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All Forum Posts by: Justin Ceballos

Justin Ceballos has started 1 posts and replied 13 times.

@Jesús Zazueta

BTW

Homes in that área can be ordered and ready for installation in about 6-8 months. These 6 months are you used to prepare your site, permitting, marketing etc while you home comes up for production.

The home itself is made in just a few days.

I can suggest a Clayton HDX2874 ordered from Homes Direct in Merced

Ultimately, the home would be delivered from the Schult factory in Buckeye, AZ

I am a consultant at the Buckeye location.

The above mentioned model comes standard with four bedrooms and a double living room farmhouse style split plan that has been very successful for us.

The list of STD included options is long.

Eave sizes can raise the cost of transport due to highway regulations, but it’s worth it.

Good luck

Justin Ceballos

@Jesús Zazueta

Hey !

The specifications to the roof pitch and eave sizes (roof over hang) can be addressed by the factory you ordering it from. You can order a manufactured home in “ MH Advantage “ which is a set of guidelines that would make comps be in line with site built homes in the area. If zoning requires the home be “modular” or installed on site as opposed to transported on a permanently fixed I-beam than you will have to order it as a modular home in the style of MH Advantage.

If your area allows manufactured homes than I suggest getting it in MH Advantage. Doing this will save you about $30k (on a typical 2000sf 3 or 4 bed 2 bath) but give you all the advantages and appreciation and appraisal and financing options of a site built home.

There are a number of MH Advantage manufacturing guideline approved by Fannie and Freddy. They are a combination of roof pitch, dormer count and sizes , covered porch square footage, attached garage, 16 inch eaves, 2x6 construction, driveway with sidewalk leading to front door and more. These guidelines can be combined to qualify, not everything I listed is required on your one home.

I can get deep into a lot more as I am a licensed HUD consultant in the design and ordering of manufactured and modular homes for Land + Home packages.

Hope this helps

Justin Ceballos

Post: Rental property investment - Arizona

Justin CeballosPosted
  • Wholesaler
  • Arizona
  • Posts 16
  • Votes 4

@Balachandar Duraiswamy

Have you considered placing a manufactured home or two on a one acre lot ?

Homes can be ordered and rest to move in in about 7 months. You can price out your home and development while searching for a great deal on a location. At this point in the west valley, any place near the 10 freeway is great.

There are single double and triple section homes.

300- yo to 3400 SF in size 1-6 bedrooms

Post: Investing in Puerto Rico

Justin CeballosPosted
  • Wholesaler
  • Arizona
  • Posts 16
  • Votes 4
It is a common misconception; "Area Norte" (in spanish - meaning Nrothern area) referrs to the coastal municipalities as far West as Mayaguez-ish and west starting in Barceloneta/Florida area. The northern coast including bayamon, (the capitol and major flight entry) San Juan and even more east to Carolina is considered Area metro or (metropolitan area)

Originally posted by @Anthony Santos:

@Justin Ceballos thanks for the great advice, ive traveled for most of the island but honestly the only time im in the north is when i land in san juan.

For the most part i stay in the southern part of the island from cabo rojo to humacao. Coamo is where my family stays so thats what I know.. and all the south talks about how much crime and drugs are in the north but I guess thats just the south of the island being biased. I am being told on the forums that the metro areas are the best places to invest and I will definitely look into that thanks

Hello from Puerto Rico with a random question: 
Have you conducted Real Estate transactions directly or indirectly in any of thse foreign countries? In particular, do you beileive "wholesaling" properties exists in places like south Korea, or Germany?
Excuse me if it seems like a dumb question just seemed a good chance to get an answer from somon with actual experience. 
Originally posted by @Nathan Gesner:

I lived in:

1. Western and eastern Oregon

2. Jackson, Michigan

3. San Antonio, Texas

4. Fort Walton Beach, Florida

5. Germany

6. Watertown, New York

7. South Korea

8. Colorado Springs, Colorado

9. Las Vegas, Nevada

10. Oahu, Hawaii

11. Cody, Wyoming

12. A few stops in Iraq and Afghanistan

The world has a lot of beautiful places, each with their own costs and benefits. I'm happy right where I'm at in Cody, Wyoming. Nice town, good people, great wildlife, and views to die for. Gets busy during tourist season but it's pretty quiet for nine months of the year. 

I don't intend to move for now. I would like to have the ability to winter in another location just for something different, maybe southern Italy or Mexico. Something with a lot of trees and water, and preferably warmer because I'm anticipating a Grand Solar Minimum soon and it's going to be rough up here!

Post: Investing in Puerto Rico

Justin CeballosPosted
  • Wholesaler
  • Arizona
  • Posts 16
  • Votes 4

Hey @Anthony Santos

Originally from Upland, California. I moved out here almost 7 years ago and have lived (rented) a significant amount of time in all areas except for the center (Utuado, Ciales, Jayuya, etc.) of the island. 

Is Coamo a random choice or is it influenced by a specific $ opportunity? 

I ask because there is a very long list of attractive communities that would rank higher than the Coamo (south) area. Things like accessibility, entertainment, lifestyle, surrounding road/property conditions make the southern part of the island low on my list. I lived in Ponce for a year across from the Catholic University on the 15th floor in a decent condo/apt. Although the nightlife and culture (museums/food/music) was a great and calming change from the busy metro area, I felt isolated. Everything in the south is [retty much bunched in a small area which is ponce. So far I have decided to stay and begin to invest in the Northern area of the island. I say northern because that is what is considered everything from Mayaguez to Barceloneta and as close to the Carretera numero dos Carr2 as possible. The beaches are great and there is a strong ex-pat presence. 

It is just my personal opinion but I believe you should look into the area Norte. Quebradillas is a great example. I live in a neighboring municipality named Camuy. 

Another great tip is to stay as close to the intersection of the main highway number 2 and the freeway 22 but without actually living in Arecibo. I don't mean live minutes near it but just keep in mind this is the key to accessing the San Juan area about 1.5 hours away. I consider Arecibo a place with higher crime and drug use and definitely not as much of an ex-pat presence when compared to cities 45 minutes west or less. Some other great examples are Aguadilla, Camuy, and ISABELA. be sure to check out Isabela and anything nearby.

Cheers,

Justin

Doing my best to find deeply discounted opportunity for myself and other investors. I am having trouble comping properties in most areas outside of metro (san Juan)

@Lawrence Johnson Awesome. Playa Jobos was the first beach I visited when I came almost 7yrs ago. I currently live in Camuy near Carr 119 and num 2. Is your jobos property your residence or a rental?

Super Rookie here from San Diego. This will be 6 years in Puerto Rico now. I am looking to start wholesaling properties ASAP. Wholesaling does exist here and I feel like after 6 years I know the markets well enough to find what I can be 100% sure is a great deal. I am looking for some mentoring/experience/meetup in Area Norte or at least within an hour's drive. I am not interested in driving or working much in the San Juan or metro area.

Thanks in advance,

Justin Ceballos 

Post: Puerto Rico Investing

Justin CeballosPosted
  • Wholesaler
  • Arizona
  • Posts 16
  • Votes 4

@Edwin Figueroa Torres

Damaged structures are, and expected to stay, in what you call central southern PR. 
Yauco, Guayanilla, Ponce, 
These are cities where you can expect to get deep discounts

Adversely, in my opinion, this should trigger a rise  in value in an already growing market (North) which is from Hatillo to Mayaguez. Aguadilla especially should soon see a heavy rise in prices in 2020 and 2021

Ironically, Ponce is where cement comes from