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All Forum Posts by: Preston Dean

Preston Dean has started 20 posts and replied 667 times.

Post: Wholesaling a Motel Deal

Preston Dean
Posted
  • Realtor
  • Fort Worth, TX
  • Posts 689
  • Votes 328

Hi @Lakeitha Henry

You would find better traction posting this in the CLASSIFIEDES section of bigger pockets under FORUMS

Secondly, if you don't have a large buyers list I would recommend partnering with larger wholesalers for a JV. Like New Western or RPR.

Best of Luck

Post: New to Real Estate, looking to get into the market in 2025

Preston Dean
Posted
  • Realtor
  • Fort Worth, TX
  • Posts 689
  • Votes 328

HI @James Tobin

As you get into the RE market, regardless of where you choose use this website as a good starting point to find out what the areas are like

https://www.areavibes.com/

Best of luck from Fort Worth 

Post: New Builds for Investors

Preston Dean
Posted
  • Realtor
  • Fort Worth, TX
  • Posts 689
  • Votes 328

HI @Bryan Farmer

Love to see you on here! You know I will bring you a buyer if/when I have one!

Post: Mentoring and Advice

Preston Dean
Posted
  • Realtor
  • Fort Worth, TX
  • Posts 689
  • Votes 328

HI @Jonathan Worrell

Welcome to Bigger Pockets. The 2 properties that you own, are they here in Texas? There are a few seller financed deals on the MLS. 10% down with 10% interest rate over 30 years.

I do have a question. Why don't you pull out the equity and use that cash? instead of seller financed which would be less advantageous for you financially.  

Post: SFR equity to multi unit shopping center investment

Preston Dean
Posted
  • Realtor
  • Fort Worth, TX
  • Posts 689
  • Votes 328

HI @Kaushik Sarkar

I would suggest going to the top of the page under LENDERS and then answering a few questions and from there you will be connected with 3-5 lenders and you can discuss whatever you want there. 

Post: I don't know where to start or how to put my foot in the door...

Preston Dean
Posted
  • Realtor
  • Fort Worth, TX
  • Posts 689
  • Votes 328

HI @Chloe S.

Welcome to BP!

I have some contacts I can connect you with and I know they are willing to tell you their experience and might even coach you along for a little bit. 

My number and email are in my signature, give me a call or text!

Post: College Student and soon to be Active Duty Military hoping to learn and connect

Preston Dean
Posted
  • Realtor
  • Fort Worth, TX
  • Posts 689
  • Votes 328

HI @Kayla M.

Kudos to you for thinking about real estate investing while being in college! I wish I did that. 

Best advice to you would be to use that VA loan as many times as you can and buy primary residences for a year, rent them out and then buy something else with the VA!

Best of luck in 2025!

Post: New Member introductions

Preston Dean
Posted
  • Realtor
  • Fort Worth, TX
  • Posts 689
  • Votes 328

HI @Jules Mbasso

Welcome to BP!

Where are you looking to invest? In state or out of state?

Post: Hello BiggerPockets! New PRO here

Preston Dean
Posted
  • Realtor
  • Fort Worth, TX
  • Posts 689
  • Votes 328

Hi @Daniel LeGare

Love to see another Dallas Fort Worth investor on here!

Regardless if you invest in state or out of state find yourself a solid agent who knows what they are talking about. Easiest way to do that is go to the top of this page and click on AGENT and there you'll be matched with 3-5 agents in your area

Best of luck in 2025!

Post: Hello BiggerPockets! New PRO here

Preston Dean
Posted
  • Realtor
  • Fort Worth, TX
  • Posts 689
  • Votes 328

Hi @Marquell Proctor

Welcome to BP!

Here is one piece of advice as you begin your REI journey. Build your team of people or as Brandon Turner from the Bigger Pockets Podcast calls it your CORE 4

1. Your contractor

2. Your deal finder (agent/wholesaler)

3. Your property manager

4. Your Lender

My suggestion to find #2 & #4 would be to go to the top of this page and click on AGENTS & LENDERS.

There you will be asked your criteria and then after answering a few questions you will be matched with 3-5 agents or loan officers in your area. My suggestion would be to select someone with the most forum posts or most reviews. That way you know they are active in the BP community!

Good luck in 2025!