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All Forum Posts by: Ashley Jovellanos

Ashley Jovellanos has started 3 posts and replied 6 times.

Post: Mentorship advice (have capital)

Ashley JovellanosPosted
  • Posts 6
  • Votes 2
Quote from @Jason Bowden:

Hey Ashley, sounds like you're definitely starting out strong. Do you plan on purchasing it as an Investment Property or Primary Residence? 

 Primary residence!

Post: Mentorship advice (have capital)

Ashley JovellanosPosted
  • Posts 6
  • Votes 2
Quote from @Elisa Zhang:

Hi Ashley - I would be happy to navigate this with you as I once started with SFH/LTR's and now have 3,000 apartment units. My team and I help investors like you with complementary trainings and guidance to take the first step. I also have a goals planning workshop coming up if that interests you. Ping me and I am happy to connect!

Thank you! Do you invest in Houston?

Post: Mentorship advice (have capital)

Ashley JovellanosPosted
  • Posts 6
  • Votes 2

Hello I currently am very new to real estate but have been doing research since 2 years ago. I’m a 29 year old travel nurse in Austin and live in Houston. I currently have 70k in capital saved up. And I also was looking more into MTRs and LTRs for my first investment. My sister and her boyfriend are planning to be my tenants once I have found a property. Afterwards I plan to include some Airbnb rental arbitrage to my portfolio to help save up more capital once I come back to Houston and plan to cohost for free for one my friends that has one in downtown so I can learn the ropes. I would love to have a mentor as I try to find my first property. I have the money but I am just having a hard time finding houses since the interest rates have been high and the houses I have been analyzing are just barely break-even. Thank you! 

Also I have my own house which I had bought for my mom to where I have a HELOC on it thats about $30k to help for a 20% down payment.

Post: Raw land given to me

Ashley JovellanosPosted
  • Posts 6
  • Votes 2

Hello all, so I’m a newbie getting into real estate. My mom had just passed down to me an acre of raw land in Jasper, TX. So my question is I have no idea how to go about this at all. What are some questions I need to be asking myself and how can I turn this investment into income?

Quote from @Michael Le:

Acres Home is a slowly gentrifying area but it's definitely not there. Definitely not a place I would be looking to have an AirBnB.

What about for long term lease? Since it’s above heights area and still close to downtown?

Hi guys, I’m interested in this new build property in the Acres Home area which is NW of Independent Heights. $335k. I know there are a lot of upcoming new builds but this one has an actual backyard albeit small, a private driveway, and in a gated community. And compared to all the other ones I looked at in the vicinity, none have those which is nice. It will most likely be done around September/October. Any insight in the area as far as Airbnb goes? Or even if y’all have any advice for me on leasing it out and how that area is? First timer and beginner here. My fear is if it doesn’t get rented out then what do I do. Thanks in advance!