Lam Nguyen has been involved in the Real Estate and Lending industry for over 20 years. My goal is to help you find a solution for your real estate needs, whether it's renting, buying, selling, investing or commercial properties. He is always willing to go the extra mile for you. He is prompt in addressing any of your questions or concerns, to help ensure his clients receive the best experience possible in their real estate transactions.
Prior to working for Register Real Estate Advisors (RREA.COM), Lam Nguyen was both a Real Estate and Mortgage Broker in Seattle, WA for about 20 years. During which time he has helped many people, from investors to first time home buyers, achieve their goals in real estate.
He is fluent in Vietnamese, and serves the community by volunteering as a translator.
5017 Verdome Ln Houston, TX, 77092
MLS# 71424743 (HAR)
Broker: Register Real Estate Advisors
24727 Colonial Elm Dr Katy, TX, 77493
MLS# 18264514 (HAR)
Broker: Keller Williams Premier Realty
5818 De Lange Ln Houston, TX, 77092
MLS# 75574669 (HAR)
Broker: Team Regan Realty LLC
This varies depending on many factors. Price point, community, condition of the home, amenities, schools, and many more factors. But if you\'re speaking generally, the average for the Houston market is at 3.5 months. Again, every Neighborhood is different and has different driving factors. Best is to get with your Realtor and have them do a CMA for you so you can see the actual data for your area.\n\nFeel free to contact me directly.\nLam Nguyen \nRegister Real Estate Advisors \nLam@rrea.com \n281-901-0437
Hi, I would love to help you in analyzing apartments as an investment property. I\'ve consulted many investors over the years in dealing with apartments. \n\nCommercial and Investment properties are my niche. Feel free to reach out.\nLam Nguyen \nRegister Real Estate Advisors \nLam@rrea.com \n281-901-0437
This usually handled by the courts via divorce decree. If not have them contact a real estate attorney.
Great question. I usually refer my clients to: http://www.greatschools.org/ \n\nYou can enter your address or even the name of the school.
If you\'re representing the seller, hopefully you\'ve priced it accordingly. Texas contracts are As-is contracts. So, if the property has already been priced to reflect the condition, seller does not need to accept any repair requests and the buyer can move on if they don\'t accept that fact or if their lender is requesting repairs. If still within option period, release earnest money and move on. If within the third party finance period, same, release earnest money and move on. If outside of either, speak with your broker and see what your office policy is. \n\nIf you\'re representing a buyer, most of the above applies.
The best place to find out: \nhttps://www.texasrealestate.com/\nlogin, then go to:\ntools for realtor, then click on My Education.\nIt provides a comprehensive accounting of what you have taken and what is needed.
Yes, you would have your realtor put a contingency in your contract.
The easiest way to get started is knowing what you want out of your investment. The basic investors are those who flip, there are those who buy and hold in anticipation of future value, then there are those who are looking for cash flowing properties. The smart way to start is by understanding and learning about all costs associated with real estate investing. Your CPA can help you with the tax side of that and a good Realtor can guide you through the transactional details. Feel free to reach out if you would like to discuss further.
Houston is a diverse market. Any Realtor will tell you that it will depend on the neighborhood you are investing in. With the current state of the Oil & Gas, higher end homes have been seeing longer market times. Whereas properties priced under $300,000 in certain neighborhoods have a very short marketing time. Investing in rentals is not only a look at the cost of the property, but the likelihood of the neighborhood to maintain the rental price. As a Realtor, we can provide you this analysis with various tools we have at our disposal to enable you to make an educated decision on where you should or should not invest. If you would like to continue the discussion, feel free to click on my profile and reach out.
The way you accumulate wealth is to have someone else \'build\' equity into properties that you own. As far as \'to make money\', I believe the old saying is, \'You make money in real estate when you buy\'. However, it doesn\'t mean you can just go on MLS and buy whatever property that is listed. You must do your research, due diligence. Is the area an up and coming? Do you buy and hold? (not necessarily means to rent, but to buy and potentially sell a few years down the road as the area develops, or even build at that time and sell for market value) How are the schools? What is your risk level? Cash-flow is an element to \'make money\' in real estate investing, and the majority of people shouldn\'t buy a property unless it cash flows. However, it is not the only aspect to consider. While someone is \'building equity\' in your property, there are many things you can do to increase it\'s value. Starting with finding the right tenant. I personally would give up some cash flow, if the tenant was taking care of my property like it was their own. But, if you\'re looking for supplemental income, cash-flow may be what\'s best for you, for now. By now you probably have guessed that I am passionate about the topic. I have been helping investors for quite a while now and also invest myself. I\'ll be more than happy to carry on the discussion with you further, just click on my profile and shoot me a message.
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