All Forum Posts by: Aaron T.
Aaron T. has started 43 posts and replied 772 times.
Post: Add Puerto Rico to Market Place
- Developer
- Aguada, PR
- Posts 921
- Votes 278
Originally posted by @Adam Tafel:
@Aaron T. - I'd love to buy on Vieques someday, thoughts?
that is a beautiful island, so is Culebra. Anywhere on the island is beautiful. it just depends on what your goal is for the property. Just know going into it, that everything is 10x as hard to do as it is on the mainland, especially with COVID. it takes half a day to wait in lines at Home Depot. God forbid you have to make two trips.
Post: Add Puerto Rico to Market Place
- Developer
- Aguada, PR
- Posts 921
- Votes 278
Admin, can you Add Puerto Rico as a location in market place. I am not sure where else to add this request.
Post: Puerto Rico Real estate
- Developer
- Aguada, PR
- Posts 921
- Votes 278
We just closed on a beach villa on the west side. COVID made everything twice as hard as it normally is down there. We will return in a couple months and finish furnishing it for a bnb rental.
Post: New To Real Estate, My Introduction
- Developer
- Aguada, PR
- Posts 921
- Votes 278
Luis, where is your sisters house in PR?
Post: Active Duty Military - Rent/Sell? Brandon FL
- Developer
- Aguada, PR
- Posts 921
- Votes 278
Originally posted by @Kevin Mika:
Did you buy this property using your VA benefits? If so once you move are you planning on using the VA to buy the property? You can only have one at a time. That being said you could you could refi the loan at cash value and gain a smaller monthly payment putting more cash flow in your pocket. I would personally hold the property. If you need help with management of your property while your away I can handle that for you also.
Kevin, this is not true, you can have multiple VA loans. I believed they also lifted the eligibility cap this year, so you are not restricted on how much you can spend on the next VA loan.
Post: House hacking Central AC/Individual AC
- Developer
- Aguada, PR
- Posts 921
- Votes 278
Another option is a few multi zoned split units.
we opted for a portable AC in our rental unit, as it was $400, rather than the $6k they wanted for a AC system mated to the furnace.
Post: Looking for a Real Estate Agent in Tampa bay area
- Developer
- Aguada, PR
- Posts 921
- Votes 278
try Geno at central fl home hunters
Post: Referrals in Colorado Springs
- Developer
- Aguada, PR
- Posts 921
- Votes 278
Recommend Colin Smith can help you out buying and selling.
John Finger does legal
Lisa Hernandez, Bear Creek Mortgage can help with financing
Post: Best Neighborhood in Tampa for a Young Professional?
- Developer
- Aguada, PR
- Posts 921
- Votes 278
hyde park, or anywhere in South Tampa is a great spot....you will pay for it though. if you go north of the 275, west of the river, you will find better prices and an improving area.
Post: Someone investing in Puerto Rico (west side)?
- Developer
- Aguada, PR
- Posts 921
- Votes 278
-you will have to use a bank or credit union that has a physical location on the island.
- It takes roughly 60+ days to close. roughly 30 days for the bank, and 30+ for the municipality to sign and stamp.
-hire a lawyer.
-understand the heir laws
-there is no MLS, so use sites like point2point or realtor websites
-dont expect quick responses from anyone
-everyone has their hand out. you will pay for everything at every turn
-closings are more expensive, see my comment above.
-rincon is super expensive. Investors own most of the properties near the coast, so dont expect deals.
-days on market makes no difference in PR.