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All Forum Posts by: Filip Vaco

Filip Vaco has started 9 posts and replied 17 times.

Post: Running a Background Check

Filip VacoPosted
  • Investor
  • Killeen, TX
  • Posts 17
  • Votes 4

Ok, thank you!

Post: Running a Background Check

Filip VacoPosted
  • Investor
  • Killeen, TX
  • Posts 17
  • Votes 4

I will be running a background check for some applicants for the first time and I was wondering what resources you use to do that?

Post: Property Management Killeen/Fort Hood Area

Filip VacoPosted
  • Investor
  • Killeen, TX
  • Posts 17
  • Votes 4

Anyone know of any good property management in Killeen/Fort Hood area? (TX)

I just need a one time service of finding a tenant and perhaps more business in the future.

Post: My First fourplex investment property

Filip VacoPosted
  • Investor
  • Killeen, TX
  • Posts 17
  • Votes 4

Hi, so i'm about to to buy my first property with the VA loan. It's a fourplex. One unit is already rented and 3 are vacant. I'm going to move into one of the vacant ones and need help renting the other two. Could someone provide me with some resources or books where i could learn how to do that? How to manage the property as a lanlord of a fourplex which i as well occupy? How to get tenats etc. I know there are books about renting but I'm more focus on renting out a fourplex which i live in and how does that play out living next to tenants.

Post: VA Loan Funding Fee Question

Filip VacoPosted
  • Investor
  • Killeen, TX
  • Posts 17
  • Votes 4

Question about the VA Loan funding fee. Can it be added into the loan?

Post: Condo, Myrtle Beach, SC

Filip VacoPosted
  • Investor
  • Killeen, TX
  • Posts 17
  • Votes 4

Just wondering if anyone has a buy and hold investment condo in Myrtle Beach, SC.
I'm looking for some insights and reviews.

Thanks! 

Post: First Deal, Need help!!

Filip VacoPosted
  • Investor
  • Killeen, TX
  • Posts 17
  • Votes 4

Ok, thanks a lot guys. I've done some more research and I can see that timeshares are really bad investment, if i can even manage to call it an investment...

But thanks for clarifying what timeshare is. Honestly, i never really heared of it and I actually though it was a condo he's selling. But now I know better. 

Post: First Deal, Need help!!

Filip VacoPosted
  • Investor
  • Killeen, TX
  • Posts 17
  • Votes 4

Yes, actually I believe it's a timeshare. He's asking 13k for it, it's worth about 30k. 

Why is that bad to invest in timeshare? I guess it's not an actual property right,.. But I think I can still rent it out. 

Post: First Deal, Need help!!

Filip VacoPosted
  • Investor
  • Killeen, TX
  • Posts 17
  • Votes 4

Ok, so I'm about to get into my first real estate deal. 

It's a share of Sheraton broadway plantation villas. It's 2 bed 2 bath condo. With $700 annual fees.  The trick is, it's not actual property but more so a share. Which means, that share could be used on requesting any room at that resort, even at the same resort locating at different places around the US.

My question is, does anyone have any experience investing in this kind of real estate? I'm still not quite sure how this would work with renting it out.  Is it like choosing a location and room and then getting assign guests/tenant? 

All help and support appreciated. I'm suppose to go sign the contract tomorrow.

And also, should I bring a contract my self or just leave it up to the seller? Being sold by owner. 

Post: Suggestion to getting a good deal book?

Filip VacoPosted
  • Investor
  • Killeen, TX
  • Posts 17
  • Votes 4

Hi everyone,

I'm looking for a good book that focuses on negotiating a good deal, finding motivated sellers, and interpersonal skills in obtaing a great deal.

Can anyone provide any good references to this?

Thanks.