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All Forum Posts by: Stuart Peret

Stuart Peret has started 3 posts and replied 7 times.

Also anyone with questions for the DFW area let me know - I am more than willing to field questions on this market. 

Hello All, 

I will be moving from the DFW area to San Antonio in January or February of 2018. Right now I am looking to replace a few investment properties that I have recently sold in Dallas as well as one SF residence for me personally. I am looking for someone that knows the market and can advise on different areas or has properties that they are looking to sell. I am a contractor and have multiple buy and holds and flips so I do not mind damaged properties or foreclosures. Honestly the worse shape the better most of the time. So any wholesalers, brokers, or other investors feel free to message me with deals, advise, etc...

Also, I will be traveling back and fourth soon so anyone that wants a free cup of coffee for their advice or to show me their property  PM to set something up at a local coffee shop. Looking to build a social network as well as a team in San Antonio asap. 

Post: Rental Property Investment in San Antonio

Stuart PeretPosted
  • Richardson, TX
  • Posts 10
  • Votes 1

I am moving from Dallas to SA very soon. Anyone selling (duplex-4plex preferred) properties feel free to PM me details as I will be looking to move into an investment while look for a single family that meets all my requirements. I am a contractor with multiple flips and buy and holds so damage or problems don't phase me. I am looking to acquire 4 units by the end of 2018 to replace the ones I have sold in the DFW area.  

Thanks for all the quick responses - I have decided to go ahead and try to get possession of the vehicle. The owner dropped off the map and I sent my first letter today to begin the lien process. If this works I'll write a how to after and post the letters and all the numbers etc.. Let's hope it is not too much trouble!

I bought a duplex about a month ago and have an abandonded 545I BMW in the garage .... I contacted the owner and he seems unable or unwilling to get his vehicle. I have been told to just have it towed but I was wondering if anyone has experiance filing a storage lien. Is it possible without actually owning a storage facility?

Thanks,

Stuart

Post: Intro - Hello BP and Dallas

Stuart PeretPosted
  • Richardson, TX
  • Posts 10
  • Votes 1

Sure - My unintentional flip was a great deal from a family friend. I guess it wasn't really a flip in the end more like getting paid for a rehab with free rent for a few months. They were tired of dealing with the property from 2 hours away and had been unlucky with some college students who had rented from them for a few semesters.

I got a small 2b/1ba neglected rental from some family friends at 65k at 5% for 15 year note with 0 down (great friends, I know). My plan was to rent out one room and rehab the property until I could find another deal, rent my room and move out.

I then got a job offer in Austin and needed the money back I spent in materials for the rehab so I could move ... I ended up transferring the house back to my friends rehabbed with good renters. I made $1500 and had 2 1/2 free months of rent.

Then the start up company I went to work for liquidated and sold off their contracts ... At that point I decided real estate seemed a better path for me. And I actually really enjoy rehabbing houses. It makes me feel accomplished, where as crunching spreadsheets in my cubicle always felt endless...

So there is my foray into RE

Post: Intro - Hello BP and Dallas

Stuart PeretPosted
  • Richardson, TX
  • Posts 10
  • Votes 1

Just joined BP after being an avid reader. Just want to say I've enjoyed the community so far and look forward to talking with more of you.

Just reaching out to any Dallas or Austin members that would like to meet up or get in contact. I find that surrounding myself with motivated people tends to make life more interesting.

Another random opportunity - Dallas BP dodgeball team? I have been wanting to set up a team and I cant think of a better reason to get together = )