All Forum Posts by: Kelly Elterman
Kelly Elterman has started 3 posts and replied 4 times.
Post: Looking for Property Manager
- Investor
- San Antonio, TX
- Posts 5
- Votes 4
Can you recommend a property manager or management company? Looking to rent a SFH.
Post: Which form to use for leasing property to LLC?
- Investor
- San Antonio, TX
- Posts 5
- Votes 4
We have a rental property with a loan so cannot place the property into our LLC for 12 months (per bank rules). We were advised by an attorney and CPA to instead lease our property to our LLC and then have the LLC lease to tenants in the meantime. Does anyone know which TREC form we would need to set this up? I searched the website but was not able to find an answer.
Post: Cash flow vs. Appreciation
- Investor
- San Antonio, TX
- Posts 5
- Votes 4
Quote from @Hamp Lee III:
What I'm finding in a lot cases is of that fewer properties over $200K will cashflow without a significant downpayment. You may have to consider running the property as a STR or MTR…or a property requiring rehab.
There are deals out here. But it’ll be important to be specific about your strategy and dialing in the areas you want to target based on that strategy.
If you need help, let’s jump on a call.
That's what I'm running into as well - to cash flow most properties I'm looking at seem to require 50% or more down.
Post: Cash flow vs. Appreciation
- Investor
- San Antonio, TX
- Posts 5
- Votes 4
Starting out in the San Antonio market and having difficulty finding SFHs that cash flow well. Is this a function of the current market? Should I look elsewhere? Or are most investors still investing here despite poor cash flow because of the potential for significant appreciation in the coming years? Would love to hear how others are currently approaching this and nearby markets.