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All Forum Posts by: Gaudys Rivas

Gaudys Rivas has started 3 posts and replied 39 times.

Post: Cash flow or appreciation?

Gaudys RivasPosted
  • MIAMI LAKES, FL
  • Posts 41
  • Votes 18

Most of the times there is no equity in turnkey properties, so you won't be able to Brrrr.. look for properties that you can add value ... my two cents 

Post: Net annual cashflow

Gaudys RivasPosted
  • MIAMI LAKES, FL
  • Posts 41
  • Votes 18

is there any net annual cashflow percentage considered healthy for long term rentals? I am pocketing 40% from all my properties and wondering if that is average or if I need to pay more attention to expenses .

Thanks 

Post: EIDL - Loan Increase

Gaudys RivasPosted
  • MIAMI LAKES, FL
  • Posts 41
  • Votes 18

hi , they are requesting 2019 tax records and also you need to fill out a for stating that you can take the loan in the name of the company

Post: Secret To Finding Off Market And Turnkey Properties?

Gaudys RivasPosted
  • MIAMI LAKES, FL
  • Posts 41
  • Votes 18
Quote from @Aj Parikh:

Market is tough for multi families. I am here in northern virginia and we can't find any multi families. That is the reason I chose the turnkey route and ended up purchasing my 1st SFH in Maple Heights, OH. Let me know if you want to connect and chat about it.


 how is the ohio market? Ive been curious. i am an investor in Florida , but here everything is overpriced, so looking for new markets

@Jessica Tsao would you share the name of the lender please ? thanks 

@Nick Belsky ... Hi , can you share the lender name ? I like the 3.8 with no points . Thanks 

Post: Should I sell my rental?

Gaudys RivasPosted
  • MIAMI LAKES, FL
  • Posts 41
  • Votes 18

500$ cash flow for a 45K investment is good to me . I would not sell 

@jASON SMITH .. No I did not 

Post: Send me your financing questions

Gaudys RivasPosted
  • MIAMI LAKES, FL
  • Posts 41
  • Votes 18

Hi, I am a buy and hold investor in Florida . Do banks take in consideration debt to income ratio when buying an investment property that its going to pay by itself . So far I ve been using cash and asset based loans , but I would like to start buying using my own credit

Thanks for your help