Made an Offer Today

Well, lots of time has passed since my last posting. Volleyball season ended and our little girl is finished playing college volleyball. Then Thanksgiving and Christmas came and went. Now, it’s time to get back out there and get our real estate investing underway.

Today Brent and I looked at a house and told the realtor to write an offer. We’ve decided to do a ‘rehab and sell’ project first so we can get our feet wet and hopefully make a little money so we’ll have more for the next one.

We should be signing the contract today and since it’s a bank-owned property it may take a little time before we hear back as to whether or not we got it. I’ll keep you updated. And if we get it, I’ll post pics and prices for all the rehab projects that are involved in getting this property back on the market. Until then, I’m keeping my mouth shut about where the property is and how much we offered, I don’t want anyone to take it from us.

Wish us luck!

Reba

Unable to Focus on More Than One Thing

Wow, how time will slip away when you’re not watching or paying attention.
It’s been a while since I posted anything and apologize for that. I started this blog to chronicle our real estate investing progression and recently I’ve written nothing. But really, you haven’t missed anything. Let me explain.
Our daughter is a collegiate athlete, she [...]

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Useful Real Estate Investing Links

Here are a few links I have collected, I thought I’d share:
National REIA – a listing of real estate investing clubs and associations across America
Eviction Resources – steps for eviction in Texas
Lifestyles Unlimited – real estate investing club in Houston, San Antonio/Austin, and Dallas/Ft. Worth
R.I.C.H. Club – Realty Investment Club of Houston
Buildium Online Property Management [...]

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HVCC and My Worries About The Appraisal

For those of you that are new to real estate investing or haven’t sold a house since May 1, 2009, there are new regulations in place that adversely affect real estate appraisals.
The reason this affects just about everyone, whether you are a buyer or a seller is because most houses that are sold will be [...]

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Dealing With The Fear Of Buying Our First Real Estate Investment Property

What’s the hardest thing about real estate investing? I’m sure it depends on who you talk to. At this point in my journey, I’m a bit scared of everything to do with real estate investing, however, I’ve never done it, so maybe my fear is unwarranted.

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Our First Offer

I’m still running behind in telling you about all our experiences in real estate investing. So much has happened since we joined Lifestyles Unlimited and finished our “Two-Day Seminar”. It took us a few weeks to just absorb all the info and spending tons of time searching the local Multiple Listing Service (MLS) and working [...]

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Steve’s New Blog on The Chronicle’s Website

I just saw Steve Davis’ new blog on the Houston Chronicle’s website at Chron Commons. Steve is the vice president of Lifestyles Unlimited and since I love his radio show I thought this would be a great way to share with my readers, here’s the link to his new blog, enjoy!
http://www.chron.com/commons/readerblogs/stevedavis.html
Until next time…
Reba

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Lifestyles Unlimited “Two-Day” Seminar

In my last post I told you that Brent and I had signed up for the Financial Freedom Program (FFP) at Lifestyles Unlimited, a real estate investing club here in Houston. The FFP program includes training which consists of a two-day seminar. Since we signed up our daughter Brittany, she attended with us.
The seminar always [...]

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Lifestyles Unlimited

Here in Houston we have a real estate investing club called Lifestyles Unlimited. The founder, Del Walmsley, and the vice president, Steve Davis, host radio shows on two AM Talk Radio stations. I had heard the show Steve does on AM700 but only a couple of times because the show is in the afternoon and [...]

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Getting Started in Real Estate Investing

I was first exposed to real estate investing by my grandfather who I called Daddy. He was the man in my life as I was growing up and the one person solely responsible for me developing into a normal responsible adult. If it weren’t for him, who knows what I’d be doing today, and because [...]

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