All Forum Posts by: Adam Schooley

Welcome to BP. @Jorge Rodriguez

Welcome @Malika Gibbs to BP. There are a lot of local agents and investors on BP.  I'm in Fort Lauderdale.  Let me know if I can help you in anyway. 

Welcome to BP @Sylvia Cordes. I'm an agent/investor out of Fort Lauderdale. Congrats on your success! This is a great community.  Lets connect sometime and talk real estate investments. 

Welcome to BP @Veery Durham. It's great that you and your husband are doing it together. 

@Jeffrey Wagner welcome to the BP community.  I would definitely keep your day job while investing part time.  I'm sure like most of us you have bills to pay every month.  You also look better on paper to potential lenders when you are ready to buy.  Since you like "buy and hold" read about "house hacking" is has worked very well for me.

@Manuel Naranjo the multifamily market in south Florida is very pricey and competitive.  Your best bet is to try to find a deal off market.  I picked up a nice duplex in Fort Lauderdale November of 2015 for a great deal off market. 

Welcome @Lisa Malservisi Cornillot this is a great place to learn. I'm an investor/agent in Fort Lauderdale. If you need any help let me know. 

Checking in.  I'm an investor and an agent here in the Fort Lauderdale area. I was born and raised right here in South Florida. I have experience in house hacking, multifamily, buy and hold, and flips.  I love talking real estate so If anyone wants to talk send me a PM. 

@Terrence Conley I'm an agent in Broward county.  I currently own two rental properties and should be purchasing my third by the end of the year.  I am born and raised right here in South Florida so I'm very familiar with the area. Send me a message with your contact info and we can discuss more about your criteria and goals. 

@Nicholas Moffett I just did the same scenario last year.  I bought a duplex with 5% down.  I kept my cash in the bank.  After I closed on the property and remodeled the kitchens and did some landscaping I was abled to refi the property because I had 20% equity and got rid of the pmi.  I believe you can refi after 6 months.  As far as the homesteading goes.  You will not get 100% of the exception because you only live in a part of the property and not the whole thing.  I received 50% homestead exception because it was a duplex and I lived in one side.  Check with the property appraiser in your county.