All Forum Posts by: Victor Rios

There's always meeting in Houston for investors. Should be one in July. Word of advise download some books from Amazon on investing so when you do go to the meeting you understand the lingo.

No pressure in the shower @Randy Landman

Thanks @Lisa Kohl will do!

Hello BP!

So I closed on my SFH and now I am in repair mode of home. When I bought home the seller agreed with 1 year Home warranty with First American. Well I noticed some issues with the shower. Can I call First American warranty and have them take care of the plumbing for this issue or do I have to hire my own plumber etc.

Your better off just doing your own hunting on properties yourself. That's the way I see it. Do your homework and focus on a area. The wholesaling deal has never caught my attention. Network !

Thanks for the input @Kyle Hipp

My friend that is an investor directed me to this site ? Anyone had any good or bad experiences with it ? It is free! I have just one rental with more to come ,but the site seems pretty good

Welcome !! I do agree with @Vinh Le. Millionaire Real Estate Investor by Gary Keller is  a good book followed by The Wall Street Journal, Complete guide of RE. I would save as much money as you can. Money talks and opens doors ! I close on my investment home tomorrow finally. Trust me, everything adds up !!

Thanks Bryan for the input

  So I am closing on a house this week which is my 1st investment home and will need about 6-8 grand of repairs which I do have the money for.  I am well over 20k out of pocket  putting 20% down, closing and so on. My question is should I just pull out another loan for the repairs and have the monthly cash flow of rent pay for it ?  What strategy should I use ? I want to purchase another home late quarter and spending the 6-8 grand out of pocket will affect my down payment money on next purchase as I begin to save.  Also where is the best place for loans ? I would assume credit union , USAA ?  I have 401k but do not really want to pull from there unless I really have to. I have been reading  a lot and just seems to use someone else's money instead of yours.

Help!