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All Forum Posts by: Ruben Correa

Ruben Correa has started 7 posts and replied 57 times.

Post: New Investor in the Jackson Mississippi area

Ruben CorreaPosted
  • Rental Property Investor
  • Champions Gate, FL
  • Posts 69
  • Votes 24

Hello all, I live in orlando FL. I heard in Jackson Ms you can buy a house for $50-60k Is that true ? 

Would you recommend buying. A house in this market for outside ? 

How much taxes - insurance will be. 

Post: Purchase property somewhere

Ruben CorreaPosted
  • Rental Property Investor
  • Champions Gate, FL
  • Posts 69
  • Votes 24

Thank you  everybody 

Post: Purchase property somewhere

Ruben CorreaPosted
  • Rental Property Investor
  • Champions Gate, FL
  • Posts 69
  • Votes 24

@Julian Lyons can we talk? As long the numbers make sense I have no problem. 

Post: Purchase property somewhere

Ruben CorreaPosted
  • Rental Property Investor
  • Champions Gate, FL
  • Posts 69
  • Votes 24

@Stephen E. do you have any contract at Jackson ? 

Post: Purchase property somewhere

Ruben CorreaPosted
  • Rental Property Investor
  • Champions Gate, FL
  • Posts 69
  • Votes 24

@ michael do you have anything available at this time ? 

Post: Purchase property somewhere

Ruben CorreaPosted
  • Rental Property Investor
  • Champions Gate, FL
  • Posts 69
  • Votes 24

Hello everyone. I would like to know where I can buy a house for $40-50k and rent around $600.

Any thoughts?

Post: Advice on buying Orlando-Kissimmee SFR

Ruben CorreaPosted
  • Rental Property Investor
  • Champions Gate, FL
  • Posts 69
  • Votes 24

@Louis Zameryka

Yes , you are right with those numbers. But still is like 10-12% ROI.

What ROI are you looking for ?

Post: Advice on buying Orlando-Kissimmee SFR

Ruben CorreaPosted
  • Rental Property Investor
  • Champions Gate, FL
  • Posts 69
  • Votes 24

@Simon W.

Pp$540 and one year profit of $69. Minus expenses. I don’t see where you get $12 to $14 of profit.

We might have to run the numbers again. To me doesn’t number doesn’t match.

If you get around 10-12% ROI is pretty good.

What do you think?

Post: Fund and Grow Questions

Ruben CorreaPosted
  • Rental Property Investor
  • Champions Gate, FL
  • Posts 69
  • Votes 24

@All,

Once you are approved and you have the money. What is the minimum Downpayment. lower than you regular monthly payment from the lender ?

Post: Vacation Rental Properties

Ruben CorreaPosted
  • Rental Property Investor
  • Champions Gate, FL
  • Posts 69
  • Votes 24

@Serena Kim

That’s it’s really good information. Good job