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All Forum Posts by: Juan Monge

Juan Monge has started 4 posts and replied 65 times.

Post: New Member from Pearland, TX (Greater Houston)

Juan MongePosted
  • Investor
  • Pearland, TX
  • Posts 67
  • Votes 33
Welcome to BP @Anthony Trollope, I live in Pearland too, I’ll send you a connection request and perhaps we can grab a coffee or pint in the near future. All the best!

Post: Lets share ideas in Pearland Tx

Juan MongePosted
  • Investor
  • Pearland, TX
  • Posts 67
  • Votes 33

@Rawn Wilson, this works for me - if you are still planning on having I plan on stopping by, thanks!

Post: Cash-out Refinance a wise decision?

Juan MongePosted
  • Investor
  • Pearland, TX
  • Posts 67
  • Votes 33

@Yuta Tamura, I think this is going to really be a personal call if you 'need' / how much you can really do with the 20K. It seems you must have bought at a good price and/or did some significant renovations to force that much appreciation in only 18 months?

If owned by an entity, in the State of Texas, you should be able to open a secured, commerical LoC against the property - this may be another option for you to consider.

All the best!

Post: 22 Year Old - Second Deal: $57K Profit Flip with Partners

Juan MongePosted
  • Investor
  • Pearland, TX
  • Posts 67
  • Votes 33

Congrats @Alex Kamunyo! Also, thank you for the detailed write-up.

Did you guys have an existing relationship with the HML? Those seems like very favorable terms.

Post: Lets share ideas in Pearland Tx

Juan MongePosted
  • Investor
  • Pearland, TX
  • Posts 67
  • Votes 33

@Rawn Wilson

Later weekday evenings and early Saturday's are best for me, please let me know what day / time you decide and I will try to make it out.

Post: Lets share ideas in Pearland Tx

Juan MongePosted
  • Investor
  • Pearland, TX
  • Posts 67
  • Votes 33

@Rawn Wilson

Count me in, let’s do it.  

Post: Fastest Growing cities -according to wallet hub

Juan MongePosted
  • Investor
  • Pearland, TX
  • Posts 67
  • Votes 33

Hi @William E., I caught a glimpse of this on the news yesterday morning, but was unable to watch the piece. As a resident of Pearland, this is great news and easy to believe...as an investor, I would have to imagine this will just make the rental property market that much more competitive.

Post: I just got a $30k quote for a new roof! LOL

Juan MongePosted
  • Investor
  • Pearland, TX
  • Posts 67
  • Votes 33

Hi @Whitney Breedlove - we must live close to each other, they knocked at my door last night too. I quickly turned them away, but I always like to write down their company name and check out the website. Thanks to your post I will know to not even waste my time with that.

Anyways, I redid the roof on my primary with a local company about a year or so ago - I believe I spent right at 9K, PM me if you would like some more info.

Post: Newish investor couple in Pearland/Houston TX

Juan MongePosted
  • Investor
  • Pearland, TX
  • Posts 67
  • Votes 33

@Kassie Johnston - that sounds like an excellent idea! I have plans that evening but will try and stop by for a bit.

Post: Assistance with Hard Money expense calculation

Juan MongePosted
  • Investor
  • Pearland, TX
  • Posts 67
  • Votes 33

Hi @Whitney Breedlove, @Michele B. has given you a very thorough breakdown above. I have also made a very simple spreadsheet for this, please feel free to PM me and I would be happy to share.