so although you have proven systems you are running a commodity business. Getting Boomtown leads with lender MSAs and building your ISA team is all a commodity.

I am making literally way more money as a real estate agent not being a real estate agent. Focus on investing; it is way more profitable. Then hire your real estate team when you absolutely have to because they are overflowing with buyer leads.

I feel like Keller Williams distracted from making a lot of money as an investor... Although a good learning experience to add a brokerage to my network of companies owned.

PM me please would like to hear what you mean by "not enough money" and how you started making a lot more on the investment side. How on earth did a team doing 152 not bring in a lot of income? Thanks Ryland.

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@Ryan Landis Thanks for the reply. I think I definitely enjoy working with home buyers and sellers so I will go that route because thats where my passion is. Thanks again for the advice.

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Congrats on your first buy and hold!! Goodluck yo future investments & keep pounding !

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All Forum Posts by: Michael Orakpo

Michael Orakpo has started 4 posts and replied 26 times.

Post: Are you in a Big City or Small City & Why? Comment Below

Post: Are you in a Big City or Small City & Why? Comment Below

Post: Are you in a Big City or Small City & Why? Comment Below

Post: Are you in a Big City or Small City & Why? Comment Below

Post: Are you in a Big City or Small City & Why? Comment Below

Post: Are you in a Big City or Small City & Why? Comment Below

Post: Are you in a Big City or Small City & Why? Comment Below

Post: Wholesale Vs Traditional Real Estate

Post: Wholesale Vs Traditional Real Estate

Post: My first buy and hold