All Forum Posts by: Nathan Siva
Nathan Siva has started 9 posts and replied 38 times.
Post: Great Property Manager Needed in Jacksonville Fl
- Real Estate Agent
- Jacksonville, FL
- Posts 40
- Votes 3
Please give lifestyles rentals a call. Diwata is the manager. I am an agent but on the sales side. We manage about 1100 doors. We are located 15 minutes from NAS Jax
Post: Hi my name is Michael Myers Jr from Jacksonville FL
- Real Estate Agent
- Jacksonville, FL
- Posts 40
- Votes 3
Welcome Michael. You ate in the right spot to start. This community is amazing. Will help you throughout your journey. I am a realtor and an investor. Reach out to me if there is anything I can help you with
Post: Loans Rental property 30 year conventional
- Real Estate Agent
- Jacksonville, FL
- Posts 40
- Votes 3
2 points does sound a lot. Get quote from 2 or more lenders so you can compare and choose.
Post: Hottest states to invest in
- Real Estate Agent
- Jacksonville, FL
- Posts 40
- Votes 3
Originally posted by @Ryan Kelly:
@David Bell I would take a look at sunbelt states from Texas to Florida. Lower overall taxes, warm weather, and markets with good job prospects.
I second David. I am a realtor in Jackosnville, Florida. Its been super hot here because of the affordability, weather, and job prospects. Since lot of them can work from home now. My clients are feeling why not be close to the beach.
Post: Clarify How the BRRRR works.
- Real Estate Agent
- Jacksonville, FL
- Posts 40
- Votes 3
Thank you so much for your inputs @Michael Minor & @Gregory Flores, Jr.
Post: Clarify How the BRRRR works.
- Real Estate Agent
- Jacksonville, FL
- Posts 40
- Votes 3
I am trying understand how the BRRR Strategy works. Can someone explain it to me with number please. As an example. I looked at a house that is worth 220k and its on the market for 215k. I am planning to put an offer for 190k with a 5k work. I am getting private money for 12% and then refinancing it after 6 months to 4.25%. but with these numbers I am getting a negative cash flow and when I refinance I won't be able to take my 10% down that I put down. Isn't it suppose to be buy, rehab, rent and repeat? Am I doing something wrong here. Can someone educate me please.
Post: New Member from Utah
- Real Estate Agent
- Jacksonville, FL
- Posts 40
- Votes 3
@Jeremy McVicar Welcome to Bp and Jacksonville is a great place to raise a family. I have been here 13 years. If you need any help in finding out information about any particular area please let me know.
Post: Jacksonville, Florida investing
- Real Estate Agent
- Jacksonville, FL
- Posts 40
- Votes 3
@Gary Montgomery it all depends what your plans are with the investment. If you looking for holding it as a rental then there are some areas you will get better return than the other but they won't as great as a flip or capital gains. Do a good research before you invest. I am a realtor. If you want my opinion on certain property don't hesitate to pm me.
Post: Help to know about property market Westside - Jacksonville area
- Real Estate Agent
- Jacksonville, FL
- Posts 40
- Votes 3
I am a real estate agent and investor here in Jacksonville, Florida. I agree with Robert's answer.
Post: CPA and tax attorney
- Real Estate Agent
- Jacksonville, FL
- Posts 40
- Votes 3
@Ray Dipasupil They are called Home encounter.