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All Forum Posts by: Taylor Dasch

Taylor Dasch has started 17 posts and replied 863 times.

Post: HELOC for 2 unit investment property in Chicago, IL

Taylor Dasch
Posted
  • Real Estate Agent
  • Temple, TX
  • Posts 891
  • Votes 649
Quote from @Jack Matthias:

Hi Josh,

Curious why the Heloc as this can be done with better terms going the conventional route.


If he owes a decent amount on the property, wouldnt the conventional route make him lose whatever interest rate he has? I would assume that if its for a short term loan, it would likely be better terms with the HELOC but I dont know much about the subject honestly.

Post: Can foreigners buy Real Estate in Mexico? Legal process explained!

Taylor Dasch
Posted
  • Real Estate Agent
  • Temple, TX
  • Posts 891
  • Votes 649

Thats really awesome, I travel to Mexico quite often and have been thinking about this. So if I understand, you would get a loan the normal way and then the bank trust is an extra fee that comes along with owning the property in Mexico? Do you sell / buy real estate in Mexico personally? 

Post: New Text Restrictions

Taylor Dasch
Posted
  • Real Estate Agent
  • Temple, TX
  • Posts 891
  • Votes 649

That seems a little odd, I still send out text messages and I dont have a website. If you need to, it may be worth it to just create a website - its really not that expensive to get a basic one from fiverr

Post: New Year, New Goals!

Taylor Dasch
Posted
  • Real Estate Agent
  • Temple, TX
  • Posts 891
  • Votes 649

Sounds like some awesome goals! I just want to get financable this year - pay off debt, save some $. 

Post: HELOC for 2 unit investment property in Chicago, IL

Taylor Dasch
Posted
  • Real Estate Agent
  • Temple, TX
  • Posts 891
  • Votes 649

Try Jay Hurst ( on BP), I'm not sure if he works this area but he can probably find something or give you some information / options moving forward.

Post: Marketing Strategy Off Market Leads

Taylor Dasch
Posted
  • Real Estate Agent
  • Temple, TX
  • Posts 891
  • Votes 649
Quote from @David Lecko:
Quote from @Preston Dean:

@Chris Seveney

I've heard deal machine as a sponsored ad on the BP podcast years ago. Wonder why the reviews aren't so hot

Hey Preston, I am the owner of DealMachine. Happy to answer any questions or concerns. 

Since you are an investor friendly agent that drives for dollars, I would invite you to try out the AI which looks at google images and satellite images to tell you if the property is distressed. IT will save you time and cost less than gas.

The AI can also look at your past deals and generate a marketing list of similar owners.

It has been getting amazing reviews since we released in November 2024


 That sounds like a great idea, does it pull from google images that were recently taken? How can we get this. I am not too familiar with the way google images works. 

Post: Seeking Advice - Multifamily Investment with Potential Short-Term Rental Strategy

Taylor Dasch
Posted
  • Real Estate Agent
  • Temple, TX
  • Posts 891
  • Votes 649

I will say that if it were my market in Temple and I had the same opportunity and the MTR numbers looked good, I would jump on it. 

Post: Seeking Advice - Multifamily Investment with Potential Short-Term Rental Strategy

Taylor Dasch
Posted
  • Real Estate Agent
  • Temple, TX
  • Posts 891
  • Votes 649

I always run the numbers with long term rental rates. Its up to you, have you done STR / MTR in this area before? If so, you may have less risk if you are comfortable with getting it rented / the MTR numbers. It would just be more risk on your part if it doesnt cash flow because it doesnt get rented Short / Midterm.

Post: Marketing Strategy Off Market Leads

Taylor Dasch
Posted
  • Real Estate Agent
  • Temple, TX
  • Posts 891
  • Votes 649
Quote from @Nicholas L.:

@Michael Ewers

i can only speak for what i've done as i suspect it varies by market.  i had a lot of success with direct mail and actually a fair amount with email.  SMS really did not work, it seemed to annoy a lot of people waaaaaaaay more any other method.

Do you use a service or do you create the mail on your own? What are you putting on the card? Is it handwritten?

Post: Seeking Advice on Investment Property Strategy: Cash-Out Refi, Raise Rent, or Sell?

Taylor Dasch
Posted
  • Real Estate Agent
  • Temple, TX
  • Posts 891
  • Votes 649

I think the HELOC is the way to go if you can - However after reading your post, if you are talking about a 6 figure pay day, how long would the property take to generate that 6 figures in cash flow? It could make sense to just sell the place.