REI EXPO COMES TO CALIFORNIA MEET TIM HERRIAGE, THE FOUNDER OF THE REI EXPO STEPHANIE B. MOJICA
You won’t find Tim sugar-coating the facts. He
hopes people realize that whether he is speaking to
a roomful or to just one person, he is on a personal
mission to tell only the truth. He knows the people
who go into this business thinking they’ll “get rich
quick”, but who are not prepared for the hard work
and long hours are the people who will not be
successful.
In an average month, Herriage and his team
members buy five to seven houses. About half of
those will be wholesaled, some will be “flipped” and
No, he didn’t inherit the business. No, he wasn’t
born with a silver spoon in his mouth. In fact, he is
others will be maintained in a rental portfolio. But,
that makes it sound easy.
one of those “good ole boys” who grew up in
Northeast Texas where the heart of seven
generations of the Herriage family has beaten for
more than 100 years. He prides himself on his
honesty and strives to always be candid and up
front, regardless of whom he is talking to.
The truth is that Herriage Homes works with some
of the most challenging cases in the industry, like
unwanted and rundown rentals, properties in need
of major repairs, short sales, quick sales and
divorce sales, as well as pending foreclosures and
bankruptcy liquidations.
Right out of high school, in 1996, he enlisted with
the U.S. Marine Corps. In his relatively short
military career he distinguished himself as an
intelligence
analyst
and
learned
invaluable
leadership skills that have served him well ever
since he decided to return home to Northeast
Texas in 2001. Since that time he has focused on
becoming the best real estate investor possible
and now wants to help others to do the same.
“It takes me about 15 to 20 minutes to walk through
your house and make you a cash offer,” Herriage
explains. “I take the house as-is. You don’t have to
make repairs or even clean it out if you don’t want
to. You take what you want and you leave the rest.”
Herriage and his group of experts can help a
distressed homeowner get out of virtually any
housing situation, even when the circumstances
make it seem impossible.
“I got my quick start in this business by meeting
people who were willing to help me, and I try to do
the same. I love buying houses, but hate the fluff
and hype some put behind it,” he said. “The truth is
that it is really hard work, but it is hard work that
pays off.”
“The purpose of the REI Expo is
education and networking.
The last thing attendees want is to
sit through a weekend of sales
pitches.”