All Forum Posts by: Javier Sanmiguel

Maybe switch 'em over to a month to month lease when it's up and like others have suggested raise the rent and add an incentive discount for on time & or online payments. 

Hey Nicholas, Aaron from visionary plumbing did a good job for me. I'll message you his info. Good luck!

@sam

@Sam Steadman any thoughts?

Hi Kelly! I checked that one out about 6 months ago and the listing price was way LOWER. This is a big project and if your budget and experience are low I would look somewhere else. Shame though, its in a decent place and it looked really nice before the fire. 

p.s if you do ignore the warnings, at least swing under 50k 

Hey Bruno, the price point for this deal would have to come down A-LOT or figure out how to bring up rents. At the end of the day rents always save the day and possibly this deal. It's not a bad location, call around other rentals in the area. Good luck!

At the end of the day what I feel is most important when analyzing a deal is accurate numbers and a good Percent on CoCR. If the return is 12%+ and it translates to $100 it MIGHT be a good deal. But if $100 translates to 2% return, then it might be better to invest in Billy's Lemonade stand across the street. 

Welcome to BP Christine! I am a new to real estate investing as well. So far I have a duplex and am looking to buying at least one more property before the year ends. It took a lot of offers and searching to get the one, but with the right team it can be done. Let me know if I can help in any way. Good luck! 

I agree with Amber Gonion, but I also highly recommend Sam Steadman. He has done a great job for me. @Sam Steadman

Great job Dan! I remeber driving by that house many times while it was being rehabed. It turned out better then I imagined! 

Hey @KeithFjelstead do you have someone?