All Forum Posts by: Tony Delatorre

Im from Hot springs and currently have long term rentals, I know the market pretty well since being a local, it can definitely be a good str investment as it does have many attractions from historic downtown, national parks, magic springs, lakes and more but it seems like they are getting more strict on strs, may be best to look for properties already licensed or look just outside of city limits since no str permit is needed, I know long term rentals are killing it just due to low supply and heavy demand

 Awesome! I’d be happy to chat! Ill send you a PM

Hello BP community, My Name is Tony Delatorre, Currently living in south Florida, I own 2 LTR in hot springs, Ar that I go through a property management company with, I plan on self managing at the beginning of lease renewals, I am looking to connect with Investors, tax professionals, and also lawyers, also a couple questions

A little more about me- I am in the industry of blue collar, I work as a Journeyman Lineman for the IBEW, I build, maintain power lines with power company’s from transmission, distribution, substation, from maintenance, construction, natural disaster restoration and inspections, I have 10 years in the field

I bought my First property as a primary residence back in 2018 and turned it into a rental property in 2021, and cash flows about 200 with PM, but has about 100k in equity, I bought my second rental property in 2021 that cash flows 300 and has about 50k in equity

I currently do no have any consumer debt besides rent and mortgages, and currently keep my money in HYS accounts, and Roth IRA, and some investment accounts, I have about 85k cash

My goals coming into 2024, is obviously connect, educate, and learn from experienced real estate investors and also diversify my portfolio with multi family and str, also am in the process of starting my own commercial business using drones to inspect power lines for power company’s, and also plan to utilize it for real estate purposes such as surveying, insurance adjustments, photos, videos etc, if any lawyers want to connect, I do have questions on structuring a business in this field and in real estate. 

Also I just turned 30, any insight or wisdom from the BP community is always welcome

always looking to connect, meetup

Thanks have a blessed day y’all!