All Forum Posts by: Steve Condrill

Hi Jason, 

I'm relatively new to investing as well (no deals yet), but I can make some recommendations. Try North Houston REI, 713 Houston Area REI, and the Houston Wholesaler Network. Check the local Meetups for real estate investing. I just joined Houston Multi-Family (Apartments) & Houses /Investor Mentor Meetup group; they have weekly zoom meetings where they encourage interaction amongst members, and are generous with their time and assistance. If I can help in any way don't hesitate to connect.

Good luck!

Steve

Turner Wright, thanks for going in to detail about your experiences. I need to explore some of the local REIs and Meetups, sounds like that's where I'm going to get some guidance.

My thinking was driving/walking for dollars, or checking probates, foreclosures, late tax listings, anywhere I can find a potential seller, then find a buyer with poor credit, but money to put down, and try to do a deal that way. I'd need to find an experienced investor to show me how that works mechanically. 

I've also considered wholesaling - it sounds like you've done pretty well for yourself going that route. 

Andrea Weule, thanks for the input. My thinking was aside from time, bringing a deal to a mentor or partner would provide the most incentive for them to work with me. I understand the distinction you're making, however. 

Greetings - 

Last weekend I attended a three day webinar class with a Texas based REI group, to supplement all of the reading and podcasts. There was a lot of interesting/valuable content: the first day the husband of this husband and wife team went in depth about owner financing and wrap-around mortgages; the second day they covered every marketing strategy you could think of for finding distressed properties/deals. A little after noon Saturday is when the pitch came - it took an hour and a half to hear that the cost of an apprentice membership is $50,000. The next day I found out that the lowest tier membership is $20,000.

I passed, but decided that the most appealing part of any level of membership was the accountability/coaching, and working with someone experienced. The pricing given in the webinar was the high end for mentors, but I'm finding they typically go at least four figures.

 I'm starting to think my best option is to begin marketing, find a what looks like a good deal, and then pitch it in a place where mentors/investors frequent - and offer to split the deal.

I welcome and appreciate any thoughts and suggestions.

And, was BP Pro worth the investment?

Thank you!