Looking for investment in Miami

Member since 2023 · 2 posts · 0 votes

Hello

I'm kind of new to the investment even though I own two properties including my residence . I do have stable job ,saved cash and access to money as well

I would like to get some advice on how to connect with investor friendly realstate agent who also has investment. I will be using his service

All advice will be appreciated

and also if any one knows the next schedule for Miami real state investors meet up

Thx

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Investor-friendly agents in Miami, FL

See the agents BiggerPockets members work with in Miami, FL.

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Raymond J. RodriguesBusiness Member

Lender · Miami, FL · Member since 2017 · 1k+ posts · 797 votes

@Elizabeth Bobo reach out to @Malgorzata Sadowska. Also happy to answer lending related questions that you may have. I am also in Miami!

[email protected]619-456-8311

Helm Mortgage Corp.5126 Reviews

Website View Page

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Raymond J. RodriguesBusiness Member
Lender · Miami, FL · Member since 2017 · 1k+ posts · 797 votes
3y
@Elizabeth Bobo reach out to @Malgorzata Sadowska. Also happy to answer lending related questions that you may have. I am also in Miami!
[email protected]619-456-8311
Helm Mortgage Corp.5126 Reviews
Website View Page
1 Reply
Anaim Murcia
Specialist · Port Richey · Member since 2019 · 54 posts · 12 votes
3y
Quote from @Elizabeth Bobo:

Hello
I'm kind of new to the investment even though I own two properties including my residence . I do have stable job ,saved cash and access to money as well
I would like to get some advice on how to connect with investor friendly realstate agent who also has investment. I will be using his service
All advice will be appreciated
and also if any one knows the next schedule for Miami real state investors meet up
Thx

Multifamily is more favorable and is easier than you may think.
0 Reply
Luis Maqueira
Rental Property Investor · Miami · Member since 2022 · 247 posts · 75 votes
3y
Hi
Investing is great when done right. Active investing requires research, you need a team. Fliping houses look great but you need to find the deal, rehab fast and at an efficient price. Then sell for the right price. Or buy and hold passive income and sell at the best moment.
Team deal finder, realtor, title company, fiancing group, GC jobs need permits, realtor to sale.
Simple and clear then you make 30% to 50% profits.
Read, join investor meeting and keep being here Bigger Pockets
Luis Maqueira
0 Reply
Joe Biscaha
Realtor · Miami, FL · Member since 2019 · 46 posts · 22 votes
3y
Hi @Elizabeth Bobo, welcome!! You're in the right place this is where I started when I was new. Now I'm a full time agent and have been working in Miami for 4 years now.

First, do your research and look for agents who have experience working with investors and a solid track record in the location you're looking at. You can check their online profiles and reviews to get an idea of their expertise and services.

If you have any other questions or want to discuss further don't hesitate to reach out. Happy to assist you any way I can.

Joe
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Alli Breighner
Lender · San Diego, CA · Member since 2022 · 587 posts · 298 votes
3y
Hey Elizabeth, welcome to the BP community!
Feel free to reach out if you'd like to discuss your real estate goals, I'd love to get the ball rolling for your next investment.
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James Carlson
Real Estate Agent · Colorado | stan.store/JamesCarlson · Member since 2014 · 2k+ posts · 2k+ votes
3y
@Adam Schooley
How are your medium-term rentals going in South Florida? We have a few in Denver and Colorado Springs (and my wife wrote a book about them, aptly named Erin's Guide to Midterm Rentals.) I'm always interested in how they're performing in different markets.
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Adam Schooley
Real Estate Agent · Fort Lauderdale, FL · Member since 2015 · 175 posts · 79 votes
3y
Quote from @James Carlson:

@Adam Schooley
How are your medium-term rentals going in South Florida? We have a few in Denver and Colorado Springs (and my wife wrote a book about them, aptly named Erin's Guide to Midterm Rentals.) I'm always interested in how they're performing in different markets.

The market is great for medium-term rentals down here. We have so many hospitals in very short proximity of each other. I'm actually working with a BP member who is trying to buy his second medium-term rental. I'm currently working on a fix and flip within a mile of a major hospital but now I'm thinking that I might BRRRR it and do the mid-term rental with it also.

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Sebastian Giraldo
REALTOR, Investor, and Rehab Expert · Miami Beach, FL · Member since 2015 · 196 posts · 74 votes
3y
@Adam Schooley I am also doing renovation on a 3plex. Which I originally though of renting long tem but i am also near a hospital the hollywood beach and restaurant bars. Hoping I can BRRR within the year although not sure. What LTV are you looking at on the refi?
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Adam Schooley
Real Estate Agent · Fort Lauderdale, FL · Member since 2015 · 175 posts · 79 votes
3y
Quote from @Sebastian Giraldo:

@Adam Schooley I am also doing renovation on a 3plex. Which I originally though of renting long tem but i am also near a hospital the hollywood beach and restaurant bars. Hoping I can BRRR within the year although not sure. What LTV are you looking at on the refi?

I'm looking at 75% LTV on this particular property. It is a single family home. The investor I'm working with is looking in the Hollywood area also.
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Hamp Lee IIIPro Member
Real Estate Agent · San Antonio, TX · Member since 2019 · 1k+ posts · 832 votes
3y
Welcome to BP!
Congrats on your real estate journey so far! Keep the momentum going!
I wish you all the best!
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