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All Forum Posts by: Vivek Sapre

Vivek Sapre has started 2 posts and replied 27 times.

Post: Kansas City neighborhood recommendations

Vivek SaprePosted
  • Investor
  • San Mateo, CA
  • Posts 27
  • Votes 3

@Drew Mac. 

I would like to get more idea on those two areas. Would you like to connect with me for this? Thanks

Post: California vs. Texas

Vivek SaprePosted
  • Investor
  • San Mateo, CA
  • Posts 27
  • Votes 3

@Jay Hinrichs

ofcourse we need to run all the numbers but this was only in context of tax rate as I was going to walk away from TX only cos I was considering higher tax amount when it was not right. Many ppl from Cali won't know this is how taxes work in Tx since that is diff here and no1 tells us about this. 

Other numbers are equally important and rent and appreciate rate are major factors but that will change for every house/neighborhood anywhere in each state.

Thanks

Post: California vs. Texas

Vivek SaprePosted
  • Investor
  • San Mateo, CA
  • Posts 27
  • Votes 3

Initially I was also alarmed with the Tax Rates in Texas however I learnt that Texas is non disclosure state, so if your from Cali and you are trying to apply the tax rate on your sales price then you can go wrong on your calculations. Please check with your realtor before you consider the tax amount to determine cashflow.

Post: Need a 100% finance hard money lender. Is that realistic?

Vivek SaprePosted
  • Investor
  • San Mateo, CA
  • Posts 27
  • Votes 3

If we own the house 100%, is it possible to get a 80% loan like a new home buyers get at those low fixed rates. 

PS: I am not asking about home equity loans.

Thanks

Post: How to valuing the property for appreciation?

Vivek SaprePosted
  • Investor
  • San Mateo, CA
  • Posts 27
  • Votes 3

Thanks all,

I was looking at 

a property which has great appreciation but now the cashflow is negative( less than -200). Was debating what to do. Rents are going up so the cash flow will get better with time. 

2nd property which makes cashflow neutral need some work/repairs. Which I feel will block my money into it now which restricts ability to buy anything else. 

what you all suggest?

Post: Rental property value estimator for Austin/RR/CP areas?

Vivek SaprePosted
  • Investor
  • San Mateo, CA
  • Posts 27
  • Votes 3

I am really confused. When we look at the comps we can see 2500sqft house will earn $2700 in 78664.

But you talk to any property manager in that area and everyone says $2000 to 2400. 

I dont understand what is happening. There is no place to get any proper answer. Can someone help me. What rent should a 2500sqft house get in 78664 area. 

Also when u buy anything for appreciation howmuch cashflow is OK. Are people going with negative cashflow just for appreciation?

Post: How to valuing the property for appreciation?

Vivek SaprePosted
  • Investor
  • San Mateo, CA
  • Posts 27
  • Votes 3

@Nicholas

Thanks for your reply. All I wanted to known is when you buy a property for appreciation are people accepting negative cashflows? Or atleast have a break even cashflow?

We have model sheet for calculating cashflows is there anything for appreciation calculator? What are the things we consider? How is inflation accommodated in it? 

Post: How to valuing the property for appreciation?

Vivek SaprePosted
  • Investor
  • San Mateo, CA
  • Posts 27
  • Votes 3

Hi,

I want to get an idea from all those people who invest for appreciation on how do you guys calculate the worth of an investment.

What about current negative cashflows howmuch do you consider worth. Can you give some insight into this. 

do you have any worksheet to look at the calculations 

Till now I am only doing cash flow based investments so this will be helpful.

Thanks

Post: Rental property value estimator for Austin/RR/CP areas?

Vivek SaprePosted
  • Investor
  • San Mateo, CA
  • Posts 27
  • Votes 3

Thanks. Are all rentals listed on MLS. Some may only be listed on the property managers site.

Post: Austin Texas Rent to Price Ratios by Zip Code

Vivek SaprePosted
  • Investor
  • San Mateo, CA
  • Posts 27
  • Votes 3

Hi,

is this data still valid? How is zipcode 78664. Heard lot of things coming near the Dell Headquarters? 

How is the rent situation in this area?

Thanks