Polo Vazquez- Real Estate

Real estate Agent, investor, flipper and property manager. ask me anything about real estate!

[Polo Vazquez- Real Estate @RealtorPolo]

@GrulkeLamonte It's all region dependant. Where I'm at, a good amount of worked have been kicked out of the country. Skilled labor is hard to find meaning the ones left are charging more than ever.

[Polo Vazquez- Real Estate @RealtorPolo]

@dig_deeper1 Well the thing is... X is paying 6% right now but that won't be the case forever....houses have a track record of appreciation

[Polo Vazquez- Real Estate @RealtorPolo]

@Endure2Thrive Oh yeah. O drive 70% of the time on it Now. But when I bought it it was trash. Had I traded in my car I would had lost out on it

[Polo Vazquez- Real Estate @RealtorPolo]

@themoviedadsc I used it for 3 windshields and about 5 chips and my payment doubled. When I tried to change insurances nobody would accept me. Worst part is, I was paying extra for glass coverage. Insurance is a scam

[Polo Vazquez- Real Estate @RealtorPolo]

@realMarkWygant @TKopelman 20 properties sound like a decent amount. Im surprised it wasn't enough. How many do you think is the magic number?

[Polo Vazquez- Real Estate @RealtorPolo]

Texas foreclosure activity is quietly heating up. 📊
​Statewide filings are hovering around ~4,200/month, with 1 in every ~3,065 housing units seeing a foreclosure filing.
​The primary pressure points:
• Surging property insurance premiums
• Tax burden adjustments
• Strained adjustable & DSCR debt
​Houston (Harris County) leads total volume, followed by Bexar and Dallas.
​As inventory loosens, off-market opportunities will show up for buyers who know how to solve distressed debt before the courthouse steps.
​Are you seeing more distressed deals in your market? 🧵👇
​#TexasRealEstate #RealEstateInvesting #Foreclosures #TexasHousing

[Amy Nixon @texasrunnerDFW]

Foreclosures are heating up in Texas in 2026, with 3 North Texas counties in the spotlight:

Collin
Tarrant
Denton

20,739 homes have gone into foreclosure in Texas in the first half of 2026

[Polo Vazquez- Real Estate @RealtorPolo]

@Reiwholesaler Bro has 8 rentals. It's he is doing better than most people. Let him have a little bit of a victory dance. Most people just have debt

[Polo Vazquez- Real Estate @RealtorPolo]

@Endure2Thrive In Texas, the problem is that the "fixed" mortgage payment is not really fixed. If we have a big storm, insurance doubles. If you home prices goes up, your property taxes increase. Slowly but surely, your mortgage payment creeps up.

[Polo Vazquez- Real Estate @RealtorPolo]

@nickgerli1 Prices in my region are having a correction. They haven't gone down much but just staying flatt while inflation is 4-5% is correction. Slow... But slow is good

[Nick Gerli @nickgerli1]

The reason the U.S. has a housing affordability crisis isn't because of mortgage rates.

Today's mortgage rate levels of around 6.5% as historically very normal.

With the long-term 136 year average at 6.4%.

Moreover, today's rates are way below where they were in the 1970s, 80s, and 90s, when mortgage rates were hovering near 10%.

Meaning that central issue with affordability today isn't mortgage rates.

Rather, it's prices.

Real home prices are 90% above long-term averages.

Indicating that housing has appreciated way faster than inflation and people's incomes.

Which is ultimately what is creating this four-year housing recession with record low demand.

Fix the price problem, and you fix affordability.

Check the most overvalued areas at: https://t.co/zlKe2138Ij.

[Polo Vazquez- Real Estate @RealtorPolo]

@GuyTalksFinance I bought my first home for $140k. Downpayment was $30k. Today it's worth $220k. My $30k are now $90k in equity. Plus I've paid down the mortgage by another $20k. Bonus: it's now rented and makes me money every month to

[Polo Vazquez- Real Estate @RealtorPolo]

@ChrisTwiggsPM Very interesting point.

[Chris - Property Management @ChrisTwiggsPM]

Property we were hired to manage earlier this year. Small multifamily

100% occupied but rents were 40% OVER market

I've said it ten's of times on this app...you do NOT want the tenants that are willing to over pay

Why don't they care how much the rent is?

Because they have no intention of paying it

Owner hired us because they weren't paying

After confirming the property could support market rents (I knew it could, I helped him buy the thing on a CFD) we got to work

Running good now

All in all, his pursuit of higher rents cost him $28,000 in unpaid rent, clean up, repairs, and attorney fees

[Polo Vazquez- Real Estate @RealtorPolo]

Most owners don’t lose money on bad markets. They lose money on:
​Lax tenant screening
​Delayed maintenance
​Outdated lease agreements
​Zero vacancy strategy
​Property management isn't an overhead expense—it’s portfolio insurance.

[Polo Vazquez- Real Estate @RealtorPolo]

This is happening way to often right now. People owe too much, with realtor and titles fees they have to price above market value to sell. So the property just sits there until it gets foreclosed. Funny enough... I sometimes see the property listed for more than the original price when listened by the bank

[Polo Vazquez- Real Estate @RealtorPolo]

In my experience, 80% of the reasons a tenant gives you for not paying rent are lies. They are either trying to get out of paying late fees or delaying you from starting the eviction process as long as possible. Always stick to your rules and procedures

[Polo Vazquez- Real Estate @RealtorPolo]

@dig_deeper1 This right here is why I have a high retention rate in my properties. I always ask prospects why they moving, about 25% of the time they says it's because the landlord doesn't ever fix anything

[Polo Vazquez- Real Estate @RealtorPolo]

@atxREpodcast I'm a realtor. What I always tell my clients is "you want to buy a house with a pool, not build it" it will cost you 50-60k to build a pool. The pool onlyincreases the value of the house by half that amount.