All Forum Posts by: Kenneth Williams

bump

3/2 

2400 Sq Ft. the biggest SFR in the neighborhood
356 Betty Jean St.

This one won't last long. Send your offers to Ken @ 210-984-3564.
Roof less than two years old. AC and Furnace replaced in October of last year.
Rehab consist of Foundation (If you choose) and Siding.
Property sits on a 1/2 Acre corner lot, Fire place, detached garage, Huge family living room etc.

ARV: $160k
BUY: $88k
REHAB: $15k

RENTS $1200-1400

$2000 nonrefundable deposit with contract.
No options
Buyer pays closing cost.
One time walk through. No exceptions
Drive by, Do not disturb tenant.

BCAD has property accessed at $120K. 

3/2

2400 Sq Ft. the biggest SFR in the neighborhood

356 Betty Jean St.

Great Flip or Buy and Hold. This one won't last long. Send your offers to Ken @ 210-984-3564.

Roof less than two years old. AC and Furnace replaced in October of last year.

Rehab consist of Foundation (If you choose) and Siding.

Property sits on a 1/2 Acre corner lot, Fire place, detached garage, Huge family living room etc.

ARV: $160k

BUY: $88k

REHAB: $15k

RENTS $1200-1400

$2000 nonrefundable deposit with contract.

No options

Buyer pays closing cost.

One time walk through. No exceptions

Drive by, Do not disturb tenant.

BCAD has property accessed at $120K. You're getting the property $25K under the accessed value. 

Ive been curious about this as well.

@Michael Guzik You're right I need to check and see what the standard is in that area. From there I will reach out to CPS depending on what response i get from the other landlords. 

@Percy N Thats exactly what the companies I've reached out to so far have stated.

Good Afternoon BP! So I just got my first multifamily property under contract. Its currently a triplex (3/2, 2/1, 1/1). The 2/1 and 1/1 are both rented out with longterm tenants on a month to month basis and below market rents:) I have enough space in the 3/2 to convert to fourplex if I so choose but I haven't made that decision just yet. The previous owner was actually living in the 3/2 but has since moved out. She stated that since the structure was built right on the property line the utility companies stated they would not be able to separate the meters.

Utilities are broken down as such: Owner pays water apprx $120 monthly : Tenants split electric/gas $300 monthly

I say all of that to ask, Are there any companies that install the RUBS system here in San Antonio on such a small scale (2-4 units) ? Any local property management companies with expierence working with these companies or their software?

Good Afternoon BP! So I just got my first multifamily property under contract. Its currently a triplex (3/2, 2/1, 1/1). The 2/1 and 1/1 are both rented out with longterm tenants on a month to month basis and below market rents:) I have enough space in the 3/2 to convert to fourplex if I so choose but I haven't made that decision just yet. The previous owner was actually living in the 3/2 but has since moved out. She stated that since the structure was built right on the property line the utility companies stated they would not be able to separate the meters. 

Utilities are broken down as such: Owner pays water apprx $120 monthly : Tenants split electric/gas $300 monthly

I say all of that to ask, Are there any companies that install the RUBS system here in San Antonio on such a small scale (2-4 units) ? Any local property management companies with expierence working with these companies or their software?

@Matthew Medlock I plan on going down to city hall or wherever and getting proper clearance for my area. I suggest you do the same if you’re thinking about putting some out. 

Just curious if anyone has a local company in the area that they purchase bandit signs from? I would much rather purchase locally if possible.