All Forum Posts by: Alyssa Marquez

The loan on my current house is actually a conventional loan. 37,834/year projects me 3152/month before airbnb/cleaning fees right? With my mortgage being 2400 i don't think this will even be a positive return for me. 

BP fam what are your thoughts on my scenario -- 

I bought my primary home for $335k 2 years ago and have put about 40k in upgrades (new double paned windows, new foundation, new metal roof, rain gutters). I am an agent, I know this area well and I will not get the price I want to break even which is about 375k. I lived alone till January this year and have had a roommate paying around 700/month which has helped me with mortgage. My property is in the middle of downtown San Antonio, 3 bed/1 bath. I just listed it up on airbnb and have had 5 requests to book already - given 3 were for last weekend and I was not prepared for that, so denied all of them and set a 7 day advance notice. LOL. I already got a booking for April of next year and just received another request for two weeks from now.  Putting it as a long term rental will not give me any cashflow, I can probably rent it out for $1500 max and my mortgage payment is around $2381/month. 

The reason I want to sell is there is a property on the market I am absolutely in love with and wouldn't need to upgrade a single thing. I can take advantage of it being a buyers market and use my FHA LOAN to ask for a full 6% seller concession on top of my 3% agent commissions essentially allowing me to walk into the property with $0 out of pocket. I should probably buy a MF property but there isn't many options where i wouldn't need to invest more $ into to do upgrades. I travel 1-2 weeks out of every month so at this property i want i can have two roommates anyway to help cover the mortgage. I want to make a smart decision and take advantage of the market conditions. Please share any critiques, feedback/opinions.

SAN ANTONIO, TEXAS

EAST SIDE RENTAL SFH PORTFOLIO turnkey rent ready -2 PROPERTIES IN 78202/78203 Total Package - 300k Or best offer .

1. One property a 3/2, 1194 sqft, can rent $1500-1600+/month . Purchase price $170,000.
2. One property a 2/1, 851 sqft, can rent up to $1200/month .

Purchase price $130,000. PRETTY MUCH HITTING 1% RULE. This is projecting $2700/month in rents from the two properties together!  

MF PORTFOLIO - 78207 

DUPLEX - rents bringing in $2200/month 2/1 and 1/1 New electrical 

TRIPLEX - rents bringing in $3100/month 3/1 1/12/1 New plumbing CAN BE SOLD SEPARATE OR TOGETHER FOR A DISCOUNT. $500k together. Or best offer. No creative finance or owner finance.

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $200,000
Cash invested: $15,000
Sale price: $260,000

Purchased a cosmetic flip, invested about 8k in repairs, and a couple thousand for using a HML, listed on market and received multiple offers all above asking price.

What made you interested in investing in this type of deal?

It was a quick flip and I saw the opportunity

How did you find this deal and how did you negotiate it?

A wholesaler

How did you finance this deal?

Hard Money

How did you add value to the deal?

reapaint, demo above ground pool, restain fence and restain deck, good cleaning, and staging

What was the outcome?

Multiple offers above list price

Hello everyone! I have a PRIME investment opportunity just down the street from Canyon Lake!!! This property is TWO seaparate dwellings - a combined square footage of over 5500. You can run an Airbnb, live in one and rent the other, etc. It has gone through some major updates as well and sits on an acre of land. The purchase price is $950,000.

Afternoon all, my partner has a condo I am helping him sell in Lakeworth,FL. There is opportunity for pretty nice cashflow here for any investors looking to add to their portfolio. 

Purchase price - $139,000

Rental Rate - $2300-2500/month 

Connect with me for details.

Hi all!! I am excited to be a part of this community and have already closed 2 clients from the Bigger Pockets network in San Antonio and also SE Florida. 

I am entering my third year of Real Estate and nearly 70% of my business has been built with investors themselves. My markets are San Antonio, Austin, and El Paso, TX along with SE Florida from West Palm Beach down to Miami. I look forward to connecting with more of you and am always here to provide insight and answer any questions/concerns about the market.

Let's connect about a 4 plex available in San Antonio, fully occupied. Cashflowing!! 

I can! 

I would like to attend a webinar that discusses analyzing 2023 to have an impactful 2024!