All Forum Posts by: Andrew Davis

Hey @Kevin Brooks, welcome to BP and the Central Florida investing community.

I would definitely 2nd what @Mindy Jensen said, HOA's can kill your cash flow. In the Orlando market, they also tend not to appreciate very well.

Here are a few tips to help you get the most out of BP and kickstart your investing journey:

Start here. You'll get a wealth of REI knowledge and learn how to take full advantage of Bigger Pockets (including how to connect with other Orlando investors).

Listen to the podcasts , get active on the forums & set up key word alerts to be notified when people are discussing topics you're interested in. 

I'm an agent/investor here in Orlando, so reach out anytime.

I wish you all the best Kevin!

Hey @Lane Register, welcome to BP and the Central Florida investing community!

It sounds like you are a very accomplished individual, and your experience in construction and your education will serve you very well as an investor.

I was just having lunch with a friend/investor the other day, and we were lamenting the lack of quality residential contractors.  There is huge demand in the residential sector, both for investors and retail clients.

CFRI is a great place to start, so is GOREIA.

I would check out both if you've got the time.  The smaller county and focus groups are really great networking opportunities.

I just helped @Ryan Rupnarain buy a great rental in Clermont, he would be a good guy to connect with as well.

Also, here are a few tips to help you get the most out of BP:

Start here. You'll get a wealth of REI knowledge and learn how to take full advantage of Bigger Pockets (including how to connect with other Central Florida investors).

Listen to the podcasts , get active on the forums & set up key word alerts to be notified when people are discussing topics you're interested in. 

I'm an agent/investor based in Orlando, so reach out anytime.

I wish you all the best Lane!

Hey @Ron J., obviously all the Floridians have an opinion on where the best flips are found!

What I'm seeing in Central Florida, is that on the majority of REO's, they are basically pricing them at ARV - repairs.

Perfect example:  I'm looking at a buy and hold right now with a client.

Purchase price: $65k

Repairs: $30-35k

ARV: $115k at the most.

I'm not saying there aren't good deals to be had, but the good ones go really fast.

If you're serious about flipping, I would suggest connecting with a good wholesaler.

@Lucas Machado, @Yasmine Bisumber and @Account Closed's book on flipping houses:

http://get.biggerpockets.com/flippingbook/

I wish you all the best Ron.

Hey @Michael Strauch, welcome to BP and the Florida investing community!

Here are a few tips to help you get the most out of the site:

Start here. You'll get a wealth of REI knowledge and learn how to take full advantage of Bigger Pockets (including how to connect with other Florida investors).

Listen to the podcasts , get active on the forums & set up key word alerts to be notified when people are discussing topics you're interested in. 

I'd also suggest you connect with @Account Closed, he runs an excellent prop mgmt company out of Ft. Lauderdale.

I'm an agent/investor up in the Orlando area, but am down south quite often, so reach out anytime.

I wish you all the best Michael!

Hey @Jonathan G., welcome to BP and the Florida investing community!

Here are a few tips to help you get the most out of the site and kickstart your investing company:

Start here. You'll get a wealth of REI knowledge and learn how to take full advantage of Bigger Pockets (including how to connect with other Florida investors).

Listen to the podcasts , get active on the forums & set up key word alerts to be notified when people are discussing topics you're interested in. 

I'm an agent/investor in the Orlando area, so reach out anytime.

I wish you all the best!

@Matthew Spiers, anyone you could borrow it from?  How much are we talking about here?

I don't see why it would be an issue to raise the price a bit and roll the closing costs in.

Hey @Michael Acampora, welcome to BP and the Florida investing community!

A couple individuals you'll definitely want to connect with down there are @Account Closed, they all really know their stuff.

Here are a few tips to help you get the most out of BP:

Start here. You'll get a wealth of REI knowledge and learn how to take full advantage of Bigger Pockets (including how to connect with other Florida investors).

Listen to the podcasts , get active on the forums & set up key word alerts to be notified when people are discussing topics you're interested in. 

I'm an agent and investor up in the Orlando, but am down south quite often, so reach out anytime.

I wish you all the best Michael!

Hey @Juan Alzate, welcome to BP and the Florida investing community!

Great advice from @Linval T., @Lucas Machado & @Account Closed will both be great resources for you down there.

I'm an agent & investor in the Orlando area, so reach out anytime I can be of assistance.

I wish you all the best Juan!

Hey @Charlie DiLisio, in addition to @David Sicherman, there are a few people you'll want to connect with down there.

@Account Closed is an agent and investor around there.

I'm pretty sure Nick & Yasmine do a regular meet up.

Hope y'all can collaborate and do some BIG things!

Hey @David Reyes, welcome to BP and the Central Florida investing community!

Good for you for getting started at such a young age.  I would definitely recommend this particular podcast for you.  (All the podcasts are great btw)

https://www.biggerpockets.com/renewsblog/2015/10/0...

Here are a few more tips to help you get the most out of BP and kickstart your investing career:

Start here. You'll get a wealth of REI knowledge and learn how to take full advantage of Bigger Pockets (including how to connect with other Orlando investors).

Listen to the podcasts , get active on the forums & set up key word alerts to be notified when people are discussing topics you're interested in. 

I'm an agent & investor in the Winter Park area, so reach out anytime.

I wish you all the best David!