All Forum Posts by: Tiago Alencar

@Kyara Schroeder Hi! Check out the rental calculator on this website. It has some great information that would apply to your situation.

@Peter M. Agreed confusing post.

@Robert George Welcome! Since you’ve been listening to the podcasts make sure you take the actions you can right now; meet ups, learn your market, find out what a good deal looks like, etc. Good luck! Take Action!

@William Knights I haven’t done one personally but I‘vE had 2 people say that they would do it. Both of them had the house paid off. But I think the most important thing is to ask. What do you have to lose, right?!

@Emily Almufti That sounds like a great idea, would you have to buy the lot with the amenities or would you lease one? What would be the cost to just build a modular home on the lot vs. the rehab+moving costs? Are other people doing this mobIle home BNB that you are thinking about? Do you have time or a team to do the turn around between bookings? I think finding someone who’s already doing it will help you answering those questions.

UPDATE. Got one call back a year later. I couldn’t pick up when he called. I called back with in 30 minutes but he pretended not knowing what I was talking about. 

If I were in you situation, I would continue to pay down the loan and make offers to property owners see if they would do a seller finance. I’m doing the second right now. I found one that would’ve willing but the numbers didn’t work out, at least I’m getting some practice on talking to sellers. 

@devinstott what's a good way to contact you. Just talked to Phillip and a lot of his clients are using real estate, so he is well versed.

I have to check with him but this guy in my business group is super intelligent, wouldn't be surprised if he new how to take advantage from the tax code for business owners and re investors. Phillip Swan from the Jones CPA group. pswan @ thejonescpagroup.com

That's right I'm planning on contacting them until February next year.