Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Phil Avery

Phil Avery has started 13 posts and replied 69 times.

Post: Looking for Property Management Recommendations in Vero Beach, FL (Indian River Count

Phil Avery
Pro Member
Posted
  • Investor
  • Houston, TX
  • Posts 70
  • Votes 41

Hey BP community!

I’m currently searching for a reliable property management company to manage a single-family home in Vero Beach, FL (Indian River County). I’m looking for recommendations for companies that have a great reputation, are honest, and provide high-quality service without overcharging for their management fees.

If you’ve worked with a property manager in the area or know of any companies that stand out, I’d appreciate your insight!

Thanks in advance for any suggestions!

Post: How To Find A Deal In This Market

Phil Avery
Pro Member
Posted
  • Investor
  • Houston, TX
  • Posts 70
  • Votes 41
Quote from @Gino Barbaro:

@Phil Avery
when you've made as many mistakes as I have, you're bound to start winning!


 Love it. 100% Agreed. 

Post: How To Find A Deal In This Market

Phil Avery
Pro Member
Posted
  • Investor
  • Houston, TX
  • Posts 70
  • Votes 41
Quote from @Gino Barbaro:

@Sean Allen Fenn

Most deals haven't penciled. The goal is to get to know as many brokers as possible, and to be top of mind.

Once you start going on property tours on deals that suck, brokers will start saying things like, Hey I've got this deal coming up next month. Wanna take a look at it?

It's all about consistency, and follow up. And brokers don't want tire kickers just calling them for deals, and they don't want to go out for a cup of coffee. They want to know you're serious and committed. And when they do send over a deal, you have an answer by day's end.

I wouldn't call it a tactic, I would call it a process, repeatable and consistent.

Gino for the win once again! Great insight. 

Post: Empowering Young Investors: Guiding My Teen into Real Estate

Phil Avery
Pro Member
Posted
  • Investor
  • Houston, TX
  • Posts 70
  • Votes 41
Quote from @Erica Calella:

I love the idea of this!!


Absolutely! I can’t think of anything more fulfilling than igniting those light bulbs in the minds of our youth. Financial literacy and investing are crucial skills that, unfortunately, aren’t taught in schools. Given that investing is often more about time in the market than timing the market, it’s imperative that our youth learn these foundations early. The impact this knowledge can have on their futures is enormous! I'm looking forward to this journey for sure! 

Post: Empowering Young Investors: Guiding My Teen into Real Estate

Phil Avery
Pro Member
Posted
  • Investor
  • Houston, TX
  • Posts 70
  • Votes 41

As a father and a real estate investor, one of the most fulfilling experiences I've had is guiding my 16-year-old son into the world of real estate investing. It's amazing to see the next generation take an interest in building wealth and understanding the power of smart investments from such a young age. I've got a 7 year old daughter as well who wants to own mansions lol. smh 

I believe there’s a huge opportunity to empower more young people with the knowledge and tools they need to get started in real estate investing. That’s why I’m considering creating a free website packed with resources, tips, and lessons specifically broken down for kids and teens. I’m also exploring the idea of starting a nonprofit dedicated to this mission—helping youth get acclimated to real estate investing and setting them up for a financially secure future.

If anyone in this community is interested in contributing or being involved in such a venture, I’d love to connect and discuss how we can make a bigger impact together. Let’s pool our knowledge and resources to create something truly meaningful for the next generation!

Post: Looking for Wholesalers in Houston, TX

Phil Avery
Pro Member
Posted
  • Investor
  • Houston, TX
  • Posts 70
  • Votes 41
Quote from @Selina Jackson:
Quote from @Phil Avery:

Hey Everyone,

I'm currently looking to connect with wholesalers, investor-friendly Realtors, and builders in the Houston, TX area.
Here’s a brief description of my buy box:

  • Property Types:
    • Single-Family Homes
    • Small Multi-Family
    • Apartments (under $1M)
    • New Construction properties with strong builder incentives
  • Price Range:
    • Single-Family Homes and Small Multi-Family: Flexible, depending on the deal
    • Apartments: Under $1M
  • Location: Anywhere in Harris County, with a preference for properties in the Metro Houston area
  • Condition: Properties needing light to medium rehab or offering value-add opportunities

I am also open to working with investor-friendly Realtors. (Disclaimer: I am a Realtor myself as well.)

If you have properties that fit this criteria, I'd love to get on your buyers list.

Please feel free to reach out and let's discuss potential opportunities!

Looking forward to connecting with you all!!


Hello Phil! 

