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All Forum Posts by: Robby Sanchez

Robby Sanchez has started 23 posts and replied 96 times.

Post: wholesale friendly attorney referrals

Robby Sanchez
Pro Member
Posted
  • Inspector
  • Austin, TX
  • Posts 97
  • Votes 40
Quote from @David Lecko:
Quote from @Jonathan Greene:

@David Lecko probably knows of one. He is in Austin.


 Thanks guys!

Hudly Title Phone: (512) 400-4210


Post: wholesale friendly attorney referrals

Robby Sanchez
Pro Member
Posted
  • Inspector
  • Austin, TX
  • Posts 97
  • Votes 40

hey guys! I was hoping someone had a referral for an investor friendly attorney who can help with contracts specifically dealing with wholesaling both MF and SF.  TIA! 

Post: Buying Commercial retail space

Robby Sanchez
Pro Member
Posted
  • Inspector
  • Austin, TX
  • Posts 97
  • Votes 40
Quote from @Sri Reddy:

I am a newbie to real estate investing and looking for guidance from the teams here to understand the sources from where we can find any small retail spaces to buy. Looking for spaces in existing or new communities coming up in and around phoenix, dallas, austin, raleigh, irvine, charlette, san diego.

Imin austin. Let me know if can help!

Post: šŸ” Looking to Connect in the Real Estate World! šŸŒŸ

Robby Sanchez
Pro Member
Posted
  • Inspector
  • Austin, TX
  • Posts 97
  • Votes 40
Quote from @Nick Dahal:

Hi everyone! Iā€™m currently based in Austin, Texas, but Iā€™m open to relocating to other parts of Texas or even a neighboring state for the right opportunity. Iā€™m eager to dive deeper into the real estate market and would love to connect with experienced professionals, mentors, or potential business partners.

My primary interests include:

  • Buying rental properties for Airbnb or other short-term rentals
  • Storage facility investments
  • Investing in homes for long-term appreciation
  • Land purchasing for future development or resale

I have some capital to invest and am ready to be hands-on in managing and taking care of the business operations. While I donā€™t have extensive experience in real estate, Iā€™m a fast learner, highly motivated, and committed to making this a success.

If you have experience in this field, are looking for a dedicated partner, or have ideas to share, Iā€™d love to connect! Letā€™s combine our skills and resources to create something impactful and profitable.

Feel free to message me or drop a comment below. Looking forward to connecting with you! šŸ’¼šŸ˜ļøāœØ

Hey nick! I live in round rock as well! And I'm also looking to partner! Let's get together and talk more about it!

Post: New, hungry, eager to start while also patient. Large risk appetite.

Robby Sanchez
Pro Member
Posted
  • Inspector
  • Austin, TX
  • Posts 97
  • Votes 40
Quote from @Zach Howard:

@Robby Sanchez

Thanks for the offer - actually Texas is one of the places where I've started to look at potential properties and so on. My ideal location would currently actually be Augusta, GA because I really want to start somewhere with a very low crime rate. 

Any part fo Texas you might recommend that are safe?

Yes sir! Dallas TX is a great market right despite the current downturn. Austin tx is not as bright but the future market of Austin is promising! I'd be glad to hop on a call and talk more if you'd like!

Post: 10 Unit Apartment Complex in Austin, Texas $1.2M

Robby Sanchez
Pro Member
Posted
  • Inspector
  • Austin, TX
  • Posts 97
  • Votes 40
Quote from @Adelina Miller:

RARE Opportunity to purchase a 10-Unit Apartment Unit in East Austin! Property will need a HEAVY renovation to reach top market values but with an appraisal from the past few years showing value at 2.14M via Cost, Income, and Sales Comparison approachā€” the VALUE is there!

**CASH OR HML ONLY**

TEXT (513)-444-8507 for more info

TX #0798571 | Brokerage #9003665


 Interested!

Post: Planning my process

Robby Sanchez
Pro Member
Posted
  • Inspector
  • Austin, TX
  • Posts 97
  • Votes 40

Welcome! Fellow army veteran here. I'm at 80% trying to get to 100% currently. Congratulations on your rating and I'm sorry for the injuries or ailments you are going through due to the disability. I'm just south in austin TX. I am no expert by any means but I thought I would drop my opinion here. 

1) Should I focus on duplex since they're most likely less expensive in my area in category A or B properties, or aim for more units?

