All Forum Posts by: Manaia Alalamua

@Allan Kuaana Right on. Good luck on your journey, Allan! I am not an expert @ BRRRRs, but I agree with your thought process. If you have any questions, I would be more than happy to help, just let me know. Aloha!

 Hey, I actually been through a big one in town and had to go through the whole thing. DM me and we can discuss. 

Thanks @Anthoney Hanks . I did see that; however, I wanted to see if anyone, especially investors, had GCs that they could refer or have references from their GCs. Thanks for the input nonetheless!

@Account Closed advice; (2) maybe get a letter from legal counsel that states the Board's ineffective management of the resident manager's actions. It would be good to have exact emails, responses, times and dates, etc. to corroborate your story. Maybe that'll help you with the problem. Remember, I'm no legal expert, so take it as an opinion. Hope that can help.

Hi Everyone, 

Much thanks in advance, I'm looking for a great, reliable, and investor-leaning General Contractor in the San Antonio area? If anyone has any suggestions, that would be wonderful. Thank you all again for your opinion and advice. 

@Lloyd Silver 

I agree with @Alex Zhao on his suggestion. BRRRR might be a tough strategy to implement if you've not purchased your first real estate deal. From my personal experience with dealing with out-of-state Realtors (I'm in Hawaii, looking to purchase properties in Texas), they weren't familiar at all with the BRRRR strategy. I had to explain to them what I was looking for and the price ranges I needed to operate in.

I would say that it's important to tell people exactly what you're looking for, in this case the Realtor, and let them decide if he/she would want to be a part of your team. It helps to give them metrics and parameters of properties you're interested in. The really important aspect of BRRRR, in my opinion, is the concept of the 'Team' and building an effective unit where they all work together to achieve your goal. I hope that helps.

@Jason Holbrook I'm curious. How do you BRRR at $400k when your ARV is $400k? I guess I'm not reading your post correctly. If the ARV is $400k after rehab, then 75% would get you a loan of $300k. Which doesn't look like it's going to workout.

I think @Fern Vargas is correct too. Legal cases would be a pain to deal with on your project. Just my opinion.

Although, I plan on start purchasing properties in San Antonio, so great seeing people doing things, I would love to connect with both of you. 

@Charles Holder Thank you. If you have a contact @ Keller Williams, please let me know. I would like to call them.

@Tracy Streich Thank you. I will call Brad Larsen. 

@Amy Fulbright Thank you. I don't think my previous post linked correctly. 

@gary komenaka I can probably help you with your situation. PM me and let's what you're up against.

@ Amy Fullbright Thank you! I will give them a call.