In Search of the American Dream
Take Action and Find Good Leaders
As an independent business owner with HomeVestors® of America, Inc., Vee Le has achieved enviable success in the real estate investment industry. In just nine short years, Vee has already accomplished more than most other real estate investors accomplish in their entire career.
She has purchased 250 properties in this short time and is the owner of a property management company. And she’s not done, yet.
The Prelude
In 1995, at the age of 15, Vee Le and her family immigrated to the United States from Vietnam and settled in Houston, Texas. After graduating from high school, she attended the University of Houston where she earned her Bachelor of Science in Computer Science in 2005.
Upon graduating from college, she worked at both a full-time job and a part-time job until her mother bought a nail salon business and told Vee to manage it. Vee successfully ran the family business for ten years, starting in Colorado and then expanding into Texas. As Vee pointed out, “I ran that business for 10 years, 24/7, when I realized I needed something different to do in my life.” Enter real estate.
In 2014 Vee discovered the HomeVestors franchise opportunity. With zero real estate experience, she took a chance and bought a franchise in the Houston area. For the next three months, Vee was establishing her real estate business while still managing the family business before turning it over to a sibling. Now it was real estate full-time.
The Venture into Real Estate
Having bought her HomeVestors franchise mid-year in 2014, Vee bought 15 homes in her first half-year of business. With no real estate experience, she followed the HomeVestors systems down to the letter and relied on the advice of her Development Agent.
In 2015, her real estate business began growing exponentially and today she continues to buy 25-30 homes each year focusing on fix-and-flips, buy-and-holds and short-term rentals. Her current focus is on growing her team, which now consists of 10 employees, and growing her short-term rental portfolio. And she is now herself a Development Agent for the Houston and Corpus Christi markets helping new HomeVestors franchisees build successful operations and buy and sell residential properties.
Vee has diversified her short-term rental portfolio to include two distinct markets: Houston, which is an urban market, and Galveston, which is a destination market. This strategy offers a well-balanced mix of options that can cater to a variety of travelers including corporate travelers and vacationers. While short-term rentals are very competitive, Vee says that short-term rentals are her favorite investments, as they combine both real estate rental skills and hospitality skills.
Present Day
While owning a large portfolio is one of her key strategies for building long-term wealth through real estate investing, Vee has also expanded into other real estate related ventures.
Vee founded Buzz Vacation Rentals in 2020 to help other investors manage their most expensive assets, their second homes. Buzz Vacation Rentals is a premier property management company for short-term and vacation rentals in Houston and Galveston.
In 2018, Vee started a community of real estate investors who are thriving to operate at a high level. Its mission is to connect like-minded individuals with a common goal of financial freedom. It is all about deal-making, growing a rental portfolio, and supporting each other. “I want to help people and provide positivity and inspiration…it is my way of giving back,” Vee said.
Advice from an Expert
“It is important to understand that real estate is not about the house, it is about people. We help people get out of their ‘ugly’ real estate situations,” said Vee. She continued, “My best advice to anybody is to take action, find good systems, and find good leaders.”
Homevestors
What exactly does it mean to be a HomeVestors® business owner? Owning a real estate business is life changing and naturally comes with risks! When you become a HomeVestors business owner, you get immediate access to motivated seller leads, financing resources for qualifying purchases and repairs, one-on-one coaching with your local Development Agent, proprietary software for analyzing properties and deals, and access to a nationwide network of coaches and peers. Your house-buying business is yours and you run it as your own venture with a focus toward your individual business goals.
If you are interested in a franchise, call 866-249-6932, email Sales@homevestorsfranchise.com or visit www.homevestorsfranchise.com. Each franchise office is independently owned and operated.