Reach out! Call/text/email or message me here anytime! Would love to work with you. Right now I have one off market with tornado damage that seller agreed recently to sell for a lower price at 88k that includes closing costs, and one by same seller on market but greatly reduced and I have permission to sell it for 160k. It's listed at 204k online now. Both need updating and here in Houston. And I know of homes with loan assumption between 2.75%, 3%, 4.25% and 5.25%. Some are in San Antonio also. I've found land listed in North Houston for 15k an acre in large tracts, etc. I'm in close contact with a new homes sales manager with communities in several areas here also and she said many investors have been buying them to use solely as rentals this last few months so definitely can show you those as well. Let's talk!! 💗


Hey Selena, 

Thanks for reaching out! I'm definitely interested in learning more about the properties you mentioned, especially the reduced-price property in Houston. The new community properties and the land in North Houston also sound intriguing. Let's connect and discuss how we can work together on these deals. I'll message you!

Post: Looking for Wholesalers in Houston, TX

Phil Avery
Pro Member
Posted
  • Investor
  • Houston, TX
  • Posts 70
  • Votes 41
Quote from @Morgan Tondre:

I can recommend @Selina Jackson as an Investor-friendly realtor! 


 Thanks for the recommendation! Most appreciated ;)

Post: Looking for Wholesalers in Houston, TX

Phil Avery
Pro Member
Posted
  • Investor
  • Houston, TX
  • Posts 70
  • Votes 41

Hey Everyone,

I'm currently looking to connect with wholesalers, investor-friendly Realtors, and builders in the Houston, TX area.
Here’s a brief description of my buy box:

  • Property Types:
    • Single-Family Homes
    • Small Multi-Family
    • Apartments (under $1M)
    • New Construction properties with strong builder incentives
  • Price Range:
    • Single-Family Homes and Small Multi-Family: Flexible, depending on the deal
    • Apartments: Under $1M
  • Location: Anywhere in Harris County, with a preference for properties in the Metro Houston area
  • Condition: Properties needing light to medium rehab or offering value-add opportunities

I am also open to working with investor-friendly Realtors. (Disclaimer: I am a Realtor myself as well.)

If you have properties that fit this criteria, I'd love to get on your buyers list.

Please feel free to reach out and let's discuss potential opportunities!

Looking forward to connecting with you all!!

Post: How To Find A Deal In This Market

Phil Avery
Pro Member
Posted
  • Investor
  • Houston, TX
  • Posts 70
  • Votes 41
Quote from @Gino Barbaro:

We just signed a 63 unit two weeks ago and have signed on a 67 unit this past Friday. We are self funding these deals, and they were brought to us by a broker.

How do you find a deal in this part of the market cycle, when deal volume is down significantly, and there is a ton of pessimism.

  1. 1. Treat brokers like gold. In multifamily, brokers are the gatekeepers. This broker has bought and sold several deals for us. Do not try to sell a deal by yourself. Find a top broker to represent you and market your deal to the investing world.
  2. 2. Know what you’re talking about. When you do find a broker, make sure you sound credible, can tell them what your buy box is, and are targeting deals that you can close. Don’t waster their time.
  3. 3. Find a motivated seller. If there is no motivation, then chances are there is no deal to be made.
  4. 4. Create value for the seller, Our seller, while he still sold for a good price, needed the funds for another project, and needed certainty of close. We knew how to create value for the seller.
  5. 5. Don’t be afraid to put in lower, fair offers. Ask the broker if they think you should put it in and if they say yes, then let it rip. But, have a legitimate reason for your price. Our final price for the 67 unit was 17% less than offer.
  6. 6. Brokers are hungry for your business, and are looking to add to their buyer lists.
  7. You can always buy real estate in any part of the market cycle, but you can’t always sell. A lot of syndication groups are finding this out the hard way.
  8. Seller financing is coming back in vogue. If the deal doesn’t make sense to finance traditionally, see if seller financing works.
  9. Now is the time to get in the market. We are reverting back to a buyer’s market, and the next 2 years will offer ample opportunities.

How many people wished they had bought in 2009-2013? What about 2018-2020? If you’re in in for the long term, please consider jumping in now to build your team and your base of investors.

Happy investing!

Buy Right Manage Right Finance Right®

Gino


 This is a damn good post! I drew a lot of inspiration and agree whole heartedly. Solid information for sure. Keep dropping those gems! 

Post: Can anyone share the resources for the "Start with Strategy" book?

Phil Avery
Pro Member
Posted
  • Investor
  • Houston, TX
  • Posts 70
  • Votes 41

Hello everyone

I purchased the "Start with Strategy" book by @Dave Meyer from Audible. I was wondering if anyone would mind sharing the resources that come with it when you buy it from Bigger Pockets?

The book references these materials quite often, and I don't see a way to get it unless it was purchased from the BP website. 

Ive been emailing BiggerPockets for over 2 weeks with no response which is a little disheartening. I've also reached out to them on Instagram with no response as well.  


It's a great book for anyone who hasn't read it yet. I am about to read it for the second time now ;) 

Thought I'd hit the forums as a last resort. 

Thanks in advance!!