All Forum Posts by: Gautam Venkatesan
Gautam Venkatesan has started 11 posts and replied 586 times.
Post: Can you truly get ahead by buying turn-key homes

- Investor
- Dallas, TX
- Posts 619
- Votes 128
@Whitney Hutten what do you mean by "repositioned my turnkeys"?
Post: BREAKING NEWS: You’re not an idiot for using less leverage

- Investor
- Dallas, TX
- Posts 619
- Votes 128
Originally posted by @Pat L.:
you shorten the term every time your refi to match rents
Pat could you explain further - do you take out 10 or 15 year loans when you refi?
Post: Market in Charlotte NC

- Investor
- Dallas, TX
- Posts 619
- Votes 128
@David Rutledge why not do a cash-out refinance if you need funds for another investment and keep this property?
Post: First Deal Indianapolis

- Investor
- Dallas, TX
- Posts 619
- Votes 128
@Ricardo Campos congrats on your first rental in Indy!
3.625 % is an amazing rate for a NOO property. Please be informed tax assessment values are supposed to be re-evaluated in Marion county this year (2020) so plan for your taxes to reflect your sales price. Not sure how the current COVID-19 situation might impact this timeline.
Post: What's your exit strategy on your turnkey property?

- Investor
- Dallas, TX
- Posts 619
- Votes 128
@Tim Harwick if you have equity built up in the property why not consider a cash-out refi (non-taxable transaction) and use the funds to purchase another rental?
Post: Owner Finance buyers in Dallas

- Investor
- Dallas, TX
- Posts 619
- Votes 128
I've found bandit signs in the area have worked best.
Post: What would you do?!????

- Investor
- Dallas, TX
- Posts 619
- Votes 128
@Thomas Marks you could offer to close once the property is tenanted and see if the turnkey provider agrees. It would not be wise to close prior to having an acceptable tenant in place as other have said you will be the one to incur costs of a vacant property.
Post: anyone deal with Maverick Investor Group?

- Investor
- Dallas, TX
- Posts 619
- Votes 128
Wow @Raj G. thanks for sharing. Sorry to hear about your experience.
Post: 6-7% Return Wanted on a Rock-Solid Investment Vehicle

- Investor
- Dallas, TX
- Posts 619
- Votes 128
@Amy Wan guaranteed??
Post: Memphis Invest: Thoughts, Reviews, Experiences, Advice?

- Investor
- Dallas, TX
- Posts 619
- Votes 128
There are several threads on BP about MI. I would encourage you to use the search functionality on BP.