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All Forum Posts by: Steven Wesolowski

Steven Wesolowski has started 150 posts and replied 204 times.

Post: 2024 - Real Estate Investment Deals SAN ANTONIO, TEXAS

Steven Wesolowski
Posted
  • Realtor
  • San Antonio, TX
  • Posts 208
  • Votes 32

Post: Leadership in Real Estate

Steven Wesolowski
Posted
  • Realtor
  • San Antonio, TX
  • Posts 208
  • Votes 32

What makes a great leader in the real estate industry? Who are local iconic real estate leaders or effective influencers in your community?

What makes them stand out? What are the ideal qualities? What keeps them driving forward? Examples?

Post: Leadership in Real Estate

Steven Wesolowski
Posted
  • Realtor
  • San Antonio, TX
  • Posts 208
  • Votes 32

What makes up a great leader (person, realtor) in the real estate industry? Who are your local iconic real estate leaders in your community? What makes them stand out? What keeps them driving forward? Examples?

Post: Off-market, no foundation issues! Randolph AFB! Perfect for USAF tenant!

Steven Wesolowski
Posted
  • Realtor
  • San Antonio, TX
  • Posts 208
  • Votes 32

Benjamin, thanks for reaching out. The property ended up selling yesterday afternoon! More to follow

Post: Looking to make first investment, help wanted!

Steven Wesolowski
Posted
  • Realtor
  • San Antonio, TX
  • Posts 208
  • Votes 32

Greetings Andy! Welcome to the world's largest real estate investing network!

Having ownership of property working for you is a noble endeavor. And we are all crash-dummies in this endeavor!

The important thing you and your wife need to discover is what type of properties you both agree on will make the most sense for your growing portfolio. Ideally, you should start small with finding properties that are light in renovation and are projects that will buy you time to execute the renovation work without losing time for your return on investment. Communication is key. You and your family should define your risk tolerance in the event a rehab project goes south. But at the same time, envision what your properties are doing for you and your family.

Kudos to you that you are willing to put in the sweat equity for the near-term sake, but in order to not draw you away from family, you will need to learn to prepare to leverage the renovation work to another contractor, and same, to a property manager, or to just a third party involving your investment property accumulation, in general. I am actually in the middle of discovering that process myself, and it has been a roller coaster of emotion, but I have started feeling experiences of how trust in other people can get you achieving the objectives faster than we think.

I have got several off-market deals in Central Texas currently available, and can help you learn a thing or two about our market down here, and more than happy to refer you to folks in Illinois. Hope you enjoyed reading this!

Post: Realtor & Investor in Training!

Steven Wesolowski
Posted
  • Realtor
  • San Antonio, TX
  • Posts 208
  • Votes 32

Welcome to Bigger Pockets and the exciting journey of real estate investing! Been to White Sands Missile Range and various training facilities back in the day. See any interesting oryxes out there lately?! Again, welcome. I am an early investor and licensed in Texas as well. Ask away any question on BP! Cheers -Steve

Post: Duplex for Sale / BRRRR / Save $ / San Antonio, TEXAS / $30,000 off list price!

Steven Wesolowski
Posted
  • Realtor
  • San Antonio, TX
  • Posts 208
  • Votes 32

San Antonio, TX 78210

Clean. 2 bed / 2 bath / 1,656 sqft / shared washer and dryer layout / an efficiency duplex!

Highland Park Neighborhood. East of I-10 & I-37 intersection.

Repairs are cosmetics: mainly in the kitchen, bathroom, siding, and separate garage.
The roof is in good condition and foundation feels solid! Rental ranges are currently $800 - 900 per month. Upgrade and easily get it to a minimum of $1000 per month per unit. Selling $25,000 less than total property tax value. 

Located in the serene Highland Park neighborhood with wonderful neighbors, this duplex offers a great opportunity. Each unit includes essential appliances, includes fridge and gas stove. With separate metering, shared water, shared washer and dryer facilities, and front and back lawns, these occupied units present a valuable investment. Act now to secure this fantastic real estate deal!

Call or message 832-266-3656 for cash-comparable, price, location, and assessments. Cash-buyer investors.
Steven Wesolowski, TX LIC #813897, Investor, Real Estate Investment Deals daily.

Cash-buyer investors. Get this at heavy discount now before New Years. 

Call or message 832-266-3656 for cash-comparable, price, location, and assessments.
Steven Wesolowski, TX LIC #813897, Investor, Real Estate Investment Deals daily.

Post: Run Into a Foundation Issue - Please Help

Steven Wesolowski
Posted
  • Realtor
  • San Antonio, TX
  • Posts 208
  • Votes 32

If your intent is to not sell and continue to hold, then I would look for making the tenant as happy as possible. I am not 100% sure what your relationship to your tenant is, but if they are the type where they understand you would have to take on the burden of the additional cost in necessary repairs, and they feel they can continue to be a long-term tenant because you are helping them, then on the bright side at least you will still have rental money coming in. 

But help me help you dissect your situation:

You've already done $30k rehab, and already informed at least $10k debt addition highly probable. How much are you currently cash flowing ? What is dollar amount still cash flowing if you actually do the repairs?

Dependent on the lease contract, of course; have the tenants expressed readiness to leave if you don't fix the problem? If so, what date will they press to leave your property? How much will they pay you to leave your property?

Your mortgage rate at 5% currently, what type of loan is this? Was this through credit union or bank? How much do you still have owed on paying off the house right now?

DM me your details and reply here. I am confident you will get various responses before New Years. Now is the time to take a knee and re-assess, mitigate your risk. Start planning for first quarter 2024 right now.

Post: Off-market, no foundation issues! Randolph AFB! Perfect for USAF tenant!

Steven Wesolowski
Posted
  • Realtor
  • San Antonio, TX
  • Posts 208
  • Votes 32

Good morning investors!

3 / 2 / 1410sqft - Minutes from Randolph AFB: no apparent foundation issue new floors!

Cash-buyer investors looking for a super-light rehab and rental for military tenants --easy.

Literally minutes from Randolph AFB. This is a dream home for an USAF tenants looking to live outside the base.

Notes by my colleague Robert Neal:-Roof is 7 years old
-HVAC is brand new
-Most of the flooring is new in the house
-Popcorn ceiling has been removed
-No apparent foundation issues

Easy flip project. It's Friday, Dec. 22.

Steve Wesolowski, TX LIC: #813897, San Antonio, TX, (832) 266-3656

Post: How does an out of state Rehab get done without you on site?

Steven Wesolowski
Posted
  • Realtor
  • San Antonio, TX
  • Posts 208
  • Votes 32

Everything starts with trust. I always inform my out-of-state investors that if they absolutely need more concrete details or visuals of the properties offered or the work being done on the property, I am happy to do everything I can to get them either real-time photos or video feed over the phone, even meet with the contractor at the property. 

When it comes to general contractors, you just need to network. Give referrals provided to you as a chance, this way the person who is actually helping you is demonstrating their efforts to getting you to success. And of course, if the general contractor has a reputation established on line and will take the time of day to answer all your questions in a virtual meeting especially, then you are likely in good hands.