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All Forum Posts by: George Rodriguez

George Rodriguez has started 41 posts and replied 49 times.

Hello what is the best way to find rental properties to purchase? single-family homes. I am interested in starting real estate investing with rental properties but I don't know where to get started to find my first property. should I look in the MLS should I send out yellow letters can I talk to friends and family what do you think?

Thank you thats helpful

Post: How to accurately calculate ARV

George RodriguezPosted
  • Posts 50
  • Votes 6

Hey was does looking at comps top-down mean?

Hello. Who draws out your purchase agreement? Do you hire a realtor? Do you do it yourself and then go to a title company? Do you hire an attorney? 

Post: Yellow letters. Do they work?

George RodriguezPosted
  • Posts 50
  • Votes 6

I'm looking to purchase rental properties in a certain zip code. I have heard of yellow letter mailings. Do you guys think that this works? If so, who do you mail them to? How do you find leads to mail to? 

Hello. If I want to get into real estate investing particularly owning single family homes and renting them. Do you recommend that I set up an LLC for each property or one LLC for all of them?

Post: How to accurately calculate ARV

George RodriguezPosted
  • Posts 50
  • Votes 6

Hello, how do I accurately calculate arv? I have worked with handyman jobs for over 10 years so I have a rough idea on what things cost to get fixed. What else do I need to know to accurately calculate the arv? I don't want to purchase anything over 70% arv. Is that a good formula to follow?

Hello. I've bought 2 properties before one with a realtor and one through a tax sale. I am not sure how to go about buying a house that i am buying off someone i have personally spoken to say off my yellow letter leads. What steps do i follow once the seller agrees to sell?

Post: How do you make sure title is clear?

George RodriguezPosted
  • Posts 50
  • Votes 6

Hello I am looking to purchase my first rental property. I want to make sure I have all my i's dotted and my t's crossed and one of the issues that I'm coming across is that I am not 100% sure on how to ensure the title is clear on a property prior to me moving forward with purchasing. I understand there is a title search but is that it? If I purchase title insurance will it cover 100% of what I paid for the purchase price if an issue arises with the title after purchase?