All Forum Posts by: Tyler Roicki

@Shaun Hurtado You may want to get someone to check into the availability of the construction in question. If it's the same development that I'm thinking of, I'd venture to say that they're all sold out. Feel free to shoot me a message if you'd like me to take a closer look at it.

@Lindsey Cartwright My broker would fit the bill. I'd be happy to have a conversation with you to see whether or not we might be the right fit for you.

Hi @Steve Gunasingh I also deal with a lot of multi-family in the San Antonio area should you ever need a second opinion.

@Roshan Koppuzhayil I am experienced with 2-4 unit properties here in San Antonio. I would be happy to have a conversation with you to learn how I may be able to assist you with your search! Feel free to contact me.

@Claudia Tatiana Crawford I'd recommend establishing a source of income first and foremost, and start building your capital with that... Once you've got some capital built up, you'll have a lot more poised to actually make something happen investment wise. It can be real estate related but doesn't have to be. If you decide to pursue your real estate license, you can leverage that to earn while doing something real estate related.

@Brent Taylor Welcome to the site!

Great questions! You've already mentioned PITI, in addition to that you will want to account for any management fees, capital expenditures (think longer term), repairs / maintenance, and vacancy.

As for a new home at the price point as you are describing, I'd give a potential range of $1,300-1,500/mo. 

As far as a reasonable profit... You'd really be doing well to breakeven on the cashflow on a new property with 0% down. It's a challenge to get the cashflow to be positive with no equity.

I'm sure you'll get plenty of additional input in this thread. Feel free to reach out to me, would love to assist you any way I can in the future.

@Adam Kecskes Welcome to the site and welcome to Texas! Sounds like quite the story you've got and that it's turned an exciting new page. Would love to connect if you're ever over here in San Antonio.

@Betty Cruz I'd submit a repair request to the seller... No need to specify that they have to make an insurance claim, though they might find doing so to be their best option. Ran into the same issue representing both buyers and sellers in the areas hit by the storm. Sometimes the damage isn't apparent until the inspector finds damaged shingles while conducting the inspection. My clients were able to get everything taken care of while under contract, without any delay on closing.

@Gordon Way I have a lender in mind who may be able to asssist. I think it would be worth giving him a call and running your situation by him, at the very least. Shoot me a message and I'll put you in touch!

@Raymond Marram As an investment oriented agent, I know how crucial of a decision it is you're facing. It's a series of decisions when you break it down, all worth thoughtful consideration: To rent or to own? To own a new home or a resale? Further, to lock something in now or revisit at a later time? Feel free to give me a call and I'll be happy to provide insight on all of your options.