Honestly, this is up to you. I would suggest going as big as possible in the beginning.  This way you can utilize the leverage if you plan to scale up in the future. The asset class will be dependant on how much capital you have availabile and how much renovations you plan to perform. 

2) Is there an income gap between going after 2 units as opposed to 4?

Income will depend on your plan for the specific asset. # of units doesn't necessarily equate to how much income you could make. For instance if you buy a duplex and plan to significantly renovated it. It could provide more cash flow but your leverage would still be less due to the total value of that property compared to the 4plex

3) Is there an easy way to understand what price range I should stick to in my area, and should I focus on the best market or focus on the best price for properties? 


Price range would again depend on you and how much capital is available to you and how much you are willing to put down. I would definitely focus on market growth oppose to finding a cheap property. A property could be cheap but be located in a low performing market. Therefore the growth potential is low as well. I would say Dallas is a solid place to start right now.

4) Once I've lived in the property for the obligatory year, is that typically long enough to refinance and use HELOC towards my next property?


I think a HELOC requires a certain LTV before you can pull any equity and 1 year most likely won't be long enough for any real equity to build.

I would say. Live-in-flip a four plex- live in one unit while you rent the others and benefit from the other 3 units paying a large chunk if not all of the mortgage. And renovate yours while you live there. Depending on your living requirements and your specific situation of course. Then continue moving from one unit to the others until you renovate them all. Depending on market growth, you could utilize the HELOC to pay for the renovations. Once they are all renovated. You could leverage the value of the entire four plex to put towards a larger asset or try to 1031 exchange it.

again, i am no expert but I would consider myself a fairly savvy investor. I would love to connect and see if there are any ways i could help you further! Good luck!

Post: Looking for affordable home inspectors in the Des Moines area!

Robby Sanchez
Pro Member
Posted
  • Inspector
  • Austin, TX
  • Posts 97
  • Votes 40
Quote from @Jake Gasperi:

Hey everyone!

Iā€™m in the process of getting a home inspection done, and I was recently quoted $1,100, which seems pretty steep to me. I know the importance of a thorough inspection, but I hope to find someone who offers quality work at a more reasonable price.

Does anyone have any recommendations for reliable and affordable home inspectors? Iā€™m located in Des Moines, and Iā€™d appreciate any leads or advice. Thanks in advance for your help!


 what is the age and square footage of the home? you can also go here https://www.nachi.org/certified-inspectors/near/des-moines--... and search for inspectors as well. 

Post: Communication within the GP team

Robby Sanchez
Pro Member
Posted
  • Inspector
  • Austin, TX
  • Posts 97
  • Votes 40

One of the Keys to Success in Multifamily Partnerships: Communication

In the world of multifamily real estate, teamwork is everything. As General Partners (GPs), we juggle a lotā€”talking with vendors, negotiating with buyers and sellers, and ensuring the deal stays on track. But here's the thing: communication within the GP team can make or break a deal.
When information doesnā€™t flow smoothly between team members, it can lead to confusionā€”and even worse, miscommunication with external parties. Imagine one partner relaying outdated or inaccurate details to a vendor or buyer. Itā€™s not just awkwardā€”it can jeopardize trust, relationships, and, ultimately, the deal itself.

Hereā€™s how we ensure success:
1ļøāƒ£ Weekly Syncs: Regular team check-ins to align on progress and updates.
2ļøāƒ£ Shared Systems: Use tools like Slack or Asana for real-time collaboration.
3ļøāƒ£ Transparency is Key: If you donā€™t know, say so. Itā€™s better to pause and confirm than risk relaying false information.

Remember, deals are built on relationships, and relationships are built on trust. As GPs, we owe it to our partners and stakeholders to keep communication clear, honest, and consistent. Letā€™s keep the deals rolling and the trust growing! šŸ’¼šŸ¤
How do you ensure strong communication in your partnerships? Share your thoughts below! ā¬‡ļø

Post: Introduction - Investor and Interior Design Company Owner

Robby Sanchez
Pro Member
Posted
  • Inspector
  • Austin, TX
  • Posts 97
  • Votes 40
Quote from @Cody Caswell:

Hey Robby! Great to meet you.

We source from four primary suppliers: Lowe's, Home Depot, Floor & Decor, and Amazon. Furniture is another story; we have tons of suppliers. However, for building materials, we get 99% of them from the four mentioned!

I love home depot because i get military discount there! Have you ever heard of host GPO? some of my investor friends have mentioned it. they get all there stuff at wholesale prices and it allows them to sell things for a discount.