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All Forum Posts by: Alpesh Parmar

Alpesh Parmar has started 18 posts and replied 329 times.

@Matthew McNeil this is a requirement for most of the PMs I have dealt with.

Post: Interest Only HELOC??? Good or bad?

Alpesh ParmarPosted
  • Investor
  • Dublin, CA
  • Posts 344
  • Votes 226

@NIcholas Hamel I/O HELOC are similar to credit card. You pay interest in the amount you borrow and you can start adding principal payment to it every month without being tied.

Post: HELP I live in California

Alpesh ParmarPosted
  • Investor
  • Dublin, CA
  • Posts 344
  • Votes 226

@Seung Oh I am in SF Bay Area as well. I live here and invest in Atlanta, Birmingham and DALLAS.

Post: Looking to network in multifamily

Alpesh ParmarPosted
  • Investor
  • Dublin, CA
  • Posts 344
  • Votes 226

@Pankaj Sharma that’s awesome, Pankaj. I am in SF bay are and invest OIT of state.

Post: 100 year old duplex- rental

Alpesh ParmarPosted
  • Investor
  • Dublin, CA
  • Posts 344
  • Votes 226

@Jason V. Good home inspector and a contractor should help with through inspection. I will also check with insurance agent in the area db what kind of issues or claims they may have seen on this kind of properties.

Post: AirBNB Rentals and Resources

Alpesh ParmarPosted
  • Investor
  • Dublin, CA
  • Posts 344
  • Votes 226

@Kyle Spearin check out Al Williamson’s course and subscribe to airdna.co.

Post: Condo Advice... sell or keep?

Alpesh ParmarPosted
  • Investor
  • Dublin, CA
  • Posts 344
  • Votes 226

@Shivam Kashan it it's condo, sell and invest in a duplex or four plex. HOA is too high for a $100K condo. Also don't refinance for lower rates if you have already paid interest for more than 3 yrs.

Post: Owner Financed Airbnb - Good or Bad strategy?

Alpesh ParmarPosted
  • Investor
  • Dublin, CA
  • Posts 344
  • Votes 226

@Chandler L. Parker sounds like a good deal. Make sure to check out airdna.con for Airbnb market plus occupancy.

Post: DFW Market: Buy & Hold Single Family Properties

Alpesh ParmarPosted
  • Investor
  • Dublin, CA
  • Posts 344
  • Votes 226

@Matt Heidenfelder if you find properties giving 10% COCR, please let me know. I just sold two properties in Arlington which were supposed to give 10% COCR. After going through replacing appliances, floor, water heater etc. I barely made 5%. DFW market has already gone up significantly so run when you see 10% COC.

Post: Do Good Wholesalers Exist?

Alpesh ParmarPosted
  • Investor
  • Dublin, CA
  • Posts 344
  • Votes 226

@Thomas Garza hahaha...I don’t think so.