All Forum Posts by: Daniel Mendez
Daniel Mendez has started 96 posts and replied 247 times.
Post: BRRRR'ing in Huntsville?
- Investor
- Dallas, TX
- Posts 254
- Votes 47
@Whitney Hutten
Whitney, are those cities up and coming as well?
Post: 36 Units - Acquired for $789K, Valued at $2.1M in Just 3 Years?!?
- Investor
- Dallas, TX
- Posts 254
- Votes 47
@Michael Ealy
Michael, how did you go about finding the property?
Post: Huntsville, AL: Zip Codes (The Good and Bad)
- Investor
- Dallas, TX
- Posts 254
- Votes 47
Good morning BP members,
I am currently doing research on the Huntsville Alabama market and I am trying to understand more about it.
I wanted to ask local investors what zip codes are the "good" zip codes and which zip codes I should NOT invest in?
Thanks in advance!
Post: Overseas Huntsville resident - agent recommendations?
- Investor
- Dallas, TX
- Posts 254
- Votes 47
Originally posted by @Matt Sosa:
Hey Joshua. I definitely can recommend Amy Williams. She's a realtor that I've worked with extensively in the Huntsville area. Incredibly knowledgeable about the area, and has given tons of great insight. As someone who has done this remotely, I can say she's been invaluable, and is always up to give me her honest opinion, which I can't value enough. And she's an incredibly hard worker. Follow up and communication is exemplary.
~Matt
Matt, which company does Amy work for?
Thanks in advance!
Post: BRRRR: Refinancing into LLC?
- Investor
- Dallas, TX
- Posts 254
- Votes 47
Originally posted by @Timothy Visio:
I work with a company that does 80% LTV and only has 3 month seasoning. Must close in an LLC tho.
Timothy,
What states do they lend on?
Post: Real Estate Conferences: Which are a must?
- Investor
- Dallas, TX
- Posts 254
- Votes 47
Good evening BP members,
Besides BPCon, which other real estate conferences, based on your guy's experience, are a must to attend for a new real estate investor?
Thank you in advance!
Post: DFW Holding Cost: How do you determine them?
- Investor
- Dallas, TX
- Posts 254
- Votes 47
Originally posted by @Mike Burkett:
@Daniel Mendez For smaller houses, neither will be a big number. $50-$75 for water/sewer unless you are watering grass in summer. $50-$100 for electric unless you are running AC/heater all the time. Neither should have a big impact on economics.
Thank you, Mike.
I greatly appreciate your input.
Post: DFW Holding Cost: How do you determine them?
- Investor
- Dallas, TX
- Posts 254
- Votes 47
Originally posted by @Anthoney Hanks:
For me it is a guess. But with no water running probably around $45-$60 and if garbage is part of that $80-$100. You could call a electric company and they probably could give you an average. But my rehab (960 sq ft) avg $120. Hope this helps. And mine is rural area too.
Thank you, Anthoney.
Post: DFW Holding Cost: How do you determine them?
- Investor
- Dallas, TX
- Posts 254
- Votes 47
Good evening BP members,
For those of you who fix and flip in the DFW area, how do you calculate or determine how much your holding costs will be?
What would be a good way to understand the average electricity bill, water bill etc?
Thanks in advance!
Post: Title Company: Any recommendations?
- Investor
- Dallas, TX
- Posts 254
- Votes 47
Originally posted by @Mike Burkett:
Talk t Shannon Williamson over at First Western Title. They love investors.
I appreciate that, Mike.
Do you know which branch she is in?