Rental Property Investor · Fort Lauderdale, FL · Member since 2018 · 40 posts · 7 votes
Hey BP investors in South Florida looking to take action into Real Estate investment? Get in touch. Let's network and meet up with other like minded people. Me and my team are reuniting weekly to discuss RE investment strategies and we are constantly building up teams together depending on your interests. Are you Wholesaler looking for cash buyers? Fix and Flip Investor? Leads? Creative Funding? Get in touch! I'm looking forward to building valuable relationships
Specialist · Fort Lauderdale, FL · Member since 2016 · 187 posts · 128 votes
8y
@Brent Byers There is no such thing as a "not good area to buy in" there are good investments and not good investments. Whether Fort Lauderdale is "good" depends on how you define "good" and what you are looking for. For example, if you are happy with a 7 cap and don't mind a D area, there is plenty of opportunity. If you want a B Class building at a 7 cap, not going to happen down here barring something special. Its all about clarity in your criteria and your model.
Rental Property Investor · Fort Lauderdale, FL · Member since 2018 · 40 posts · 7 votes
8y
Hey Eric, I'm using meetup dot com we've been meeting in nearby starbucks (Coconut Creeks) and at actual properties (Sunrise) that other investors are closing on for tours and networking. Do you go to a specific club DREIA or BREIA?
Hey Eddie, I'm looking into getting my first deal. Obviously this isn't a great market down here and I am interested in meeting up to see what other people are thinking. I'm in Fort Lauderdale, let me know when / where the next meeting is located. I'm looking for buy and hold multi-families, but down here I might be more interested in Air BNB rentals.
Rental Property Investor · Fort Lauderdale, FL · Member since 2018 · 40 posts · 7 votes
8y
Perfect Tim, we are also looking up north because over here is pretty tough although there is still a lot of investors making good money right here. I'm also looking into multi-family properties lets connect.
Specialist · Fort Lauderdale, FL · Member since 2016 · 187 posts · 128 votes
8y
No . I generally go to REIAs only when I know someone. Truthfully, I don’t see a lot down here from wholesalers that I work with that fits my criteria and when I lend, its usually different assets than what might be expected to be common at REIAs. If I know someone there I usually have a pretty good sense of what type of group it is. A lot of them are basically pitch fests rather than real networking and I don’t really care for the pitchfest (giving or getting)
Specialist · Fort Lauderdale, FL · Member since 2016 · 187 posts · 128 votes
8y
They all have their ups and downs. I would just say that if you go to one where you quickly get the vibe the organizer is trying to sell something (i.e. some kind of coaching or get rich quick whatever...) get out of there...meetups should be about networking, sharing opportunities etc...IMHO not about selling your fellow REIA members....if anyone disagrees I'd welcome the input
Real Estate Agent · North ONT, Ontario · Member since 2016 · 43 posts · 12 votes
8y
Earlier in this stream of comments it was mentioned that Fort Lauderdale is not a good location to invest I'm wondering why he would say that is it due to the price is being too high?
Hey BP investors in South Florida looking to take action into Real Estate investment? Get in touch. Let's network and meet up with other like minded people. Me and my team are reuniting weekly to discuss RE investment strategies and we are constantly building up teams together depending on your interests. Are you Wholesaler looking for cash buyers? Fix and Flip Investor? Leads? Creative Funding? Get in touch! I'm looking forward to building valuable relationships
Hey Eddie, Bigger Pockets is a great place to connect and network with people. South Florida is a strong area I am very excited about continued growth in the area! would love to connect.
Hi Eddie - im not in FL but I’m looking to buy there... lets connect and see if we can collaborate?
Florida is a great place to be invested in, I am very excited about the growth that has been coming into the Florida economy specifically in South Florida. Would love to connect!
Specialist · Fort Lauderdale, FL · Member since 2016 · 187 posts · 128 votes
8y
Inventory numbers are creeping up all over the place. I too love South Florida but beware of optimism based on past figures. Population growth has also slowed although its been helped by the influx of Puerto Ricans. All signs point to a bit of a tipping point in many markets....on the bright side, that may be a sign of a buyer's market for a change
Specialist · Fort Lauderdale, FL · Member since 2016 · 187 posts · 128 votes
8y
@Brent Byers There is no such thing as a "not good area to buy in" there are good investments and not good investments. Whether Fort Lauderdale is "good" depends on how you define "good" and what you are looking for. For example, if you are happy with a 7 cap and don't mind a D area, there is plenty of opportunity. If you want a B Class building at a 7 cap, not going to happen down here barring something special. Its all about clarity in your criteria and your model.
Real Estate Agent · South/Central Florida · Member since 2018 · 13 posts · 3 votes
8y
Hey @Eddie Gonzalez and everyone else. Im a Realtor in South Florida and would love to meetup and help also we are getting into investing also. Our firm does commercial as well for those that were asking about it.
Hollywood, FL · Member since 2017 · 3 posts · 1 vote
8y
@Eddie Gonzalez would love to attend and do some networking. Cashed out on our last flip in Miramar to focus on Ft Lauderdale, would love to get some thoughts, ideas and connections...
@Eddie Gonzalez would love to attend and do some networking. Cashed out on our last flip in Miramar to focus on Ft Lauderdale, would love to get some thoughts, ideas and connections...
Congratulations on your last flip. Attending some networking events is a great way to learn from others who have been in your shoes and get a further understanding of the industry.