All Forum Posts by: Daniel Suarez

Seems like a found a fellow churner.

I’m going to Aruba from dc in January business class using Alaska miles. Staying at flamingo island using Marriott points and Hyatt casino using Hyatt points 

flying business with AF flying blue to Paris in Mag with my wife and 2 kids 45k points each leg, staying at an Airbnb paid cash and in Budapest at the W wirh 6 night cerficates

going to Italy in September flying economy in Iberia for 4 people, 25k Alaska points one way ($1000 per person when i checked) staying at the grand Victoria hotel in lake comp with my 3 night Hilton verticales ($1300 per night value) still planning the return and the rest of the trip

 I'm curious about this. i have most of my rentals in Maryland (Baltimore County) and evictions are not extremely complicated AFAIK,

Thank you for the post.

My first goal is to do a flip during the first quarter of 2025. It will be my first one. Depending on how that goes, I’ll aim to repeat it 1 or 2 more times. I’m planning to partner up and borrow from stocks to fund this.

I’m currently in a bit of an unknown state after that. I currently own 5 townhomes and 3 multi-family properties, and I’m unsure where to go from here. Most of the townhomes are in C/C- areas. They are cash-flowing well, primarily through Section 8 tenants, but I have a lot of equity tied up in them. I’m not sure how much upside potential they have. Additionally, most of these properties have very favorable interest rates, so I’m hesitant to refinance and risk losing the cash flow they currently generate.

Last year, I sold one property to invest in a STR in Orlando to diversify and move into a better asset. Unfortunately, not only is the Orlando property losing money every month, but it has also decreased in value since I purchased it. On top of that, I traded a 4% interest rate for a 6.5% rate, which has made me cautious about scaling further and repeating the same mistake.

Would also be happy to have a look and share my 1 year of experience so far 

@Dave Foster, I thought about that. I’m not sure I want 2 extra loans though or 2 tenants instead of one.

@Remington Lyman, let me rephrase that, to attract tenants with higher value vouchers the house needs to be top notch

@Ben White, thank you so much. I'm actually looking at a third option of cash out refi the home, the partner with someone with the cash in my next investment. 

@Michael Smythe, can you tell me more about how you go about the inspection? I've been considering doing this next time I have a vacancy. 

@Jack Seiden Thank you. That was exactly what I was looking at, my only concern is that seems like rents are not far off from Dundalk. Dundalk 3/2 with finish basement would rent for $2200 and if I believe correctly Towson would rent for somewhere around $2700 max? With rates now my cashflow would be far far from what I'm getting in Dundalk, of course I would bank in appreciation. 

@Marc Rice, Thank you woul dlove to pick your brain. I'll pm you.
@Russel Brazil, thank you where you invest in Baltimore?

@samuel, I’ll definitely be reaching out thank you.

@jack, exactly, it’s Dundalk. Where else in the state would you rent? Would you not do section 8