Experience with National Real Estate and/or Giovanni Fernandez?

Experience with National Real Estate and/or Giovanni Fernandez?

Bert NethercotPro Member
Investor · Parker, CO · Member since 2015 · 10 posts · 0 votes

Hi BP,

Does anyone have experience working with Giovanni Fernandez at National Real Estate in the Orlando market?  I am curious how they perform as a property management company.

Thank you

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Jay HinrichsBusiness Member
Real Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
10y

@Bert Nethercot  Very experienced operator.

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  • Investor · Richmond Hill, NY · Member since 2013 · 35 posts · 13 votes
    11y

    I have 2 homes in the greater Orlando area that I purchased through them into a SD-IRA. I only contact them through their website, and they've been very responsive, though not proactive in contacting me when a payment is late. I haven't had a problem with repairs, just normal stuff. I've had both homes for over 2 years and have had 1 tenant turnover, so 1 turnover charge and missed month of rent.

    Hope this helps.

  • Bert NethercotPro Member
    OP
    Investor · Parker, CO · Member since 2015 · 10 posts · 0 votes
    10y

    Thank you Christopher, I very much appreciate it.

    Bert

  • Investor · Brielle, NJ · Member since 2015 · 121 posts · 21 votes
    10y

    @Bert Nethercot  I just bought 4 properties with them so I can't give feedback about the management yet, but I met with Giovanni and he seems like a trustworthy person

  • Bert NethercotPro Member
    OP
    Investor · Parker, CO · Member since 2015 · 10 posts · 0 votes
    10y

    Thanks David.  I am very interested in your feedback on him and his company.  Are the properties you bought from him in Orlando?  I have five in Jacksonville with another provider, JWB, but am considering Orlando for additional purchases.  Thanks and good luck with the new properties!

  • Jay HinrichsBusiness Member
    Real Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
    10y

    @Bert Nethercot  Very experienced operator.

  • Bert NethercotPro Member
    OP
    Investor · Parker, CO · Member since 2015 · 10 posts · 0 votes
    10y

    Hi Jay,

    Just to clarify, are you referring to Giovanni or JWB as the very experienced operator?

    Thanks

  • Jay HinrichsBusiness Member
    Real Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
    10y

    @Bert Nethercot  I know Gio personally I know of JWB by reputation and have talked with them several times over the years.

    I was referring to Gio but I have heard nothing frankly except good things about JWB.. and any company that can land a big B2R loan like they did is up there in my books !!!

  • Bert NethercotPro Member
    OP
    Investor · Parker, CO · Member since 2015 · 10 posts · 0 votes
    10y

    Thanks for clarifying.  I would agree with you about JWB.  I have five properties with them, all purchased over the last six months, and so far the experience has been completely positive.

  • Investor · San Francisco, CA · Member since 2015 · 16 posts · 8 votes
    10y

     Hi Bert, did you end up purchasing  a property from National Real Estate? Thanks.

  • Investor · Richmond Hill, NY · Member since 2013 · 35 posts · 13 votes
    10y

    I'm still a customer of National Real Estate, and I'm still highly satisfied. You do have to stay on top of your investments. My leases had turned into month-to-month arrangements, so I contacted them entirely through the website (I prefer that over phone calls), had them re-up the lease with rent increases. I've only had one property turn since I've had them. I will use them again if I choose to invest in SFH in the Orlando region.

  • Bert NethercotPro Member
    OP
    Investor · Parker, CO · Member since 2015 · 10 posts · 0 votes
    10y

    Hi Christine,

    I have not yet purchased anything from National Real Estate but I have had several conversations and email exchanges with Giovanni and he has been nothing but helpful and professional.  Good luck!

  • Investor · San Francisco, CA · Member since 2015 · 16 posts · 8 votes
    10y

    Thank you, Bert.

  • Realtor · San Francisco, CA · Member since 2015 · 17 posts · 26 votes
    9y

    Hi Bert

    Did you end up buying a property with National real estate?

    I've been looking at their properties too but I was disappointed that their tax projection was much less than the one I can find on the county website..more than $1000/year difference which will affect the return% a lot. What's your experience with them if you don't mind sharing?

    thanks!!

  • Bert NethercotPro Member
    OP
    Investor · Parker, CO · Member since 2015 · 10 posts · 0 votes
    9y

    Hi Hanna,

    I have not purchased anything from National Real Estate at this point.  

    Bert

  • Denver, CO · Member since 2017 · 1 post · 0 votes
    9y

    Hi all,

    I am currently in the process of buying my first Property from Giovanni Fernandez ( National Real Estate ) in the Orlando ( DeLand, FL ) area, also signed a Property Management contract with them.

    Will update here soon with my experience.

    Cheers,

    David.

  • Investor/Realtor · Folsom, CA · Member since 2015 · 70 posts · 10 votes
    5y

    Hello

    I own property from this company since 2016 and for first couple years they were managing well, but the last several years there has been very poor communication and problems with managing tenants and major repairs.  I wondering if anyone else is still using them and what has your experience been lately?

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