All Forum Posts by: Tristan S.

Hey @Jordan Petty,

1-That's a tough one, it will likely come with experience. To learn, you could go shadow another wholesaler to try and learn. You could also make friends with contractors.

2-Don't make an offer on the phone, try to get an appointment to see the house and meet the seller. You need to meet the seller to build rapport. 

3-Trec is fine, some people use a two pager contract as it looks less threatening than the long Trec contract. Some people have both and offer the option to the seller.

4-Your reputation is on the line, if you say you will close by a certain date and you do not, well you're giving a bad rep to all investors and that's why wholesalers have such a bad reputation in general.

5-You cannot say that you are buying their house, you are just putting it under contract and assigning the contract to another investor for a fee.

6-You can arrange the closing so that the seller and the buyer come at different times, your title company will help arrange that. Another way is to do a double close which are less common I believe.

Hope this helps!

 I would like to know more about the BP houston group HIT, do you guys meet every so often? I would be interested.

thanks for sharing @Jerry Ta, my trees aren't that big yet but I would rather get it done now than later when it starts creating issues with the slab.

Thanks a lot @Jerry Ta, I wanted to get the trees cut but learned that it could have a bad side effect as the trees have been sucking a lot of water off the ground. Getting rid of them might lead to other foundation issues. I am definitely looking into the root barrier, is it possible to DIY ? how much does it usually cost ? Is there a typical cost per linear feet ?
Thanks

@JD Martin thanks for your answer, so I'm not sure if it was clear but on the first picture, it is a joint as well. The space being larger at the top than at the bottom makes me believe that the left part of the house (the garage) went down a little, making that opening bigger that the top.

What would you think needs to be done ?

Thanks

@JD Martin, We do walk on them but I am assuming that they cracked on their own because of tensile stress.

Here are some pictures :

The cracks in the tiles started to happen after the heavy rainfall of Harvey.

Hi everybody,

I need some unbiased opinion concerning some possible foundation work. The house is in the Houston area (I know we have not the best soils), built in 2001, starter home 3/2, 1500 ft2. Did not flood during Harvey but lot's of rain !

Here are the signs I have seen so far :
-We recently started to see some hair size cracks in the kitchen tiles following the same direction. (around 7 to 8 tiles have cracked).

-The expansion joint next to the garage and front door are wider at the top than at the bottom (0.22" difference between top and bottom)

-There are some small cracks around the kitchen window going through the mortar around the bricks.

-No signs inside the house.

I got a first big for $4400 for 7 piers including two where they would have to break the concrete.

Other elements to take into account, the house has no gutters and the water falls around the house. There is a location next to the entrance where a lot of water ends up.

We have one oak tree on the front lawn and one in the backyard, they have roots sticking off the ground close to the home but the trees are not that old I believe.

I would love to get some unbiased advice which is hard to get from companies that have a vested interest in me spending money.

Thanks a lot !

@Andrew Wu thanks! do you send letters ? How much do you think you spend in marketing to get one deal done ?

@Tony Castronovo, just discovering this thread now. Please keep me in mind for the next time you have to go to your properties, I would love to tag along. Thanks

@Andrew Wu, where have you been getting those leads ? I would be interested

@Ryan Jones I would love to know too but it seems like people have a short memory, which is why they would be willing to buy houses that flooded in the past.