Investing in Houston, Tx

Investing in Houston, Tx

I am new to Real Estate Investing, I know there are many people out there just like me that are just starting out . I would like people from Houston that are taking action to join this Forum and post strategies, progress, results, etc to keep us motivated and moving forward to Financial Independance, we can learn a thing or two from each other.....
I will be the first one.... My borhter and I bought a home for nearly $100k and right now we are doing some repairs to it....looking forward finishing and rent it or sell it, we will find out when we finish.
I will keep you informed about the up coming details....
Good LUCK everyone!!!

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Alex Rubio from Houston


Welcome to REI Dan

I am glad to gear that you too have joined the elite group!!! I have no doubt you also will meke it in this business my frined.... we just got to work hard and stick together.... help each other acheve the dream called "Financial Independance" I love Real Estate, I love helping people, I love my family and I know that most of the people that join this site want to change their lives so bad just like me through REI....
Keep it up my friend!! and don't ever quit..... good things will start to happen!!!
I'm so glad you stopped by our Investing in Houston post!!!
Take care and Good luck!!!

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Alex Rubio from Houston


My first investment is going to be a rental...

The house is taking long to sell and people interested don't qualify to buy it so for now i'm going to rent it out and put if in the market for an Investor interested in being a land lord. That way i don't have to deal with that an move on to the next one..... i feel I'm waisting time just waiting for this one to sell.
So to the next quest..... buy my next property!!

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Alex Rubio from Houston


Looking for new deals

I found a few properties that could be the next potential deal!!!
I am also networking with new investors and talking to hard money lenders...something has to happen soon!!

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Alex Rubio from Houston


Not giving up.......

it looks like the deals are not coming my way yet.... in the mean time I am trying to keep my self busy working with my cousing remodeling a few places here and there, not as investment but as a learning experiense and also putting some $$ together to be ready for the next deal.....
I not giving up!!

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Alex Rubio from Houston


Hard money lender

Hi new to the site. Just started reading your comments and noticed you had found some Hard Money Lenders in the Houston area I would like to see if you could help locate some who would be willing around the Conroe area

Thank You


hi alex, what was your fist deal like

how many bedrooms bathrooms sq ft things like that? Thanks


Jander.....about Hard Money Lenders

Hi new to the site. Just started reading your comments and noticed you had found some Hard Money Lenders in the Houston area I would like to see if you could help locate some who would be willing around the Conroe area

Thank You

Try this site

http://www.lvhardmoney.com/states-we-lend-in/texas-hard-money-loan-lende...

I think the best way to find Hard money is to go to a real estate club meeting aroud your area.....usually a few local one show up there maybe you can network and meet with a few that way...
Good luck, let me know how it goes....

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Alex Rubio from Houston


Bille....

The first deal was a 2400 sq ft SFR (Single Family Residence)
4 Bedrooms
2 Baths
Pretty spacious.... we are renting that property at the moment....me might sell it at the end of the tenants lease...
Take care

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Alex Rubio from Houston


Assigments.......

I've been thinking.....Real Estate Success Academy advise to work on assignments.... so lets get to it!!!

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Alex Rubio from Houston


Also in Houston area

Hi Alex,

I'm also fairly new and in the Houston area. I've had a few deals slip thru my fingers but just like you, I refuse to quit. I would love to meet and chat with you about doing REI in Houston. This housing market is just too bad to not be able to do some really good deals in and around Houston. Send me a PM and we can exchange numbers.

Dawn

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Step-Out-N-Faith

And Jesus said unto him, if you can believe, all things are possible to him that believes. Mark 9:23


Contacting cash buyer to build my list Strong!!!

With the SFL system, I am able to ge a hold of alot of cash buyer in town.... so I am doing some marketing to put them on my buyers list.... hope to have great results in the next coming weeks so I can start locking up deal to assing to my buyers!!!

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Alex Rubio from Houston


Newbie in REI Houston

Alex, really enjoyed reading your blog...You are an encouragement to all of us that are new. One, you have taken action and Dean will not let us forget that very point. Bought into the set for life package but waiting to get started, have the edge 2010 and his books...they are full of strategies to get started. As for me, think the looking for notes section is my starting point...

Read your post on your first property and understand that you rented. You can do a seller lease/buy option and hold the note for full price, then sell the note for quick cash. This is one of the options Dean talked about, either way you're in the game and looking forward to reading more of your success blogs.

For anyone else in the Houston area, looking to sell notes...send my way.

Thanks

Juan


Hey Juan...

Thanks for your kind words, I am as humble as possible all the time so I think that we can learn something new from each other every now and then dont you think?
I am playing the videos learning a ton of stuff too and I believe that assigning properties is the way for me for now..... but in the near future I want to be able to rehab more properties.
The house is being rented, we dont want to sell it yet but that is a good exit strategie you mention.... I will keep it in mind.
Good luck Juan in your upcoming deals!!!

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Alex Rubio from Houston


First Leads are here!!

Today is a good day!!
we have our first motivated seller lead and our first Buyer in the SFL!!!
I know is not much but it is a start!!!

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Alex Rubio from Houston


Hi Alex

Have you done any lease option yet? Is it legal here in Texas.. the way Greg Murphy does it. May You Have Great Success In All Your Endeavors! Cecelia


Hi Cecelia

I have not done one yet but I was talking yo my realtor about that and he told me that is not illegal...
I have to take a look deeper into that because I had read somewhere that lease to own was not legal in texas.....????? I will get back to you on that!!

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Alex Rubio from Houston


My First Property Under Contract!!

