Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Paul DeSilva

Paul DeSilva has started 24 posts and replied 147 times.

Post: Who's buying properties right now?

Paul DeSilva
Posted
  • Investor
  • New York, NY
  • Posts 148
  • Votes 252

@Patrick McGrath Congrats! keep up the good work and good luck with the closing!

Post: Who's buying properties right now?

Paul DeSilva
Posted
  • Investor
  • New York, NY
  • Posts 148
  • Votes 252

@Leonel Lerena We do not have any contacts in California but the forums and networking sections on BiggerPockets are an amazing place to look for info. 

Post: Trump/CDC Halts evictions nationwide to the end of the year

Paul DeSilva
Posted
  • Investor
  • New York, NY
  • Posts 148
  • Votes 252

@Paul Shannon If you are seriously considering this please let me know. Thanks!

Post: Trump/CDC Halts evictions nationwide to the end of the year

Paul DeSilva
Posted
  • Investor
  • New York, NY
  • Posts 148
  • Votes 252

@Account Closed correct me if I am wrong but from what I understand this bill is only protecting tenants that cannot pay rent directly related to loss of income due to COVID-19. Also if the tenant is a real problem I'm sure there are other reasons they may be evicted. Can always offer cash for keys as an other strategy.

Post: Who's buying properties right now?

Paul DeSilva
Posted
  • Investor
  • New York, NY
  • Posts 148
  • Votes 252

@Whitney Hutten We love stable B/C markets, specifically value add properties in those markets. Sticking to your numbers is SO key!

Post: Who's buying properties right now?

Paul DeSilva
Posted
  • Investor
  • New York, NY
  • Posts 148
  • Votes 252

 @Andrew Syrios totally agree!

Post: Who's buying properties right now?

Paul DeSilva
Posted
  • Investor
  • New York, NY
  • Posts 148
  • Votes 252

@Jon Kelly You're talking my language. We can't wait for something that may never happen, we need to stay proactive and keep our goals in mind. Congrats on the acquisitions and future properties. Right now you have to be extra careful screening potential tenants and yes there are plenty of qualified and over qualified people looking to rent. Make a criteria and stick to it. We always say "Trust the Process" 

Post: Who's buying properties right now?

Paul DeSilva
Posted
  • Investor
  • New York, NY
  • Posts 148
  • Votes 252

@Andy Nathan Sounds like a great plan. Pulling that money out is one of my favorite parts of the BRRRR method, well the whole BRRRR process is awesome and my favorite strategy.

Post: Who's buying properties right now?

Paul DeSilva
Posted
  • Investor
  • New York, NY
  • Posts 148
  • Votes 252

@Lien Vuong Great Book! We are seeing no vacancies and a huge shortage of rentals in our area. Apartments are on the market just for a few days in our market. Would probably be less but showings have been a bit tricky with occupied units.

Post: Who's buying properties right now?

Paul DeSilva
Posted
  • Investor
  • New York, NY
  • Posts 148
  • Votes 252

@George Mevawala Sounds like a great business model in a very hot market! Awesome! Seems to be a big population shift in most markets now, especially headed towarads the southwest and southeast. We are experiencing record low inventories up here but not that kind of population growth.