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All Forum Posts by: Gustavo Delgado

Gustavo Delgado has started 23 posts and replied 225 times.

Keep your low rate. Maybe payoff the other rental or just use those funds for a new one.

Post: Having a hard time finding cash buyers

Gustavo DelgadoPosted
  • Houston, TX
  • Posts 227
  • Votes 149

Why are you only looking for a cash buyer? is the property not financeable?  

Post: Rent collection software

Gustavo DelgadoPosted
  • Houston, TX
  • Posts 227
  • Votes 149

I use go4rent.com. They tenant pays $1.95 processing fee, you get your rent sent to your bank account around 5 business days from payment

Post: For Sale By Owner

Gustavo DelgadoPosted
  • Houston, TX
  • Posts 227
  • Votes 149

Talk with other owners in the community that may have a rental there themselves. Let your neighbors know you are selling. 

Post: Condo for sale 2/1.5 77042 zip code

Gustavo DelgadoPosted
  • Houston, TX
  • Posts 227
  • Votes 149

Selling my rental condo in Westchase area. Needs light cosmetic work. A/C is one year old $120k. similar units in community sold for $140K+

The the HOA does not have enough funds, a lender may not lend on it. You may have to sell it cash. Whoever is the HOA board members need to square away the finances before the hole gets too big

man that sounds like a great idea! good luck!

Post: Need Career Advice

Gustavo DelgadoPosted
  • Houston, TX
  • Posts 227
  • Votes 149

keep your job and look to get into some syndication for multi-family or partner up with an investor to learn the ropes. 

Post: How do you work with drug addicts?

Gustavo DelgadoPosted
  • Houston, TX
  • Posts 227
  • Votes 149

you should just walk away and refer them to social services

Post: What is the right move here?

Gustavo DelgadoPosted
  • Houston, TX
  • Posts 227
  • Votes 149

Question #1. YES! threaten both of them with a lawsuit and they will very likely settle with you. Hell, add the inspector as well.