All Forum Posts by: Doug Watts

@Donyea Jenkins

In the beginning i made friends with the same appraiser the hard money lender was using. She would give me a conservative ARV for free and even go look at houses for me free of charge. That was extremely helpful and made me feel good about my numbers. Always be conservative

@Allison Park

Check out NREIG. Mine doubled and i just got it all the way back down to same rate it was before.

Hello thy fellow investors,

Our speaker this month will be Rich Marino. He will be presenting information on how to analyze new construction opportunities. When you take on a new construction project you need to be extra cautious and try to consider all your costs and potential issues that you could run into while conducting your due diligence. You must consider things like utility access, architect fees, engineer fees, permit and review fees, building costs, etc. It can be quite overwhelming when you haven't done a project like this before, but if you have ballpark numbers to work with then you can at least evaluate if you have a potential deal or not before you dig in and spend more time getting detailed estimates and costs.

Rich has personally done multiple rehab and new build projects himself. He has worked for a hard money lender in town and currently works for Cambridge Custom Homes, a local Austin builder with over 40 years experience. Rich has a lot of knowledge when it comes to all different types of real estate investing and will be a great resource for many of us. He will also give us a quick summary of some of his past experiences and what to watch out for as a newer real estate investor. You don't wanna miss this!

Before and after the presentation there is always time for open networking! Food and drinks are available and Umi Sushi has some really great food! Come hungry!

Come on out to the dirty south yall! Join us at one of our fellow members first investment property and help us decide what renovations to do or what exit strategies are possible. The house has not been updated in 40 years so we are requiring everyone to dress up in 80's attire! just kidding.

My sincere apologies for the late notice on venue and changing of the date. As a founding father of the SAREIG, I vow to not be a slacker anymore in 2019! I take this shite seriously and from now on we will be organized and have a planned schedule for future meetups and will provide as much value as possible to all who attend! BYOB.

PS: Don't tell Andrew, but once he leaves we can sneak in through the back door and continue the party ; )

Our meetups are always free and there is absolutely no pitching of any products or services; but if you come across a sweet deal, then call Your Austin Home Buyer

Hello my fellow investors,

We have decided to move the meetup this month to the Wednesday after Thanksgivings. This meetup will be held at my, (AKA Your Austin Home Buyer's), latest flip that was just completed. The house is currently listed for sale and we will be able to walk the property, look at before and after photos, and go through all the trials and tribulations of a real world FLIP!  It's not as easy as the guru's say!

This meetup will be pretty informal and you will be able to ask questions about anything regarding this deal. I speak the truth! Come and network with other people. We may order some pizza, but you can definitely bring your own beer or wine if you would like.

The address is 2909 Burning Oak Dr. Austin, TX 78704. The house is small, but we can all squeeze in my brothers and sisters!

Text me if needed: 512-578-9729

@Jenelle H.

Check us out on facebook- "South Austin Real Estate Investor Group" and meetup.com

South Austin Real Estate Investor Group on meetup.com or facebook. We gave a meeting coming up this Tuesday at 7pm at DK Marias on Manchaca/Slaughter

Hi Natalie! Im actually headed to Seattle for the first time on April 25-30th. A buddy and I are attending the PNW Big Badass Real Estate Wealth Expo! We were both born and raised in Austin, TX. Feel free to reach out directly if you need some help analyzing or looking at potential properties in the area and I’ll do what I can.

@Tony Battle, you do have a good point there.  So, who do you or others use for bulk skip tracing?

@Jason Grote, Hey Jason!  Hope all is well!  It would be great to catch up soon and see how everything is going.  I know you could definitely provide some value to our small group and I'm sure everyone would appreciate to hear how far you have come!