All Forum Posts by: Bryant Xavier

Enrique, 

Welcome to the group! I'm in Texas also.. right down the road in CS / Bryan, Tx. 

Tammy,

I am a realtor in the Bryan / College Station, Tx Market right down the road from you. I have a few lenders in my circle that are great to work with on lines of credit. I'm happy to make some intros and see if they can help out. Please send me a text or PM.

903-245-4874 

Hey, Spencer. I got started in arbitrage in 2019. Found an awesome deal on Craigslist and it allowed me to get my foot in the door with an investor (owner of the property I arbitraged.) I made a great connection with that property owner and proved the concept since he was unfamiliar and hadn't even heard of rental arbitrage. I used the concept to do arbitrage on 3 more of his properties and then transitioned to more of a management model in 2020 to offset my risk. My wife and I started managing more properties for others as word of mouth recommendations started and we started to use the management and arbitrage cash flow to acquire our own properties and fund the BRRRs we were working on.  

Curious to know if anyone else does the model this current day. 2019 was a different ballgame than todays market for sure and I think the model can work but it's very few and far between where the numbers will make sense in todays market.

Despite if it works and or what anyone says... arbitrage will always  have a special place in my heart since it was what got me started in this RE game. 

Hi Alex,

Welcome to the group! It's great to have you here. I'm right down the road in College Station/Bryan area and would be happy to connect anytime I'm in your area and vice versa. I'm a real estate investor specializing in STR properties, a realtor, and I own a construction company.

Your background as an electrician and experience in general contracting and project management will be incredibly valuable in the real estate world. Looking forward to connecting and collaborating with you!

Best,

Chad,

It sounds like you have a solid plan for your dad's house. Using the cash flow to help with your kids' college expenses is a practical approach. A HELOC or home equity loan on your personal home could be a viable option to fund the rehab, but it's always a good idea to chat with a lender to explore all your options and find the best fit for your situation. I have a great line up of lenders I am happy to make intro's for you.

As a realtor, investor, and owner of a construction company down the road in College Station, TX. I'd love to bid on the project and see if we can work something out on the remodel. Feel free to reach out if you need any assistance or have any questions!

Hi there! Richmond, Texas, has been growing and evolving, making it an interesting area for investment properties. However, the suitability of buying and renting out a single-family home in Richmond can depend on various factors, such as market trends, rental demand, and property values (similar case with all markets, really.)

Chatting with a local agent in the area can provide very helpful insights into the market, data, and specific neighborhoods. I have some great agents in the area that I can introduce you to, who can help you make an informed decision and find the right property for your investment goals. Feel free to reach out if you'd like an introduction!

Hey, Aaron! It's great to hear about your progress with BRRR's in Texas. Finding reliable contractors for out-of-state investments can indeed be challenging. Word of mouth recommendations always goes a long way with me. I always check around with other property owners, investors and ask them who they're using for their construction work and if they were pleased with the work.

As a realtor, investor, and owner of a construction company in College Station, Texas, I understand the importance of having trustworthy and efficient workers. I'm originally from Tyler, so I'm familiar with the area and market, and I have some subcontractors in that region who might be able to help you and I am happy to make those intro's if still needed. 

Feel free to reach out if you need any recommendations or assistance with your projects. Best of luck with your 6-unit deal and future investments!

Hey, Matt! 

Tyler local, so sparked my interest whenever I see anyone post about the area.

Given that your duplex is fully paid off and generating a steady cash flow of $1400 per month, it's understandable that you're having second thoughts about selling it. Cash flow is crucial, especially if you depend on it for your monthly income.

Selling the property for $170k, which is above its market value of $120k, might seem like a good deal initially. However, after accounting for long-term capital gains tax and other expenses, you would be left with $150k which is important to budget and account for. Investing this amount in passive deals might not provide immediate income, and you could end up waiting years to see returns (similar case in most investments.) 

Ultimately, the decision should align with your long-term and short-term goals. If maintaining cash flow is your primary objective, you might want to explore other options. For instance, you could look into refinancing the property to access some of its equity while still maintaining ownership and cash flow. Alternatively, you could consider seller financing, which could provide you with a steady income stream while selling the property.

As a real estate investor, realtor, and owner of a construction company near Texas A&M (College Station/Bryan,) I'm happy to help in any way I can. Whether you need advice on selling your property or exploring other investment strategies, feel free to reach out!

Hey, Joshua! I'm a Tyler native.. born and raised there. Love seeing other biggerpockets members from the area. Wanted to reach out and congratulate you guys on your journey and wishing you the best. 

Let me know if there is anything I can do to help you. I'm an investor (STR properties), realtor, and own a construction company near Texas A&M in the Bryan / CS area but travel to the 903 frequently to visit family. Maybe we can connect sometime soon and brainstorm some ideas.

Mitch,

It sounds like you've had a successful run with your rental properties in College Station/Bryan - I'm impressed! The demand for student housing in this area remains strong, driven by the presence of Texas A&M University and its large student population. The rental market conditions are slightly tight, indicating a healthy demand for rental properties.

Student housing continues to be an attractive investment opportunity due to its recession-resistant nature and consistent demand. Investors are particularly interested in properties near major universities, as they offer stable and growing returns. The appeal of student housing to rental investors lies in its ability to provide a steady income stream, especially in areas with high enrollment growth and limited new construction.

Given your experience and the quality of your properties, you should find a receptive market among rental investors. If you decide to sell one of your houses, it could be an excellent opportunity for an investor looking to capitalize on the strong demand for student housing in the College Station/Bryan area.

As a real estate investor, realtor, and owner of a construction company in College Station, I'm happy to help in any way I can. Whether you need advice on selling your property or transitioning to your new business model, feel free to reach out!

Bryant