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All Forum Posts by: Ruben Correa

Ruben Correa has started 7 posts and replied 57 times.

Post: Cap Gains on Primary turned Rental - am I wrong?

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

I want to be clear in my case I bought a house in March 2018 we lived in the house until beginning 2020 then we moved out to another property put a tenant in the house. If I sell the houses now do I have to pay taxes on that property . I have around $100k in equity. I would like to sell it and keep that money :-) .

Post: 1 year FHA residency requirement

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

@David A. We bought a house with conventional mortgage with 3.5% Downpayment. That’s another option

Post: What neighborhoods worth looking at in Orlando?

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

@ jay 
right now both house are 100% occupancy. Thank God 


do you have house in the same area?

Post: Time to buy or time to save money

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

I would like to know your thoughts.

It is time to buy or it is time to save money ?

Post: What to do with 30k to invest in Florida?

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

@Jose With 30K it’s a good Downpayment for a new house. Where you can rent for $1500-1700 But the purchase prices it’s going to be higher that $150k 

My wife it’s a realtor and also an investor. 

Let me know how we can help you. 

Post: What neighborhoods worth looking at in Orlando?

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

@John Moore

I have a good lender I will send you the info toMorrow

Post: central florida Y hablas español?

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

@Tyler Gibson. A mi me gusta mucho el area de kissimme- St. Cloud y Davenport.

Si ves algo por esos lados déjanos saber.

Esto es lo que yo quiero conocer gente y tener más conexiones y aprender de cada uno.

Post: central florida Y hablas español?

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

@Brandon M

Si hemos hechos varias casa. No mucho trabajo en cada una. Cambiamos piso, pintura, arreglar unas cosas. Pero el profit fue bueno. Claro ya eso fue hace unos años atrás.

Ahora mismo tenemos dos propiedad nuevas en kissimmee y una en champions gate tambien Nueva.

Esta estrategia nos ha funcionado mucho. Porque mi realtor es mi propia eso.

Post: What neighborhoods worth looking at in Orlando?

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

@Ruben Correa. One of my tenants works for company that installs solar panels. Other works in a bank

Post: What neighborhoods worth looking at in Orlando?

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

@CO Yilmaz

Yes, there is a lot different work area. But tourist it’s the most important revenue for everybody here. Hotels - restaurant etc. But the only thing that has stopped tourist to come it’s covid-19. Besides that the city and the state it’s growing.

Also a lot people it’s moving to the state