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All Forum Posts by: David Roque

David Roque has started 6 posts and replied 93 times.

Foreigners Buying in the USA

Post: Foreigner Wants Vacation Home

David RoquePosted
  • Investor
  • San Diego, CA
  • Posts 100
  • Votes 37

If cash deal, more than likely will not matter if your relative is US citizen or not.  

Tax advantages...best to ask a CPA.

LLC used if they want to protect their personal assets from business assets. Yes, you can buy the property in a LLC.

I live in San Diego and might have something your relative might be interested in?

0 Votes
Starting Out

Post: Need help analyzing this deal

David RoquePosted
  • Investor
  • San Diego, CA
  • Posts 100
  • Votes 37

Deal...look at cap rate...looks close to 10%. But area may concern...yet tenants appear to be strong. 

0 Votes
Starting Out

Post: I have cash, how do I start?

David RoquePosted
  • Investor
  • San Diego, CA
  • Posts 100
  • Votes 37

Bingo Chuck...Bakersfield and Visalia area is where I am looking to do fix and flips.  I reside in San Diego and one can find a deal but things move rather quickly here.  I grew up in the Visalia area and live in Bakersfield before.  Currently offering on 6 different homes.  

0 Votes