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All Forum Posts by: Mushtaq G.

Mushtaq G. has started 11 posts and replied 37 times.

@Preston Dean ... hah... look who I found here... thank you Preston :) 

Hi there,

We’re active investors currently looking to acquire off-market multifamily properties—specifically a quadplex —within a 30-mile radius of the 75024 ZIP code. Our target price is around $400K.

We’re also looking to build long-term relationships with wholesalers, as we plan to purchase 15–20 doors this year. If you have any deals that align with this criteria—or others you think we should see—please feel free to reach out. We’d love to connect.

Best regards,
MG

@Lucas Hunt I am looking for something similar, did you find any SFRs in that price range

Post: Fix and Flip for sale

Mushtaq G.Posted
  • Plano, TX
  • Posts 37
  • Votes 5

@Myer Johnson - can you share details please, I buy & hold properties for rent and wanted to see if this fits my requirements

Post: Dallas/North Texas Meetup

Mushtaq G.Posted
  • Plano, TX
  • Posts 37
  • Votes 5

Hi Daniel and team, 

I live in Plano, moved in 2011, got a rental in McKinney and I am looking for second SFR in Celina, Gunter, Melissa, Anna, Sherman etc., would love to meet up or get some guidance from experts in this forum, love the energy!!

Mushtaq

Post: Refinance Property under LLC

Mushtaq G.Posted
  • Plano, TX
  • Posts 37
  • Votes 5

Hi, I am looking for some help refinance my two investment properties, I am currently paying 4.88% on both the loans, the refinance worked out to 2.8% but after all back-n-forth, the banker is now telling me that I have to convert the deed from LLC to my name, first of all I am not sure how long it takes for deed recording to reflect and secondly I am not sure if I want to do it as I did the whole LLC thing to get shelter from liabilities

I was thinking why not refinance my primary home and pay off the loans with investment property but then I may lose on tax benefits? any advice is much appreciated

hi Friends, 

I started investing in residential SFH about two years ago and hold a couple of rental properties, familiar with how the residential process works, recently I came across an opportunity to purchase a small 1500 sq.ft commercial/retail unit in a new development in North Texas (near Frisco/ 121), I am dealing directly with the developer and he asked me for a 5K token deposit to confirm my intent, followed by contract etc..etc..,

I trust the developer and hence no issues with the risk but I still wanted to take some precautions to protect my deposit, is there a TREC document or letter of intent I can use to protect my deposit, appreciate your guidance

@Maya Roberts agreed and thank you all for great comments, this is exactly what I did, hope to find good tenants soon

Hi my tenant has stopped paying rent, she says she lost the job and wants to vacate even-though she signed lease for 12 months, can I call the collection agency ? What are my options? Please advise

Post: Investing in Mesquite, TX

Mushtaq G.Posted
  • Plano, TX
  • Posts 37
  • Votes 5

@Colin Conn - Thank you,  Interested in rentals that I can hold for 10-15 years, there are few that were presented to me but I learnt from this forum that there may not be much appreciation and that region has a rent control situation, I thought I'll ask again 

@Kenneth McKeown - Thank you, any views on 75149 zip code?

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