All Forum Posts by: Salvador Aldrett

@Ned Carey thanks, it makes sense.  I will price this into my decision

@brian m sweeney. Thanks so much!

Dear Bigger Pockets Collagues,

  I have a question.  I have been investing in a College town for about 8 yrs now.  When I started investing the cap rates where about 9, but over the years, consturction has been booming and rents abviously are not keeping up with prices, so by now the cap rates are close to 3 and therefore no longer as attractive.  I have been thinking about extending my search and going to small towns around (say 40 mile radius).  I have been able to find deals that look attractive (12-16% cash on cash).  I still have not taken the plung and bought because I want to understand risks of investing in small towns (say population <5000).  The town is abviously near places that provide employment, but nonetheless is small town.  What questions should I be asking myself to identify as many potential risks as I can?

Many thanks in advance for any words of wisdom from those of you more experienced investors

Salvador

@Jeff Richardson many thanks Jeff! I have enrolled for one of their workshops.  I greatly appreciate your help and advice.

Salvador

Thanks to everyone for your quick reply

@Jerry Ta I will contact Jhoana

@Jeff Richardson I will google lifestyles unlimited, how long have you been using them? how many deals have they helped you with?

@Miguel Castillo Send me your friend's contact please

Kind Regards to all

Salvador

I live in a Houston suburb and I am looking for a real estate agent to help me find deals in the Houston area

Regards

Salvador Aldrett

@Michael Beeman congratulations!  It is inspiring and refreshing to see your hard work paying off.  Wish you much success.  Salvador

Thanks to all that have helped me.  

@Lane Kawaoka thanks for your advice, i have a follow up question, i am going for TK's because i live outside the US.  Could you advice on alternative ways to invest in real estate in the US without using TK's?

Also, i am not sure i understood completely your posting, are TKs not a good option? can you share any other ideas?

Thanks greatly appreciated

I would like to explore purchasing my next unit from a TK company, and I am leery of companies without having a solid recommendation.  Let me know if anyone can recommend a company to me.

Greatly Appreciated

Salvador

Congrats on taking this first step in the long journey, wish you much success and feel free to reach out if you need help

Salvador