All Forum Posts by: Nikolas Ferreira

i think its more of a mix at least for me that's how its been, and yes i'm pretty new to this as well. 

i'm working with a agent, i'm trying to network with other investors, flippers, wholesalers, etc. 

there a few local groups that have meet ups a couple time a month all around town. 

on the weekends i go the the neighborhoods i see myself owning a rental property and drive around looking at any for sale signs, distress looking homes, grass that hasn't been cut in a while stuff of the sort. 

on the podcast your hear a lot about yellow letter and cards being sent out. the MLS is a great place to look. websites such as HAR, Zillow and others as well can be very helpful.

sorry i wasn't of more help just trying to share what i learned in the last 6 months or so here on BP. 

here is the pdf version of it if you are interested.

https://bp-v-newproduction.s3.amazonaws.com/upload...

Hey Ryan, Welcome to BP. You should look at the UBG free book here on BP it's a great source of information. I'm a new hopeful investor as well. Working with a realtor and a partner looking for our first flip. We should connect in the future to bounce ideas around!

Sounds like a really good deal from my side of the screen. congrats on the purchase !

welcome to BP. check out the beginners guide. here https://www.biggerpockets.com/real-estate-investin...

great info for newcomers!

Welcome to BP.

the Podcasts are a wealth of knowledge and a great place to start. 

i see you are a agent here in Houston, do you specialize in a particular area of Houston? and what kind of sales are you normally involved with?

tchau!

Cody Barrett hey Cody, the DIY's can get complicated and costly fast. A friend (thought he was an electrician from watching the pros do it) and tried to re-wire some light fixtures, giving the rental a more updated look. Well long story short he saved on the electrician but ended up causing a short that fried all his appliances and nearly set fire to the place. Get to know a good Local insured handy man or do like me and become friends with a good General contractor. Anything I need for my house I hit him up. And now that I will be also buying my first rental property I already told him to be ready for anything that might come up. Since we are friends prior to business dealing he doesn't jack up the prices on me, and still makes a living.

Great thank you both, i will get started on that right away! @Rachel Pervis& @Michael Fortier

Hey Everyone,

i was referred here by a friend that is a member on here. 

pretty much i've been thinking about starting to invest in rental properties here in the Houston area and want to get more information, on best practices, such as opening a llc, or doing it under my name, financing etc. any tips are appreciated. 

thanks

nick