All Forum Posts by: Michael A Silva-Sampaio

I was thinking about doing a little mastermind group that would meet up weekly (most likely virtually) to network. We could discuss/share our 2022 goals and commitments... maybe encourage one another, make connections, and even partner up. What do you guys think?

Thanks for the info. Let's connect sometime next week.

Awesome guys, let's do this. I'll be back in El Paso next week.

Anyone want to meet up to talk REI?

Has anyone ever done a small multifamily house hack partnership where your partner would be the live-in, and your value add would be to vet tenants and manage the rental units?

Stumbled across this thread. Anyone still meeting up? 

Thanks for the info Bob, I don’t know much more than what I posted. I will definitely forward this to her though. I think this will give her some hope.

This may be a little off topic since it does not pertain to an investment property, but a friend of mine has found herself in a pickle! This friend had a house built and claims that the builder, title, and lender are the same company. She currently works in travel healthcare and is being told that because she does not have two years of employment history she is being denied the loan. When she was originally approved conditionally for the loan and began this process when she had worked at a facility for the last 10 years. Fast forward a few months later--the house has been completed and despite being in a new job making substantially more than the amount she previously made, she now finds herself with the prospect of losing her down payment of $17k with only three days left to close! What are some of the options she can do to either recuperate all or some of her down payment or actually close on the house in time to minimize or nullify completely any additional fees? Thank you in advance.

Hello all, I have been thinking of doing a house hack for some time now but I am not sure if my profession disqualifies me since I travel for most of the year. In order to house hack, do I have to physically be present in the home for a minimum amount of time or can I simply claim a room to myself while I rent out the other areas of the home? I am married and I also own another home that I return to when not traveling for work. This new property that I’m interested in buying would technically be my new primary residence but I don’t plan on staying there all to often in the traditional sense since I cannot live in the same city that I work in to receive tax benefits on my salary. My wife would keep per primary residence at our current home. I definitely want to avoid breaking any laws or to even have my integrity questioned; I just want to make sure that I don’t miss out on an opportunity to invest. I currently rent Airbnb’s or hotels in the cities I work in for two to six months at a time before moving on to the next job site. Thank you all in advance.