All Forum Posts by: Andrew Rodriguez

@Jaycee Greene

I live relatively close. It sits just outside the school district I went to for elementary, but it is still in a good school district. It is also super short drive to downtown, or a nice walk. The Visitor's Center across the street with a park and small golf course nearby. 

The building is currently being rented on both sides for $700 each and tenants pay all utilities. The owner is selling it on their own. 

This property would be for cash flow, and long term rental. I am unsure of the projected numbers.

Has anyone looked into investing in Abilene, TX? 

A data center is getting just north of there which will bring in a lot of jobs. I am new to investing and if anyone needs me to get out there and look for someone I can. 

@Jaycee Greene  What information is needed so that I know for future reference?

https://www.zillow.com/homedetails/319-W-Avenue-B-San-Angelo-TX-76903/213360943_zpid/?

Is this a good deal?

Kerlous Tadres
I have spoken to everyone I think except an investor. It would be nice to get in the game with someone who knows what they are doing.

@Brandon Elliott-Pandey
I stopped looking at that. There is an HOA fee $300 per unit. So with a 4 unit it would be $1200 total per month. With me being a new investor everything was just too much for me, and I think I would have been negative from the get go.

@Brandon Elliott-Pandey So far after running all the numbers as is and with a property manager at 10% I would profit $270/month

It went well. Now I have to come up with the down payment. I’m asking friends and family before I ask a bank.

I will be speaking to a local one tomorrow morning and then go from there.