All Forum Posts by: Ricardo Hidalgo

What strategies do you think work in today's market with high interest rates?

I'm finding it difficult to find rental properties that'll cash flow. I'd imagine most buyers can't or won't get a loan right now, since money is so expensive. That should, in theory push rental prices up. Do you see that happening in your neighborhood? At least not enough to cover the increase in mortgage.

I'm dabbling in creative financing (lease options, subject to, owner financing etc.). Any thoughts on how those strategies work in this market?

Thanks in advance!

here is a view of the parkway in pigeon forge heading towards gatlinburg by the titanic on a summer day yesterday …..you could land a 747 out there in front of the titanic. There was more traffic on the roads in January.

I'm curious if there is anyone on the ground in 30a Florida panhandle to give a real time honest update of how that area is doing in terms of crowds right now. My belief is that this isn't isolated to just the smokies, but given the large market here, we are the bell-weather for the STR market. All of us cabin owners need to ensure we have a 2-3 year reserve to weather the storm. Hopefully it's just a blip and things turn around, but I'm not liking what I see. Perhaps Jerome powell is finally getting what he wanted (demand destruction)

192 units

84% Occupancy

2022 Year built

60M

I have been working and have saved around 200k for myself. I would like to invest it, perhaps in real estate, to get a good return. Where should I consider investing in real estate for maximum profitability?

Are there any other investment options available for me to generate passive income with my 200k?

Hello everyone, new guy here that just joined. I live in the panhandle of Florida and recently sold one of my investment homes. I'm looking at jumping back into the real estate market, and remembered when I went to college, there was a popular apartment complex in Myrtle Beach, SC (4 bd/4 bth) that was leased out of around $800 per room (2013 prices). With that income and a consistent renewal of applicants thru the college I was wondering if that would be a better option than buying another home closer to me in Florida. 

I've also been considering CDs while the profits from selling just sit until I'm ready to purchase another property. 

My main question is; what would the risks/benefits be for purchasing a house in another state? Am I on the right line of thinking for that college apartment to be a good investment? Are there any other options I should be considering to maximize the profits from selling my initial investment home? 

I appreciate all the time and knowledge sharing in advance!

Hey everybody. I'm currently deployed but moving to the Hulburt Field area when I get back. I'm looking to purchase a house-hack within 45 minutes of Hulburt Field. I have 4 successful house-hacks in Columbus Ga so I'm decently familiar with the nuances (2 SFR, one triplex, one duplex). Any tips on what to buy ?

A initial scrub on Zillow is telling me that small multi is rare and my best bet are single family houses with in-laws that are zoned for ADU's. Anybody currently house-hacking in that area ? Would love to connect.

Hello All, need some advice. Last year I bought an STR using conventional loan. At that time real estate was at an all time high. I took out a HELOC from my primary residence for down payment thinking that there would be cash flow and appreciation. A year later, the property brings in revenue but is slightly under my average calculations but more importantly the HELOC rates have gone up significantly. If I sell now using conventional methods, I will get 10% appreciation but with seller costs etc that will cause a huge dent in proceeds. Also, I will probably end up paying capital gains taxes on it as well. How to tackle this situation? Should I just wait one more year to see if the property appreciates some more before selling and/or rates come down so I could refinance my primary home to include the HELOC into the loan payment? Any suggestions welcome.

Looking at doing Airbnb for a nice condo with a view in Panama City, Florida. Would these usually get booked all year round or can it end up being vacant on some months? Trying to see if this makes sense

Looking for strategies in this current market that I haven't thought about - WHAT WOULD YOU DO? Here is the case: still have my W2 job and the goal is to replace it with passive income from real estate. My residence has about 83% equity, so I want to put that "dead equity" to work, so I am considering selling the house, go live in a rental and take out the equity to invest in cash-flowing properties. Hypothetically, let's use these numbers:  Value of the house $1.2Mi on 10y mortgage with 2.25% rate, let's say net equity is $1.0Mi ==> Planning to sell it, go rent a smaller house and invest that $1Mi. My though process (using rough numbers) let's buy 10 properties with $100k down each (25% of $400k) and assume $500 average free cash-flow/each, $5k month and $60k/year vs $1mi principal invested = 6% Cash-on-Cash return. Slightly above inflation, and let's say in 2 years rates will go down 200-300 basis points, I refinance and increase cash-flow, while is building equity over time.

What strategy would you have? What advice you would give me?

I am an Agent/Investor in Charleston, SC. I am looking for an agent to refer my clients too. They are looking for a STR in Destin/Sandestin/Miramar Beach/Panama City/30A area of FL. I won't just give this to any agent, you must have experience with STR's, and this would open a door for you to get a few more purchases down the road as well. Shoot me a message if you can help.