All Forum Posts by: Radames Lamboy

Radames Lamboy has started 4 posts and replied 8 times.

@Radames Lamboy it's a Trash Panda of a deal! Gonna steadily rob you blind my friend.

If that's all you can get in that market, change markets!

For same $$$$, I can easily get two townhomes, with HOA so don't have to think about anything exterior ever, making for very simple management, and in a compression market these outperform all other classes of housing assets. AND when market eases, they enjoy appreciation rate of the SFH. Best of both worlds.

And did I mention new construction, yeah, brand spankin new, so no cap-x for 7 years. With forced appreciation from being in path of progress.

I agree this is a non starter of a deal. I'm new to investing and don't have a huge amount of cash for I see many on BP that got started in real estate investing with far less than what I have. If you are interesting in sitting down with me and assisting me in developing a stratagy that would make sense for me that would be grand. Regards, Radames

0 Votes

Austin, Texas

Quote from @Aaron Gordy:

ummm @Radames Lamboy That property is in Dallas metro. You have posted to Austin. I was curious so I looked it up. The negative cash flow is a killer imo. If there isn't a way to tighten it up then walk. Cedar Hill seems to be growing but not at the same pace as it was in 1990,2000 and 2010. Cities rise and fall. I would be mindful of the demand drivers and supply barriers. I am not so sure about this as there are alternatives that have much better numbers especially in the Austin metro.

Yes negative cash flow is a non starter and the only way I could see this property having good cash flow is if it was an all cash perchase which in my case is not an option. I'm new to investing and very interested in finding a duplex or fourplex that could generate cash flow. It would be benifical to me if you had time to sit and chat about an investment stratagy that would be suitable for me. Regards

0 Votes

Austin, Texas

Quote from @Lucia Rushton:

Quote from @Radames Lamboy:

View report

*This link comes directly from our calculators, based on information input by the member who posted.

what rent are you determining per unit?

$1972 for the 3/2 & $1565 for the 2/2

1 Vote

Austin, Texas

Quote from @Eliott Elias:

First thing that popped up is -$500 cash flow. This is never okay, theres too much opportunity right now to lose $500 every month. If you're looking for cash flow deals in Austin DM me

Hi Eliott, I'm new to investing and have been using the BP rent analizer tool. I chose the Dallas/Fort Worth area because others have told me there are lots of job opportunities there, Boeing and there's a huge railroad distribution center there amoung others. I don't have a lot to invest but I see many on BiggerPockets that got started in multi family with far less than what I have. If you have time to maybe sit down with me and possibly assist me in coming up with a viable stratagy where I can generate cash flow that would be lovely. Radames

0 Votes

Austin, Texas