Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
Followed Discussions Followed Categories Followed People Followed Locations
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Luis Vaca

Luis Vaca has started 6 posts and replied 87 times.

Post: Need a place to invest $500k

Luis VacaPosted
  • Specialist
  • Oxnard, CA
  • Posts 92
  • Votes 32

@Dan Engberson I'd recommend spread it in a few syndications that cash flow.

Another option is dividend stocks but not sure how open you'd be to that

Post: Multifamily newbie looking for advice

Luis VacaPosted
  • Specialist
  • Oxnard, CA
  • Posts 92
  • Votes 32

Set up some keywords for the locations you want to invest in and you'll get notified when people post about those locations. Also you can just search the forums for the locations you're interested in and you might find some meetups available for you to join.

Post: Santa Clarita Mastermind

Luis VacaPosted
  • Specialist
  • Oxnard, CA
  • Posts 92
  • Votes 32

Sounds good to me

Post: House Hacking Investment

Luis VacaPosted
  • Specialist
  • Oxnard, CA
  • Posts 92
  • Votes 32

@Alexis York I've been looking for something similar. It's probably best to stick with the SFH 4 bed and attract good roommates.

Post: Santa Clarita Mastermind

Luis VacaPosted
  • Specialist
  • Oxnard, CA
  • Posts 92
  • Votes 32

I'd be interested

Post: Interested in Las Vegas , help me with areas to choose

Luis VacaPosted
  • Specialist
  • Oxnard, CA
  • Posts 92
  • Votes 32

Nice post @David Galie , I admit i usually have ignored North vegas as i am looking to move there in the near future. I basically have explored every neighborhood EXCEPT north Vegas, lol. Are you looking for those 10 doors strictly in Vegas? 

So it's an an increase of 0.5%, which is an extra 500$ for every 100k loaned out. They probably figured they could take advantage of real estate since it's doing so well! BS

Post: California market current - 6 months

Luis VacaPosted
  • Specialist
  • Oxnard, CA
  • Posts 92
  • Votes 32

Great points by @Dan H., and if the White House decides mull any capital gains tax you can add those properties to the possible increase in inventory as well

Post: SBA EIDL loan for investment property

Luis VacaPosted
  • Specialist
  • Oxnard, CA
  • Posts 92
  • Votes 32


Copy and pasted some info below. Though depending on how much you receive they probably won't check what you spent it on. 

EIDL advance: permitted uses

Your EIDL advance will not have to be repaid provided that you use 100% of the money for:

  • Paid leave
  • Maintaining payroll
  • Increased costs of materials
  • Mortgage, lease, or rent payments
  • Other obligations that can't be met due to revenue loss

EIDL advance: non-permitted uses

You may not use your EIDL advance (or loan) for:

  • Replacing lost sales or profits
  • Business expansion
  • Refinancing long-term debt

Post: Should I sell my property for profit and reinvest?

Luis VacaPosted
  • Specialist
  • Oxnard, CA
  • Posts 92
  • Votes 32

I sold my primary for the same reason. Refinancing it would not make it cashflow once i rented it. HELOC was an option that was attractive but at the end of the day i chose to sell. Plan on investing most of it in syndications, and house hack my next primary.

1 2 3 4 5 6 7 8