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All Forum Posts by: Joseph Ruzic

Joseph Ruzic has started 4 posts and replied 7 times.

Hi, I’m interested in purchasing a property that has a pre-existing lease through 2020. My question is can I raise the rent between now and 2020 if the market value for the rent is under by about $100 since I would be the new lessor??

Post: Financing Help 2nd Rental

Joseph RuzicPosted
  • Keller, TX
  • Posts 9
  • Votes 0
Hi all, I am looking into getting my second rental. I am wondering so practical applications of non traditional financing to do this one. I used my own money for the 20% down in the first and although I have enough to do this again, I am worried about my personal finance situation with that much debt and cash tied up. Any suggestions or paths you can share that worked early on??

Post: Fort Worth investing Network

Joseph RuzicPosted
  • Keller, TX
  • Posts 9
  • Votes 0
Hi, thank you both. I am looking for buy and hold properties in the $120K-$170K range 3/2. I would like to stay between the White Settlement/Saginaw/Lake Worth/Keller/Watagua/Haltom area, but would be interested in anything near FW.

Post: Newbie Help

Joseph RuzicPosted
  • Keller, TX
  • Posts 9
  • Votes 0
Sorry James, yes I did. Got one and it’s doing very well (CF of $324/mo). Biggest struggle now is that I have my primary residence and the investment in my debt column. So now I’m looking for how to add another property without stretching myself to thin personally.......any advice?

Post: Fort Worth investing Network

Joseph RuzicPosted
  • Keller, TX
  • Posts 9
  • Votes 0
Hi all, I am looking to find a few people interested in sharing/helping with my investment journey in the Fort Worth area. Nothing to formal, just looking for advice on where to go from here. I have one Property and work full time, looking to build up a few more properties. Any help would be appreciated!!! Thanks!

Post: Newbie Help

Joseph RuzicPosted
  • Keller, TX
  • Posts 9
  • Votes 0
Tim, this is GREAT! Thank you!!

Post: Newbie Help

Joseph RuzicPosted
  • Keller, TX
  • Posts 9
  • Votes 0
Hi everyone. My name is Trey Ruzic and I am new to the BP community. I recently sold my first rental property (bought in 06 as primary residence, upside down for 6 years, then finally made a decent profit this year). I have some cash and want to start investing in cash flow properties. I have attended the intro Lifestyles Unlimited session and it sparked me to look for other ways to network versus paying the $500 membership fee just yet. I have a GREAT realtor but honestly with so much information out there on how to start its a little overwhelming. I'm looking for any advice on how to "start" right. Not sure if this info will help but here is what I am looking for/working with: --Buy and Hold strategy --Either single family or duplex properties --Looking for monthly cash flow --Currently have about $30K in cash to start with Thanks in advance for any help!!