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All Forum Posts by: Seth Teel

Seth Teel has started 59 posts and replied 559 times.

Post: DSCR or PML

Seth Teel
Posted
  • Investor
  • San Antonio, TX
  • Posts 593
  • Votes 585

@Anthony Hidalgo

I am a broker here in San Antonio. We specialize in working with residential investors. We have a great network of traditional and non-traditional lenders that offer DSCR, PML, Hard Money, & Portfolio loans. If you need a few lenders to talk with, just shoot me a PM. Plenty of good lenders in the area that can steer you in the right direction.

Post: No-Pitch REI MeetUp 7/12/23 (Wednesday)

Seth Teel
Posted
  • Investor
  • San Antonio, TX
  • Posts 593
  • Votes 585

Reminder!

Tonight Wednesday 7/12/23 we'll be hosting our meetup at Joey's, 6pm - 9pm.

We hope to see you there!

Post: No-Pitch REI MeetUp 7/12/23 (Wednesday)

Seth Teel
Posted
  • Investor
  • San Antonio, TX
  • Posts 593
  • Votes 585

Hey Y'all,
We will be hosting our next MeetUp Wednesday 7/12/23, 6pm - 9pm @ Joey's (2417 N St Mary's St, San Antonio, TX 78212).
So, if you're an investor, agent, contractor, lender, or just interested in learning more about real estate investing, please join us.

This will be a casual happy hour style event.
All are welcome.

There is no cost to attend.
We hope to see you there.

FB Event Page Link: https://fb.me/e/1jeX2DYGK

Post: No-Pitch REI MeetUp 6/14/23 (Wednesday)

Seth Teel
Posted
  • Investor
  • San Antonio, TX
  • Posts 593
  • Votes 585

Tonight is our MeetUp @ Joey's.

There is no cost to attend.
We hope to see you there!

FB Event Page Link: https://fb.me/e/2EN0bLemo

Post: No-Pitch REI MeetUp 6/14/23 (Wednesday)

Seth Teel
Posted
  • Investor
  • San Antonio, TX
  • Posts 593
  • Votes 585

One week from today we'll be hosting our monthly MeetUp @ Joey's.

We hope to see you there!

Post: Drive by BPO on a renovated home, how to determine as is value

Seth Teel
Posted
  • Investor
  • San Antonio, TX
  • Posts 593
  • Votes 585

@Sam Tright

Most of the note buyers I've encountered really don't care much about the property or it's condition.  They care about the note and its terms: Is it seasoned? Are the borrowers paying? How long is left on the note? etc.  Being that they are not buying the real estate but the paper that finances it, I think a drive-by BPO is more than sufficient.  

If you need the help of an investment expert in St. Louis, reach out to Matt Kastner of St. Louis Real Estate Society.  Matt helped me buy and sell several properties in St. Louis, investing in some of them with me.  I plan to buy a duplex there next year and Matt will be the one to help me find it. 

Post: No-Pitch REI MeetUp 6/14/23 (Wednesday)

Seth Teel
Posted
  • Investor
  • San Antonio, TX
  • Posts 593
  • Votes 585

@Priscilla Arguello

Awesome.  Make sure to say hello!

Post: Where is the best STR area in 1h-2h distance from Austin

Seth Teel
Posted
  • Investor
  • San Antonio, TX
  • Posts 593
  • Votes 585

@Arezou Ed

There are several good cities and towns within 2 hours of Austin to host a short-term rental. You'll need to determine if you want a property in a more rural or urbans setting. If you chose a city/town like San Antonio, New Braunfels, or San Marcos you can the benefits of density, infrastructure, local sights & attractions, etc. If you choose to locate in a more ex-urban or rural setting, like Blanco, Wimberly, Johnson City, Stonewall, or anywhere in the Hill Country, you'll have less access to grocery stores, restaurants, etc, but will have privacy gorgeous views and still easy access to Austin or San Antonio. Keep in mind some cities have STR ordinances (Austin, San Antonio, New Braunfels). Austin and New Braunfels STR ordinances are very restrictive and may be an uphill battle just to get an STR permit. San Antonio's ordinance is much less restrictive than the other two, but it's not without issue. If you have any questions, feel free to shoot me a DM.

Post: No-Pitch REI MeetUp 6/14/23 (Wednesday)

Seth Teel
Posted
  • Investor
  • San Antonio, TX
  • Posts 593
  • Votes 585

Hey Y'all,
We will be hosting our next MeetUp Wednesday 6/14/23, 6pm - 9pm @ Joey's (2417 N St Mary's St, San Antonio, TX 78212).
So, if you're an investor, agent, contractor, lender, or just interested in learning more about real estate investing, please join us.

This will be a casual happy hour style event.
All are welcome.

There is no cost to attend.
We hope to see you there.

FB Event Page Link: https://fb.me/e/2EN0bLemo

Post: No-Pitch REI MeetUp 5/10/23 (Wednesday)

Seth Teel
Posted
  • Investor
  • San Antonio, TX
  • Posts 593
  • Votes 585

See y'all tomorrow Wednesday 5/10, 6pm @ Joey's!