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All Forum Posts by: Manuel Gonzalez

Manuel Gonzalez has started 19 posts and replied 119 times.

Post: The Occupants from Hell!

Manuel GonzalezPosted
  • Lake Jackson, TX
  • Posts 119
  • Votes 34

I would  have done it gangsta  style........

Post: Laminate flooring peaking and tongue/groove separating!?

Manuel GonzalezPosted
  • Lake Jackson, TX
  • Posts 119
  • Votes 34

I've had this issue when installing over old hardwood floor  in pier and brams homes. What I belive happens is that the moisture  travels thru subfloor  and thru  hardwood floor and evaporates. After you  install laminate it can't evaporate moisture gets trapped and hardwood floor starts warping. We had to pull up laminate and remove hardwood  install all new tar paper and plywood and then laminate

Post: Is it a waste of time talking to others about investments?

Manuel GonzalezPosted
  • Lake Jackson, TX
  • Posts 119
  • Votes 34

People tend to be negative they always  told me their  wasn't no money in this  and that the truth  is their are  broke doctors and wealthy doctors broke welders and wealthy welders  it's what you  make out of it life is a hustle.When people  are down playing  buy and hold  I just  agree with them and say yeah  their is no money in this it's just my hobby

Post: Finding contractors

Manuel GonzalezPosted
  • Lake Jackson, TX
  • Posts 119
  • Votes 34

stop and talk to contractors  when you  see them working you  would be surprise how many do side  jobs or have a friend that needs work that knows  how to  work don't  pay up front  for nothing.  Deal with the worker cut out the owner  of the contracting  company  worker don't pay for over head he will work for cheap  daily wage or per job con is he wont be insured 

Post: #24 rental was purchased today

Manuel GonzalezPosted
  • Lake Jackson, TX
  • Posts 119
  • Votes 34

@Georgep.  Maybe you could  of sold those mags  I use a 14 foot dump trailer  but I went that  route cause here  the 40 yard containers run me about  500 to 600 a month 800 the first month and 500 to 600 everytime it gets dumped. Trailer is 45 to 145 to dump at local  dump 

Post: #24 rental was purchased today

Manuel GonzalezPosted
  • Lake Jackson, TX
  • Posts 119
  • Votes 34

@Georgep  do you use containers for the clean up or do you just use trailer. I also buy properties in need of a lot of rehab  I'm currently fixing up a 5 plex that looks just like the pictures

Post: When to get a property manager?

Manuel GonzalezPosted
  • Lake Jackson, TX
  • Posts 119
  • Votes 34

Ive had a pm since day one i was 21 yrs old didnt know how to rent property i  was going to rent it for 500 when i heard about a company that could rent it for 700. I contacted  them and  11 yrs later im still using  them now. Im currently started self managing  this year so as soon as my tenants  dont renew lease im taking over management.  Ive been more than  happy they kept my houses rented  out  they charge  10% and half first month. I have always worked out of town and it worked  perfect  for me the only thing i do is overlook repairs or do them  my self 

150k all day  if thats your only two choices maybe ask for a  bigger deposit

We had our house burn  down   a total loss  due to a remote control  traxxas  battery charger within 30 minutes whole  house suffered  smoke and water damage happened  about  a year and a half  ago thank God no one was home and it happened in the day time.  Im glad yall ok and where awake the smoke is what gets you 

Post: Turnkey

Manuel GonzalezPosted
  • Lake Jackson, TX
  • Posts 119
  • Votes 34

 Hey Rose what are you  looking for cashflow or appreciation. What rent to purchase price are you trying  to reach  here in my area 1% to 1.4%  is avg. Im just asking because in the near future i would like to  offer new construction  homes as turnkey rentals  they will be around 100k and rent would be around 1000 to 1200 a month houses  would be 3-2 no garage max 1500 sf set up with a management  company tlhat specialises  here in this area. Ive personally  been using them for  10 yrs. Only  thing is their is no apreciation here in this  area