All Forum Posts by: Jose Ramallo

Thanks for answering Bill. I am still learning. Yesterday, I attended small multifamily webinar with Jerry Norton and I began to plug in numbers in the rental calculator.I do not want to waste time so I began working. I also did some research online of the area. Obviously, it needs a lot more research and study. The property is very old and it might need money to rehab. I have not made any offers because i do not feel qualified yet. I can send you the link of the property if you want so you can look at it. I am in the process to make deals, but I know i still have a long way to know, so i want to go slow so I become successful. Tell me where do you want me to send you the link so you can check it out. Thanks again.

I came across an 4 bed- 4 bath old house (1916) in MLS. I ran some numbers and it came up with ROI of 16%. I am sure the house needs work, but I think it could be a good rental property. Since I am a newbie, I do not very well how good of a deal is. Can anybody help me to determine what my options are. Thanks.

I am thinking to do the same thing with my new home. I have three unused bedrooms that would like to STR. I am very excited about it. Since i am new at it, I've thinking to hire a property manager at the beginning. It's been uphill, because they usually rent the whole house or they do long term tenants. Anything that I find out, i would be glad to share it.