I came accross a motivated saller through the Set for Life System... after contacting them to ask about their property and what they wanted for it, we were able to get most of the info we needed to access the property.
I called the Real Estate Success Academy, told them the details and they told me "Yeah!! sounds like a good deal"!!!
They told me to submit the offer and put it under contract. So I did submit the Real Estate Purchase Agreement and they accepted the offer.
No I need to get it assigned to get done with this one, get paid and work on the next one!!!

Visit my website for info on this property
http://www.buyandsellhousesinhouston.com/

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Alex Rubio from Houston


Hi Alex and Houston Team!!!

I am a new RE Investor and I live on the West side of Pearland. I have been studying Dean's strategies and I'm ready to Rock & Roll!!!! I am excited to see that there are several DGer's in Houston and the Pearland area. What a great forum this is for us all to network and support each other!! Thanks Alex for getting us all together.

Marie


Hi Marie

I live in 288 and W. Orem.... We are pretty close
We should get together one day to talk about Real Estate.....
Look forward to network and work together in the near future!!
Take Care.

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Alex Rubio from Houston


Homes

Alex what's going on dg buddy hehe, well thank you for that info you helped me with, still keeping in touch.....

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Jose V


No problem Jose

People helping People!!!
That's what's all about!
Take care man and good luck.

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Alex Rubio from Houston


A few properties under Contract...

In the past few months I have been working in building my buyers list and also marketing for new deals......Here in Houston there is alot of opportunity for good deals everywhere.
I had a few properties under contract but unfortunally couldn't find a buyer for those types of propeties.... bad luck???
I think evrything happens for a reazon.
I have been going to networking meetings to meet new contacts and have come across a few private money lenders as well as some Hard money lender.
I think that assigning contracts is a great tool for many people but my passion is rehabbing so I am working hard trying to get funding for some deals that I get ahold of every now and then.
Last night I spoke to a Hard Money lender giving discouts on their loans to member of a community that I am a part of so I sent the application today and waiting to get approved for funds to get a Handy man special!!!

Tonight I have a meeting with a RE Investor that is doing rehabs here n town and I hope to be able to partner with him to do some rehabs in the next comming months. He uses private money and he is been doing this for a long time so............ let's get to work!!!
one way or another I am going to make it in REI!!!!

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Alex Rubio from Houston


This weekend was a great weekend!!!!

Lets start with my Dinner with the Real Estate Investor om Thursday...
Thursday - 7:00 to 10:30 (Dinner)
We had a good talk. Jim went over some very good tip for me to do this right, he started with business basics and building my team...... He mentioned that we (my team and I) where in the right path and agreed to FUND MY PROPERTIES TO REHAB!!!!!! SUPER GREAT NEWS!!! BETTER YET HE IS GOING TO JOIN VENTURE WITH ME TO MAKE SURE WE ALL MAKE MONEY IN REAL ESTATE!!!!!!

Friday - 7:00 am to 7:00 pm (Rehab)
I started a project with my Realtor in a Property that he is managing.... the home needed a new roof so I got to work in what I like the most!!! I called my crew and had them start tearing down the roof on friday until dawn.

Saturday - 6:00 am to 5:00 pm (New roof installation)
The crew continued to work all day and did a nice job!!! PM me for some pictures of the amaizing job they did.....

Sunday - Most of the day..
Spent time with my family!!!!!!

So this week end I managed to get FUNDS sor future rehabs and also help my realtor with his property.... made some good money doing it and spent time with my family!!!!

Today I will begain my quiest tofind the right property to rehab!!!!!

This is very exiting!!!!!

Until next time Houston Investors!!!!

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Alex Rubio from Houston


REI In Houston

Alex

Your journal is a joy to read. I am so excited for you! I recently moved back to the Brazoria County area, but spend quite a bit of time in Houston. I was invited to a REI club in the Sugarland area. I am looking forward to attending this meeting.

I am working on building my buyers list and would love to network with you and exchange information. Have you met other DGer's in the Houston area? You have inspired me to just keep pushing on.

Marilyn


Marilyn.......

Thanks for taking the time to read my comments!!!
I have talked to a few but not met with anyone yet.... I have proposed coffe or something but as of today o one has called me back to meet.
let me know if you want to meet
PM me for my number!!

Keep pushing forward and good thing will happen to you!!!
Look forwar to work together in the future!!!

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Alex Rubio from Houston


Investing

Evening Alex. I am trying to start my RE business as well. I live in pearland and I'm looking to wholesale properties. There are alot of deals here in town and maybe we can get together and share some idea's.

Hope to hear from soon..


Good Morning John.........

Where in Pearland are you staying at?
I am by 288 and W. Orem....... Right now is the time to do this business.
You are right, there are alot of deals to work with in Houston. Let me know if you want to get together for coffe or something. PM me for my cell number or my email.
Take care and good luck in your future deals!!!!

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Alex Rubio from Houston


Houston, Texas Real Estate Investor

Hi Alex, my name is Casey Coleman. I am an investor and student of Dean Graziosi. I am reaching out to fellow investors, to network with. I am interested in meeting you one day and sharing ideas. Peace.

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Casey Coleman


More Deal to look at...

This week end I spent alot of time with my realtor looking at potential rehab projects and it look like we found some to submit offers to.
We should be moving forward pretty soon!!!

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Alex Rubio from Houston


hello alex I am also in

hello alex I am also in Houston. If you find any real estate agents who work with new investors let me know please. Also if you find any banks or ha4rd money lenders. And good luck on your project Smiling


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