Creative Real Estate Investing with Frances Chau
Real Estate - Houston, Texas, United States
Creative Real Estate Investing with Frances Chau Employees
Creative Real Estate Investing with Frances Chau Details
My StoryI'm 100% Chinese, born in Vietnam, and came to the United States when I was 6 years old. I'm the oldest of 5…with 3 brothers and 1 baby sister who is 12 years younger than I. We grew up on the east side of San Jose, CA. I lived there for 25 years before moving to Frederick, CO for 6 months – Orlando, FL for 6 months – Austin, TX for 4.5 years – Harlingen, TX for 4.5 years and Houston, TX for over 10 years. Someone once told me that if I lived in Texas for over 2 years, I'll never leave. I guess I'm Texan now. I wanted to get into real estate at the age of 18 but I had no clue how to get started. At the time, I had no money or credit and I had no friends with money or credit. I went through the "No Money Down" course by Carlton Sheets six (6) times and still could not understand it. So, I shelved it.After injuring my lower back while selling computers at Micro Center, I could not hold a full time job. It would take me 5 minutes to get from the front door to the back door of my house. It was a very frustrating time in my life. I felt useless and hopeless.I saw the late night infomercials with Carlton Sheets again. By now, I was almost 28 years. I bought the course AGAIN. This time I understand all the instructions and thought it was too easy. So I went through the course once more, just to make sure I truly got it.In 6 short months, I purchased 7 properties (2 Duplexes, 2 Fourplexes, and 3 Single family homes while using none of my own money or credit….I had none. I put $20K in my pocket while acquiring 2 Duplexes for $480K plus $800/month in CASH FLOW.Learn how I did it!Long-story short….I love using creative techniques to acquire and flip real estate. I figure that if someone like me (with only a 10th grade education) can do it, anyone can.
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