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All Forum Posts by: Luis Batista

Luis Batista has started 7 posts and replied 14 times.

Hi Everyone,

I tried to do some searches on Google but came up short. Can anyone recommend property management services for Airbnb on the western side of Puerto Rico? Particularly around San Sebastian.

Thank you!

Post: Airbnb in Puerto Rico during Covid

Luis BatistaPosted
  • Highland Park, NJ
  • Posts 14
  • Votes 1

@Aaron T.

Do you know of anyone who does property management for Airbnb on the west side of the island? Particularly around San Sebastian.

Post: Airbnb in Puerto Rico during Covid

Luis BatistaPosted
  • Highland Park, NJ
  • Posts 14
  • Votes 1

@Roberto Torres Hey Roberto, thanks for the insights. I took a look at Airbnb and it looks like a number of the listings are concentrated in Old San Juan. I assume that is where the most competition is or is it the same across all of San Juan?

Post: Airbnb in Puerto Rico during Covid

Luis BatistaPosted
  • Highland Park, NJ
  • Posts 14
  • Votes 1

@John Underwood I'll check out VRBO as well. I hadn't thought about it before. Thanks

Post: Airbnb in Puerto Rico during Covid

Luis BatistaPosted
  • Highland Park, NJ
  • Posts 14
  • Votes 1

Anyone here from Puerto Rico who has an Airbnb property in San Juan?

Do you find that your occupancy has dramatically decreased or you've had to lower your average nightly rate during Covid?

I've been looking at online postings and am trying to assess the viability of buying a property to Airbnb in San Juan in 2021.

Post: Seller Financing in NJ

Luis BatistaPosted
  • Highland Park, NJ
  • Posts 14
  • Votes 1

@Justin Abdilla

Thanks!This helps to point me in a direction. I appreciate the response.

Post: How To Structure This Owner-Finance Deal

Luis BatistaPosted
  • Highland Park, NJ
  • Posts 14
  • Votes 1

@David Brown

David, did you prepare the sales contract with the terms yourself or did you have someone else do it?

Post: Seller Financing in NJ

Luis BatistaPosted
  • Highland Park, NJ
  • Posts 14
  • Votes 1

Does anyone have experience executing seller financed deals in NJ?

Is it necessary to work with a real estate agent in NJ for a seller financed deal if you've already identified a possible deal with a seller?

Also, does the real estate attorney put together the contract and promissory note or are there different professionals involved?

I bought my primary residence with a conventional mortgage, but I want to understand how a seller financed transaction might work/differ.

Post: Starting out in Middlesex County, NJ

Luis BatistaPosted
  • Highland Park, NJ
  • Posts 14
  • Votes 1

@Jason Zimmer Thanks Jason. I will check it out.

Post: Starting out in Middlesex County, NJ

Luis BatistaPosted
  • Highland Park, NJ
  • Posts 14
  • Votes 1

Hi Everyone,

I'm hoping local investors might be able to share their experience of investing in Middlesex County (particularly the area around Rutgers)?

Is it possible to find properties that cash flow there? What is that market like?

Thanks.