All Forum Posts by: Carlos Rovira

Most practical way is to save save save. Live cheaply, open a separate savings account and scrape every penny until you have $20k. You'll realize how easy it is to save that (assuming you are steadily employed) when you live frugally. There are other methods, such as credit cards that offer introductory rates for balance transfers. I have a chase card with a $23k limit that allows me to do "balance transfers" at 0% for 1 yr, provided you pay it back before the year (otherwise the rate goes up to standard credit card rates). I could technically take that $23k out right now and just pay a 2% fee ($4,600), then pay it back aggressively during year 1 using the rental income.

Hi everyone,

Just closed my first property in Hialeah, FL. I have heard it is an excellent rental market. Wondering if there is anyone else on these forums that can provide advice, feedback, and any other forms of wisdom regarding this market.

Also looking to grow the Hialeah portfolio so any potential deals are welcome as well.

Thanks!