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All Forum Posts by: Simon Shih

Simon Shih has started 12 posts and replied 345 times.

Post: Closed on my 1st Wholesale Deal!!!

Simon ShihPosted
  • Investor
  • Houston, TX
  • Posts 354
  • Votes 186

@Undrea King

Did you do it as a double close or as an assignment? What title company did you use?

Post: Houston Rookie

Simon ShihPosted
  • Investor
  • Houston, TX
  • Posts 354
  • Votes 186

Houston is about to be a major buyers market. I am in the oil and gas industry and it is drying up quick. All of the major oil companies will be doing some major layoffs soon. I give it 3-9 months and there will be tons of deals in Houston to be made.

Post: Multifamily question

Simon ShihPosted
  • Investor
  • Houston, TX
  • Posts 354
  • Votes 186

Interesting. Have you gone to the county assessors site to see what it is classified as? That might be your best bet. 

Post: We've Redesigned the Forums!!!

Simon ShihPosted
  • Investor
  • Houston, TX
  • Posts 354
  • Votes 186

I have already noticed I spend less time on BP. What time I do spend here is now blogging and not on the forums. Still get a headache using the new site. 

There are some things I do like, but not enough to spend anymore time than necessary on here.

Post: We've Redesigned the Forums!!!

Simon ShihPosted
  • Investor
  • Houston, TX
  • Posts 354
  • Votes 186

Based on the need to be helpful. Here is a screenshot of what I'm seeing. It's the old forum and new forum. Maybe a glitch?

Post: We've Redesigned the Forums!!!

Simon ShihPosted
  • Investor
  • Houston, TX
  • Posts 354
  • Votes 186

It's almost like there's too much space between lines and words. And the font is too thin maybe? Can't quite place the issue. It's like it's right on the tip of my tongue.

Post: We've Redesigned the Forums!!!

Simon ShihPosted
  • Investor
  • Houston, TX
  • Posts 354
  • Votes 186

Format is weird. Looks off on my safari browser. Text is large and things don't fit properly. Makes it hard to read.

Post: SFR rental in C class. Good deal?

Simon ShihPosted
  • Investor
  • Houston, TX
  • Posts 354
  • Votes 186

What's the ARV?

Post: BRRR strategy ..... Put 25% down or use a HML ??

Simon ShihPosted
  • Investor
  • Houston, TX
  • Posts 354
  • Votes 186

To me it would depend on the numbers. The HML would be more of a monthly payment and you'll need to hold on 6-12 months before refinancing to season the loan in most cases. Path of least resistance is great, but as an investor, it's about the money and profits.

Post: BiggerPockets PRO Suggestions

Simon ShihPosted
  • Investor
  • Houston, TX
  • Posts 354
  • Votes 186

How about a way fro Pro members to save links in BP. I see market place posts all the time that I want to save for later.