All Forum Posts by: Ziad Hamati

That question will require an essay to answer every part of your question :) 

With stocks, you mostly gamble on appreciation. Keeping it short here. Dividends give you cash flow but usually very little.

With Real Estate, you make money 4 ways:

- Appreciation (forced vs natural). Forced is when you add value. Natural is your market appreciation.

- Tax Benefits: building deprecation, cost segregation, write offs etc..

- Principal debt paydown: tenant paying off your loan.

- Cash flow.

Once the above are all added up, your true Rate Return will by far exceed your returns with stocks.

Now regarding the different type of real estate, that depends on a lot of factors and mostly on your financial goals and where are you in life today. Each of these have pros and cons. 

VA is for primary residence only.

You can live for a year and then turn it into a rental. You can live it in and rent other rooms..

Or else, if it is investment, then have to go conventional or Non QM depending on your financial situation. 

Lender here.

There is a one-time closing Contruction loan out there. It is a conventional loan product so must qualify for that.

It always you to finance up to 97% of the land and the construction loan with "one closing". 

Hello :)

There is definitely more out there, i was once in your shoes and now completely got out of corporate world.

I am a lender and investor from Houston, TX. I cannot recommend much about the areas in Dallas, but i can definitely offer my expertise as Mortgage Loan Officer, Investor and Short Term Rental host.

Feel free to reach out :)

Market determines what your operating expenses (property taxes, insurance..) and rental income would be.

Most important factor for a BRRRR is buying the right deal. Hiring the right contractor and having a good idea on what financing options you have after the seasoning period.

You would have to refinance if opportunity arises.

You can buy another property using FHA but it gets very tricky. Has to be 100 miles away. Generally, if your employer requests to relocate, then you can definitely do FHA. Or else, will be challenging.

Hello Sevag,

Whereabouts in Texas? I reside in Houston. My wife is a RE agent and I am a Mortgage Loan Officer. We are also real estate investors, own and manage Long Term & Sort Term Rentals. If this is the expertise you are looking for, please feel free to reach out:)

Hello Shawn,

Congratulations on going under contract.

I do not quite understand your question, but if you are asking how to increase cash flow:

1) Find out how much tenant is paying in rent.

2) Run a rental market comps and find out what is market rent.

3) If there is a difference between 1 & 2, then present that to the current tenant and offer them slightly below market rent if you would like to keep them rather then having your property sit on market for 30-45 days to get it rented. 

1) Not familiar with your market, but in Houston, there are townhomes where the bedroom on Ground Floor has a separate entrance. You can purchase the home as a primary and rent the room downstairs on Airbnb. Benefit of this is obviously the cash flow, but also you lock the door connected to the common space that way the guest does not access your kitchen/living space. 

2) Long term is always the end goal but in todays market tough to cash flow (again that changes market to market). STR market is also saturated so you need to differentiate your self and furnish the home nice. (Nice doesn't mean expensive ) Location is very important.

Let me if you are financing.

We finance up to 8 units residential.