All Forum Posts by: Account Closed

Hey BP family I live in Houston , Texas and I just got my real estate license in February and I've decided to sign on with Century 21 Top Realty . I am wanting to hire a coach someone who is not associated with the brokerage , I had some drinks with a friend of mine about a week back and he mentioned Bob Loeffler and his fearless agent program that he just got into . It's about $1100 upfront and $97/month. Comes with Presentations and access to training among other things. He is very accessible I've spoken with bob a few times over the phone. I want to hit the ground running as an agent and I believe I will get there faster with a coach . 

Has anyone joined Bob's Fearless Agent program ? If so what are your thoughts.

Any training you would recommend for a new agent ? I've heard of Mike Ferry also if anyone has experience with him I would love to know . 

Thanks BP family 

@Jim Cummings thanks for the response .  My thought was exactly that , I am considering going smaller because I believe the one on one mentorship would be more likely . I am a self starter & I take initiative.  I just want to be pointed in the correct direction starting out , my goal is to sell homes & invest in multi family properties both personally & through my syndication company.  Coldwell bankers I believe would be more all insightful into that market & have those relationships established ie track record you mentioned earlier .

Hello BP family ! 

I recently passed the real estate license exam (Texas) in February and I am currently interviewing brokers , I have narrowed down to Coldwell bankers and a boutique firm ( Legacy Homes & Properties ). I have done research on Coldwell bankers and have found some things I really like as far as training , mentorship etc , but the commission split and fees that comes along with the brokerage raises an eye brow , now I understand you can't get everything you want but I am wanting to get with a brokerage that I can grow with. My only dilemma with the smaller brokerage is experience , being that the head broker has been selling real estate for 10 years , on the plus in 2018 he closed 60 transactions as an agent , seems to be a great mentor for a new agent like myself . 

Please any feedback , advice is welcomed , I am looking to sign on with a brokerage within the week .

I finished Champions School of Real Estate in October and I am currently studying. My goal as an agent is to build long term relationships with brokers , investors , lenders , vendors , etc in order to build a multi family portfolio and grow my presence as an agent. Starting out would you lean toward selling single family homes as compared to jumping into being a commercial agent?

Good afternoon everyone ! 

I'm In the process of building my team in order to start kicking *** in this multi family investing . I'm currently interviewing potential partners ( Lenders , Inspection Companies , Property Management Companies , Appraisers , Real Estate Attorneys , Investors ) . 

I'm also looking to join one of the local REI groups here in Houston , I would prefer a group that is pretty multi family intensive as well as creative financing .

What information do you expect these professionals to be able to answer. 

What are some determining factors you would use as guidelines when deciding to move forward with any of the listed professionals above.

I'm in the Houston market and as some of you know its a bit pricey , would you consider when starting out investing looking into tertiary markets outside of the Houston area , ( El Campo , Wharton , Edna ,  League City , Galveston , College Station , Waller , Prairie View , Lake Jackson , Galveston etc ) . 

@Cody L. thank you for taking the time to explain , how long have you been purchasing multi family properties and if I may ask where do you prefer to invest ?

@Cody L. What would you suggest as far a something to analyze then ? Good old fashion Microsoft spreadsheet? So what you are saying is that certain property classes have certain ways you should go about doing due dilligence? And could you explain more about what you mean by making any property have any CAP rate?

@Brandon Miller looking around in houston and also speaking with a couple of people the houston market is a bit over priced right now . I was actually wanting to explore San Antonio a bit do you invest in multi family in that market ? I was looking at Tennessee , Alabama , North Carolina , In Texas San Antonio , Lubbock & Houston if I can find something not so pricey.

@Dan Handford I appreciate your input and advice , I agree make a decision and start analyzing deals , can I pm you ?

@Account Closed I will pm you 

Hello everyone , 

I am currently looking for multi family properties , in Houston , TX preferrably Class C properties and I was looking to purchase the jake and gino deal analyzer for $97.00USD , looking through it , looks very accurate as far as information needed to properly analyze a deal quickly . The analyzer/calculator gives CCR , DSCR & Cap Rate , I believe for $97.00USD to be able to get this info quickly and accurately is definitely worth it. Please if you have any experience with this particular software or can offer any insight to analyzing multi family deals that would be great .