All Forum Posts by: Leeroy Ayala

@Alexandra Hughes Pailet thank you 

Good evening - I heard Orlando for next year. Have the dates and location been announced? 

Would like to connect with DSCR lenders - send me your info as well as type of rates you are currently seeing - Purchase Price about $450k - in GA

Thank you @Preston Dean

Good Afternoon BP Fam - I wanted to get a general sense of direction of what you would do - this isn't a problem, it is more which is the better opportunity - 

We currently have a large amount in our sons 529 plan, which averages about 10% return per year, invested 100% in S&P Funds.  We take advantage of the opportunity to withdraw, tax free $10k per year to put towards his private school tuition.  Just finished kinder, starting first next year.  The current plan would be to hold the 529 until he graduates and then use for college tuition or convert to a Roth if he pursues ministry or trade school.  

We also have an opportunity to invest in a non traditional single family home, which would cost about $300K, with downpayment of $60K and after closing cost/minor repair etc etc - maybe $90K total - This would almost drain the 529, leaving about $15K. Because of the investment we would cash flow about $1200 per month - that is after mortgage, taxes and insurance, vacancy is very low - the $1200 would be used to pay for his tuition. 

So what would you do - stay with the 529 route or withdraw and invest in the SFM 

Thank you for your input -

Good afternoon! We are looking to close on a property towards the end of this year or at the start of 2025. Can you please send me over any recommendations for insurance agents in Ohio. Thank you.

Hey there! Would like to connect. I will be in the RGV next week. 

100% new photos, if anything remove the photo with your reflection in the mirror. A Facebook photographer could change you $200 for professional quality photos. 

What are you basing your approval on? Credit, history, etc etc possibly adjust your expectations just a bit. You could also adjust your security deposit. In the long run, it is rare any tenant will take care of your home as well as you would 

A 3/2 is a great family home but less families will move this time of year. You are priced right for the area, there is just less potential tenants right now. 

Greetings from the North Dallas area. We are looking to add to our portfolio, prefer north Texas, southern Oklahoma. Single family, multi family, self storage 

agents, owners, lenders - let’s connect 

Sounds great