All Forum Posts by: Andres Murillo

I've strictly worked with investors for my entire career.

Currently focusing on helping investors find, analyze, acquire, set up, and optimize STRs in CA, GA, AL, and NC. '

Love the idea of networking with other agents! Most agents I meet are setting up open houses and baking cookies rather than breaking down CAP rates. It'll be refreshing to connect with some agents that are breaking down the analytical side of things.

Spend time comparing occupancy rates, average revenues, and seasonality. Use some data driven tools to research Bulverde for these factors and then compare across other markets you feel confident with. I'll PM you a free data tool you can use. 

I found a great way to quickly make the grades more meaningful is to dig into the areas you already know. 

Check out the markets where you vacation regularly and compare how AirDNA grades them with how you would personally grade them.

Think about what drives the demand there, the supply of STRs available to you, and how demand might fluctuate. 

 1. I've noticed that most cities that have changed their regulations will grandfather in current owners. 

2. This really depends on how good you are at using your analysis tool and also how your property stacks up to the comparables from a qualitative perspective. Algorithms are great with black and white data (bedrooms, baths, sqft, pool, etc) but understanding the grey area is what'll build your confidence. 

3. Yup! I can PM your their contact info. 15% PM fees.

As one of those "investor friendly" agents it's either...

A. They're looking for someone that owns investment properties and/or has helped investors build portfolios of investment properties. Repeated success within our niche builds up confidence in those hoping to do the same. 

B. They want someone who will submit dozens of low ball, unqualified offers on their behalf. 

I try my best to avoid the "B" option folks lol. 

The Sacramento MSA has one of the lowest vacany rates in the country. Comps you use to determine your rent goal should be supported by recently closed leases in the area. I can PM you a free tool that will quickly analyze properties for you.

Cash flow in LA (or within an hour of Marina Del Rey) is tough. Have you looked in to buying out of state or arms distance away? I've helped plenty of investors get started in their 20s while living in expensive cities like LA. 

Nothing wrong with a 30% down payment! Less debt, smaller monthly payment, greater odds to make better properties/better neighborhoods cash flow.

Are you strictly searching in Fort Worth?

Love BHam! Avondale Brewing and Cahaba are two of my favorite spots. 

Were you thinking about a traditional rental or a short term rental?