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All Forum Posts by: Pete Storseth

Pete Storseth has started 35 posts and replied 257 times.

Post: Looking for Houston networking, meetups, etc

Pete StorsethPosted
  • Investor
  • Houston, TX
  • Posts 274
  • Votes 61

I know Total Wine has classrooms you can reserve free and request free tasting.

Post: Sub2 house hack possible?

Pete StorsethPosted
  • Investor
  • Houston, TX
  • Posts 274
  • Votes 61

Is this even possible? Or unlikely?

If I did my marketing, how likely is it to find a good opportunity for an owner financed situation that I could house hack?

I dont need this, but i dont have alot of capital. if I could save for a smaller down payment for a 4plex, rent 3 units and live in the 4th rent-free why wouldn't I? I could even airBnB it...

Pipe dream? How would this look?

Post: Best 2020 Real Estate Conferences

Pete StorsethPosted
  • Investor
  • Houston, TX
  • Posts 274
  • Votes 61

Any meetups in Houston, TX?

I'll host one... I know we can use Total Wine classrooms to meetup and visit and maybe get a free tasting!

Post: Looking for Houston networking, meetups, etc

Pete StorsethPosted
  • Investor
  • Houston, TX
  • Posts 274
  • Votes 61

As a newbie here, I've gone to several free events, but haven't seen bigger pockets represented in Houston, TX.

Looking for like-minded newbies, potential private lenders (of course), contractor referrals, wholesalers who dont mind sharing their tips and golden nugget, and most of all people with experience.

Surround yourself with successful people.

Post: What's holding you back from buying your 1st investment property?

Pete StorsethPosted
  • Investor
  • Houston, TX
  • Posts 274
  • Votes 61

@Peter Grange

I'm new to this, I'm in Texas, but if found a good deal on a fix flip, would you partner/lend if the price was 70-80% of the ARV?

Post: What's holding you back from buying your 1st investment property?

Pete StorsethPosted
  • Investor
  • Houston, TX
  • Posts 274
  • Votes 61

@Aaron Almquist

I'm new to this, I'm in Texas, but if found a property that I could fix and flip, would you be interested?

Post: What's holding you back from buying your 1st investment property?

Pete StorsethPosted
  • Investor
  • Houston, TX
  • Posts 274
  • Votes 61

@Salvatore Lentini

I've heard the absolute best "deals" for new investors using other people's money is wholesaling, chasing the foreclosure list, assigning contracts to build capital, etc.

Since it's not the sexiest thing in the world to print bandit signs, knock on doors of homes with high grass, and cold call, I think alot of people think they're worth more.

But I'm gonna do it. Gonna drop one day per week from my HOURLY job, which will only cost me about 400 per month, and commit two weekdays to marketing.

My style isnt cold calls, I'd rather hit doors, leave flyers and maybe a few bandits.

If I get one deal per month wholesaling, I make 10x what I would have made the days I'm taking off work, building capital and/or financing a way to source the marketing side to someone to work part time for ME!

Which frankly, is alot to do self managed and motivated.