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All Forum Posts by: Shashi P.

Shashi P. has started 1 posts and replied 38 times.

Originally posted by @Cody Z.:

@James C Norman Jr

Great mindset and head on your shoulders. I would look at it from a cash flow point of view versus doors. If you bought two duplexes and after PM they netted 200 a door versus the 4 plex at $250 a door or vice versa I would choose the situation that nets a better P&L.

Regarding the use of loans - I don't know if the $0 VA loan has PMI but if it does I would just factor that into the numbers for whatever you purchase with it.

If it doesn’t, then I would use that for the largest unit you plan to purchase and just make sure your monthly rent numbers are spot on - talk to local agents and use Rentometer, Craigslist and local investors to confirm what they say.

Good luck dude, Vegas is a cool area.

What is a VA Loan?

Originally posted by @Bart H.:
Originally posted by @Sam Shueh:

Dallas-Fort Worth, Chicago are far better than an oil town. The oil slump will impede growth of any town. Last time Midland, Houston etc I personally know investors got burned in commercial properties there.

 Houston is a lot more stable than Chicago.  Illinois is a hot mess.

Guys can we get a straight consensus I am really not understanding if either Chicago or Houston are good investment vehicles.  I already know chicago is a hot mess.

Isn't Dallas-Fortworth better than both of them. But what I hear frankly speaking is that Dallas is a bubble. Not like Toronto but still a little bit like a bubble people are saying.

@Sam Shueh well I am in Chicago and I am actively seeking to move to Dallas. Is that move worth it? I think Dallas has more scope than Chicago.

Both cases I don’t necessarily mean the city, like suburbs surrounding the city are more desirable to me in general.

Dallas has more potential than Chicago? That’s what I hear everywhere. Every statistic points to that.

And Houston is that dependent on oil??? There is a diversity there too right??

@Sam Shueh do you believe Dallas Texas is a diverse enough marker. Say compared to Houston which feels more like an oil town.

@Stephan Kraus real estate doesn’t seem to be your full time endeavor. You must be yanking down cash in other businesses to supply this business. So tell me. How does one do that? Are you handling that? How does one keep those other businesses competitive when they take out cash to purchase real estate.

Please I been wanting to do similar stuff.

@Dennis M. Hey man can you break it down what you are saying a little more clearly???

So rents increase for apartments. But you believe rents will depress for single family according to your logic.

@Stephan Kraus what’s a sin city? Why would someone invest in such a place? A lot of crime etc? Is there a investment strategy I am missing?

@Wy Kay

But is there an advantage to moving in right now? I mean holding my cash and sitting like a ***** makes no sense to me. But then again it might also be smart even if it’s not the sexy thing to do. What would you do if you got cash and you just edging to do something good. Isn’t there way to deploy the cash now and get liquid again right before the impending storm.