All Forum Posts by: Cody Bunch

What Jonathan said, there are deals all over the place in SA if you keep an eye out. Currently I'm in areas within ~5mi of some of the bigger employers, USAA, etc, and have had good results with that so far.

Actual numbers vs longer term leases.
Is a property manager worthwhile?
VRBO, HomeAway, etc? Are these worth it?
Insurance / Legal issues - This one is multifaceted. Does your locale affect your ability to do short term rentals; and How does someone getting hurt, injured, etc on your property effect things?

Thanks!

-C

Claudette,

East coast. Palm Beach County.

Any contacts or names of some local associations down there?

-C

I've recently (in the last year or two) come into a multi-family unit out of state. As you can imagine, getting up and running as been a challenge. At this point we've got our heads around the expenses and incomes, however, I have a number of questions about doing business in South Florida.

Things like:

- Are there reliable contractors down there? Our experiences have been... lackluster.
- What are the landlord / tenant rules?
- If there is no written copy of the lease, how does one handle pre-existing tenants?
- What is generally included in a lease? That is, we are currently paying the water bill for the tenant, however, we are metered separately.

Additionally, we're looking for a property manager. We use Birdy in San Antonio, and would like someone just as professional in S. Florida.

Thanks in advance!

-C

So I'm relatively new to BP, and to real estate in general. That said, I've pulled the trigger on a duplex in San Antonio and am looking for recommendations on property managers. Any suggestions would be great.

Thanks!

Thanks all. We took a pass on the property, but used it as a good learning adventure (these numbers work, those don't, this area or that one, etc.)

I'm relatively new here (been reading up on things for the last few days). On the referral of a friend, I'd like to ask for some advice.

I'm looking to get into real estate with a buy & hold. I've got a pre-approval and have been doing some shopping. At this stage I'm looking at:

http://www.trulia.com/property/3095616090-5842-Fort-Stanwix-St-San-Antonio-TX-78233

Current rents are going for 950-1025 in the area, which after mortgage would leave me with about 300.

I guess my ask is: Can you provide guidance? Should I jump in on this one, or look around a bit more?

Thanks!