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All Forum Posts by: Carlos Gonzalez

Carlos Gonzalez has started 24 posts and replied 321 times.

Post: Duplex interest rates

Carlos GonzalezPosted
  • Investor
  • Phoenix, AZ
  • Posts 345
  • Votes 170

@Meredith Mihm

I got one for 5.25% 20% down. It’ll be the new norm for now.

Post: Help me with my next steps to grow...

Carlos GonzalezPosted
  • Investor
  • Phoenix, AZ
  • Posts 345
  • Votes 170

@Travis Frenchak

Maybe you need to buy land and get some construction going, a development.

Post: Six days before leasing signing, ceiling caves in!

Carlos GonzalezPosted
  • Investor
  • Phoenix, AZ
  • Posts 345
  • Votes 170

@Jim K.

This picture reminds me when I acquired my first small Multifamily fourplex in Phoenix. One day after closing I was I Dallas getting a training done for my then job then I get a call from the previous management and gives me the number of one of my property inherent tenant I called him and he says that his unit ENTIRE bedroom ceiling cave down. I called the insurance to handle that.

Knowing what I know now, the connections and relationships I have with handymen and contractors I would have called them right away I let them handle this minor job repair. The insurance they don’t fix the problem as in this picture (water leak) they fix the ceiling and that’s about it.

Post: Need advice on a whether to buy a duplex - Chandler Arizona

Carlos GonzalezPosted
  • Investor
  • Phoenix, AZ
  • Posts 345
  • Votes 170

@Lisa Caracciolo

Buy it. The property values in Phoenix are increasing rapidly and they’re not going to stop anytime soon. The rents are also increasing rapidly too. Renting to section 8 means more $$ as well as more headaches too (not all the time)

About the train tracks, no worry about it. Phoenix has a demand supply and not enough supply. Renters are okay renting pretty much anywhere given the current economic housing situation.

Post: Rats totaled tenants car - Am I at any fault?

Carlos GonzalezPosted
  • Investor
  • Phoenix, AZ
  • Posts 345
  • Votes 170

@Steve K.

This is the answer I was looking for!

Post: 401k or Real Estate?

Carlos GonzalezPosted
  • Investor
  • Phoenix, AZ
  • Posts 345
  • Votes 170

@James Somers

Current stock market is very volatile and so over priced so I would take part of my 401k money and run and diversify it into other assets like real estate.

@David Cozzi

Depending on the structure, for the most part they own a % of the rent income, fees of all kinds, and a % of the disposition of the property if they make a profit.

Post: Apple TV vs Roku vs ??? for STR

Carlos GonzalezPosted
  • Investor
  • Phoenix, AZ
  • Posts 345
  • Votes 170

@Bruce Woodruff

True but I would personally do it. That just me.

Post: Apple TV vs Roku vs ??? for STR

Carlos GonzalezPosted
  • Investor
  • Phoenix, AZ
  • Posts 345
  • Votes 170

@John Majoris

Roku 100%

Download and pay for Amazon, Netflix, Disney, HBO

That should be more than enough.

Your guest can sign up with their accounts and if they want to watch something and is not free maybe they can pay using their account. That easy.

Post: How do i overcome fear!?

Carlos GonzalezPosted
  • Investor
  • Phoenix, AZ
  • Posts 345
  • Votes 170

@Nathan Leger

This is what I think:

Company jobs (people call it careers to be more fancy) are everywhere especially right now.

Some people have dreams to start up a company, to invent and sell products or services. Let me tell you, that dream or vision is worth pursuing with passion to achieve what you ultimately want. The money is secondary, it will come as long as you keep doing what you’re doing in a successful manner.

In summary, company jobs should be your last resort to make a living and your priority should be to pursue and build your vision and achieve it.

It’s not about fear. It’s about having your priorities straight

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