Houston Real Estate Investing Resources
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We at SecretHoustonRealEstateDeals.com are constantly asked questions about our wholesale properties, as well as Houston investment property in general. Here are some resources we use to help us as investors, as well as some answers to the most common questions we get.
Q: Where do you get your property values from?
A: We use multiple online sources to determine the current market value of properties, as well as driving the area and checking to make sure we have apples-to-apples comparisons. Here are the best sites to use:
1) HAR.com is the most valuable resource when it comes to Houston real... continue reading >>
Nigerian Scammers!!!
OK, this isn't just about Nigerian scammers, but anyone trying to scam you for your hard earned money via email. If you want to have fun screwing with them, check out http://www.419eater.com/
The funniest thing is the photo gallery of scammers holding up signs:
Take a look, have a laugh, and keep making money investing 
-Matt
Houston Texas real estate investors, get on my buyers list now!!!www.SecretHoustonRealEstateDeals.com
What recession? Nothing Down Deals in 08-09 :)
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Ok, so I retired from my day job last fall to be able to live a more full life. I retired at the worst possible time according to everyone in the media. There's a recession! OMG!
I have enough passive income from my rental properties(when they're being managed reasonably well) to cover my cost of living. I did an App-O-Rama (if you don't know what this is, see for yourself: http://www.realestateinvestor.com/tools/profiting-from-credit-cards/ ), and pulled out about $80k in cash from new credit cards interest free. Yes, free money during the worst part of the credit crunch. I used most of... continue reading >>
Some of my favorite quotes
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"It is not the knowing that is difficult, but the doing."
"An honorable person is a majority of one."
"People's minds are changed through observations and not arguments."
-John C. Maxwell
-”If you are grouchy, irritating, or just plain mean, there will be a $10 charge for putting up with you.”
Never give advice unless asked.
"When you have faults, do not fear to abandon them. "
No dream comes true until you wake up and go to work.
You are younger today than you ever will be again. make use of it.... continue reading >>
Questions to ask when interviewing property managers
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www.SecretHoustonRealEstateDeals.com - Houston Bargain Real Estate
First and foremost; ALWAYS ALWAYS ALWAYS ask experienced investors in your area who they use for property management. If they don't use a manager, ask them if they know of any other good managers other investors they know use.
The following is the list of questions I ask a property manager when I first interview them over the phone before setting up a meeting. If you don't like their answers, it will save you from wasting your time on a face-to-face meeting. There are plenty of managers in any decent sized... continue reading >>
Robert Kiyosaki - Rich Dad Poor Dad pt 4
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Rich Dad, Poor Dad
more than $3 per share since he had first given me the tip. And the price of gas will continue to go up
if what my friend says is true.
Instead of analyzing, their little chicken closes their mind. If most people understood how a "stop"
worked in stock-market investing, there would be more people -investing to win instead of investing
not to lose. A "stop" is simply a computer command that sells your stock automatically if the price
begins to drop, helping to minimize your losses and maximize some gains. It's a great tool... continue reading >>
Robert Kiyosaki - Rich Dad Poor Dad pt 3
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Rich Dad, Poor Dad
other hand, is to start small and keep trading the properties up for bigger properties and, therefore,
delaying paying taxes on the gain. This allows the value to increase dramatically. I generally hold real
estate less than seven years.
For years, even while I was with the Marine Corps and Xerox, I did what my rich dad recommended.
I kept my daytime job, but I still minded my own business. I was active in my asset column. I traded
real estate and small stocks. Rich dad always stressed the importance of financial literacy. The better
... continue reading >>Robert Kiyosaki - Rich Dad Poor Dad pt 2
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Rich Dad, Poor Dad
and flourish," said rich dad. "Unfortunately, for many people, school is the end, not the beginning."
There was a long silence. Rich dad was smiling. I did not comprehend everything he said that day.
But as with most great teachers, whose words continue to teach for years, often long after they're
gone, his words are still with me today.
"I've been a little cruel today," said rich dad. "Cruel for a reason. I want you to always remember this
talk. I want you to always think of Mrs. Martin. I want you always to think... continue reading >>
Robert Kiyosaki - Rich Dad Poor Dad pt 1
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Rich Dad, Poor Dad
CHAPTER ONE
Rich Dad, Poor Dad
As narrated by Robert Kiyosaki
I had two fathers, a rich one and a poor one. One was highly educated and intelligent; he had a Ph.D.
and completed four years of undergraduate work in less than two years. He then went on to Stanford
University, the University of Chicago, and Northwestern University to do his advanced studies, all
on full financial scholarships. The other father never finished the eighth grade.
Both men were successful in their careers, working hard all their lives. Both earned substantial
incomes. Yet one struggled... continue reading >>
Real Estate Investing Landlord Tips – Preventing Trouble Tenants
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Buying rental property is supposed to provide you with long term passive income and increased net worth. If purchased at a good price with good terms, even the most challenging tenants will prove to be only a minor inconvenience on your way to real estate investing wealth. But, whether it is not paying rent, damaging your property, or even suing you, a trouble tenant is a landlord’s biggest headache. Here are 5 tips to help you build your real estate portfolio while avoiding a costly bad tenant.
1) Always have prospective tenants fill out a rental application.
Many... continue reading >>