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All Forum Posts by: Gerardo Azpeitia

Gerardo Azpeitia has started 1 posts and replied 4 times.

Post: Investing in El Paso tx

Gerardo AzpeitiaPosted
  • Posts 4
  • Votes 0

@Jesus Ojeda hola Jesús, estoy interesado en invertir en El Paso, Tx. Multifamiliares de preferencia. Tienes algunas propiedades disponibles?

Saludos, Gerardo

@William M. This is great and very visual. Was thinking on doing similar. Do you mind sharing your spreadsheet? Thank you

Today's market is extremely competitive. While I am eager to use the BRRRR method, i want to start by buying a vacation rental property using some of my savings and expect a good ROI and positive cash flow every month.

I am competing with buyers paying cash for the houses. No way I can do that. Is anyone else experiencing the same?

On top of that, sellers are asking to waive the appraisal contingency. Which means more up-front cash. :(

Thoughts?

@Alex Babayev congrats, what was your monthly cash flow before and after the refinance? And your mortgage before and after?