All Forum Posts by: Jaime Duron
Jaime Duron has started 0 posts and replied 67 times.
Post: Managing entrance on Duplex?

- Realtor
- Austin, TX
- Posts 69
- Votes 28
Hey Sonny Dong! When giving access to your cleaner, there are a couple of options. You can get a lockbox and keep it next to the water sprocket outside for their access or get a keyless entry so they can have their personal code. Plus, your able to track every time someone opens and closes the door. Now for the rental insurance, was it first mention on the lease? If its a month to month lease, you can make the amendment to the lease. If its outside of the that, you would need to wait until the lease is over from my understanding.
I would keep the utilities under your name because if he/she doesn't make the payment who do you think is liable if its under your "primary tenant" name..? Its definitely not going to be the primary tenant. It would be best if you manage everything yourself instead of relying on a tenant. Your primary tenant should be your eye's and hears of the household, but I wouldn't give them duties of your responsibility.
Post: A Realtor who wants to invest

- Realtor
- Austin, TX
- Posts 69
- Votes 28
Hi Antoinette Kelly! Lets connect. I'd be happy to talk with you and see what asset class your trying to get into. Feel free to contact me via text or email.
Post: Tips on down payment partner for seller finance deal

- Realtor
- Austin, TX
- Posts 69
- Votes 28
Hi Randy Mann! Reach out, I'll be interested in possibly helping out.
Hi Bryson Williams! This is a loaded question, and really depends on how your trying to build your portfolio. However just know that you wont be eligible for most residential loans if you decide to put it under an LLC assuming your needing funding. Now if you paying all cash or using a hard money loan that different. I would definitely looking into it further and see the pro vs cons. Hope that helps.
Post: Southern Midwest and Sunbelt investors what Cash on Cash are you getting in 2024?

- Realtor
- Austin, TX
- Posts 69
- Votes 28
Hi Sean Gammons! Are you at least submitting offers below asking price? If not I would start there, but also look into creative finance. That's were alot of people are succeeding.
Hey Omar Mares! Which out, I'd be happy to help out.
Post: Hello BiggerPockets! New PRO here

- Realtor
- Austin, TX
- Posts 69
- Votes 28
Hi Alex Deng! Welcome to the BP community. I'm a local realtor and investor in the area, if your interested in connecting sometime send me a dm.
Post: Need!! help making a decision

- Realtor
- Austin, TX
- Posts 69
- Votes 28
Hi Romane Daley! Not sure what your sister's situation is and if she needs the money now, but have you looked into Subject to? Basically, you come to terms with your sister on purhcase price, DP, loan terms, etc. The loan will be kept in her name while the deed is transferred to you. There are so many variables to putting this deal together as it could be a win, win situation. There are title companys in your area that handle situations like this. Just thought I would bring another option to the table.
Post: Single Family Home Spreadsheet Property Analyzer

- Realtor
- Austin, TX
- Posts 69
- Votes 28
Hi Lucas Schlund! One of the best one's you can use is from BP, but I believe you may have to be a PRO member. If not, another widely used one is dealcheck.
Post: Pay down mortgage faster or not

- Realtor
- Austin, TX
- Posts 69
- Votes 28
Hi Sarah Santa Cruz! Everyone here has provided some great advice and ultimately it's what would help you sleep at night. If your looking to pay down your home though, I would look into using the shred method. It's essential using a loc and applying it on your mortgage and recasting it after a chunk of it is paid down. This will free up a significant portion of your monthly payment in which the difference would be applied towards your loc, plus you could potential pay down your home as little as in 5 years or so. Well, depends on how aggress you are with it. But its an alternative option for you.