All Forum Posts by: Jorge Duarte

Yes, @Patricia Steiner Only when you needed the most you will not have it. Maybe your system of keeping track of conversations you had with your tenants weren't that effective, but you can always try new systems until you find one that you can keep up with and works for you as well. 

Hi @Kimberly Gamez! Airbnb would be the best choice, but tell me what are the nearest tourist attractions, beach? Coast?

@Jesus Roman Thank you for the input, I have been working the numbers to see if renting would be better than buying on my current situation. I've been looking into maybe house hacking, but how would it work if I'm living in a Single Family Residence? 

Hi Biggerpockets community, 

I am currently in a situation where I can rent and save some money for future investments or buy a home and not be able to save because I would be putting most of it on  my mortgage. What are some pros and cons of renting? What are some pros and cons of owning a home? And lastly, how can I mitigate both sides to the point of reaching financial freedom? What important things to take into consideration? 

Thank you in advance! 

@Bob Stevens I think you're right, and I'd like to add that on buy and hold investments in AZ your ROI really skyrockets with appreciation. I understand that the market it's unpredictable, but at least in my market in the past year we have seen over an 8% percent appreciation. It may be because of Covid or also because there's a lot of Californians moving to AZ. What ever it may be it has been raising housing prices and rents with it.

The typical "it all depends" is basically that your time invested on being a Real Estate Agent will be on Marketing, Showing houses, talking to clients, etc. All of this time would be invested into your Business as a Real Estate Agent, but you would be setting aside your flipping business, at least during the time of getting your name out there and getting people to work with you. Bottom line is that it'll take time to get your systems going and it is possible that you can have your License as Realtor and save lots of money on commissions, but the time invested on your brand could be invested on flipping properties like you're already doing and probably get a better return on the TIME invested. 

$80,000PURCHASE PRICE

*This link comes directly from our calculators, based on information input by the member who posted.

Just finished listening to Ken Corsini's Podcast, where they told us about this new book coming out/came out! I'm excited to get mine on the mail soon! I can already see the GOLD! Thank you in advance!

@Bob Okenwa thank you for you input, I was wondering how to calculate the inventory lately, and your explanation was very a easy to follow! 

Thank you @Jay C. your comment reminds me a lot of Warren Buffet's Quote. "Be greedy when others are fearful and be fearful when others are greedy." I hope I didn't butcher that. Thank you once again. If you got any questions over AZ let know I've been living here all my life.