All Forum Posts by: Jason Toledo

@Account Closed The only way to do it haha!! Thank You!

@Andrew Fidler Thank you, I most definitely will!

@Jesus Badillo Jesus Definitely. Anything I can do to help. There a lot of local guys and gals on here that I'd recommend following as well. @Ryan Blake @Solomon F.

Just closed on my first Duplex in Fort Worth, Texas! Being a novice to the REI world. I wanted to tell how much of a God send the Bigger Pockets Team and The Members within have been for me. With the tools, educational forums, videos, and advice from the good hearted people of Bigger Pockets, I've been able to lock in my first rental within 6 months! My advice to New Members is to immerse yourself in the amazing educational material provided via Bigger Pockets. Reach out to members even to say "Hi" or "Thanks". You never know who can give you that motivation or piece of advice that takes you to your first deal and beyond. Big shout outs to #Ryan Blake #Patrick Hermans #Solomon F. #Sebatian Kressley #Paul Moore #Matt Faircloth, the Bigger Pockets team and anyone else that I may have missed. Thanks for the guidance no matter how small or big it may have been! Best Regards - Jason Toledo

@Frank Wong Thank you for sharing your experience. I countered the seller stating that I would like the rights at purchase; hopefully they accept. If they do not accept, I can rest assured that it isn't too much of a set back and proceed with the purchase. Thank You all once again for all of your feedback!

Best Regards -

@Ryan Blake as always coming in clutch! Thank you for that information. I'll weigh the pros & cons and see if the seller is willing to negotiate. If they are not then it seems that it's not too big of a setback investment wise. Thanks Ryan! Best Regards -

@Trenton Miller Thanks for your insight! It would be a buy and hold CF property, but like you said, if I'm having an issue with it now that in the event I was to sell how would potential buyers see it. Thanks again!

Hi All, 

I'm looking at a duplex in the Dallas Fort Worth Metroplex area; the seller has just counter offered with an addendum for reservation of the potential oil, gas and mineral reserves of the property. I offered 10K over the asking price, due the numbers still working. Is this a deal breaker in regards to real estate investing; as investors, wouldn't we want control the whole of the properties we are purchasing? Thanks in advance for the help!

Best Regards - 

Jason Toledo

@John Leavelle great advice, I'll look into that, thanks!

Howdy @John Leavelle thanks for taking a look at this. I was trying to make the numbers work as much as I could with the numbers they were wanting, but was not able to; the area does not regularly flood either. I'm not okay with the low cash flow, but I did see that the property has a big lot, which another house could be built on potentially in the future. Just called another insurance company to see if the flood and home owners policy numbers can come down some; that may increase cash flow a bit. Thanks for the comment!