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All Forum Posts by: Carlos Zapata

Carlos Zapata has started 66 posts and replied 340 times.

Originally posted by @Juan Vargas:

Just curious to know approximately what % of your net worth you guys have invested towards multifamily vs any other asset class or business. 

0% on Multifamily now, but seeling part of my portfolio of SFH now, my goal is to buy a multifamily in 90 days

Post: Buying a section 8 tenanted rental - how do I get registered

Carlos ZapataPosted
  • Investor
  • Miami, FL
  • Posts 363
  • Votes 143
Originally posted by @Michelle D.:

@Carlos Zapata I missed 2 on the list - very comprehensive!  @Michelle Clark MD - yes I'm doing that on Monday.  Thx!

 Please keep us posted,  Renting to section 8 tenant is lucrative but be sure who are your tenants all the time, 

Post: Buying a section 8 tenanted rental - how do I get registered

Carlos ZapataPosted
  • Investor
  • Miami, FL
  • Posts 363
  • Votes 143

Check the lease, rental application, criminal record, eviction,  ask for how much housing is paying,  normally section 8 does not pay the 100% of the rent,  any security deposit, pet deposit?  number of occupants,   

Post: Buying a section 8 tenanted rental - how do I get registered

Carlos ZapataPosted
  • Investor
  • Miami, FL
  • Posts 363
  • Votes 143

@Michelle D. great,  Section 8 is good but do your due diligence for the property and the tenant,  I know, money is "coming for the housing authority"  but you need to know who are the tenants?   We have some rentals with section 8,  you need to call the housing authority, paperwork is easy, you can handle it no need for a PM to do so? also here in Miami you can have it under your name or an entity, 

Post: How many of you would do this deal?

Carlos ZapataPosted
  • Investor
  • Miami, FL
  • Posts 363
  • Votes 143

@Bobby Beard   Location is really important,  is the area growing?  also, when you buy a property, you do it you buy on the actual performance expecting that you will do better, base on the information you provided, I will not do it 

Post: $50,000 Profit Mobile Home Flip!

Carlos ZapataPosted
  • Investor
  • Miami, FL
  • Posts 363
  • Votes 143

@David Oldenburg    great deal, I am also a wholesaler and rehabber but never on MH,  I will love to see the actual numbers,   do you have some pics of the rehab? 

Post: Have you Seen this Hot 2/1 in Fort Lauderdale?!

Carlos ZapataPosted
  • Investor
  • Miami, FL
  • Posts 363
  • Votes 143

If you are looking for the perfect deal, you have found it with this great rental house in 1171 Indiana Ave, Fort Lauderdale! This home is a big 2/1 sitting in a massive lot, so if you want to renovate and expand for a new room it’s totally doable! It’s currently rented for $1200 with a lease expiring in February 2018, bringing in a good cash flow until then! It is in a very good neighborhood, close to shopping and restaurants, with easy going ways of transportation and it’s super close to some very good schools in Melrose Park! This is an amazing deal if you want a starter home, and in one of the best areas of Fort Lauderdale, such as Melrose Park! This house in 1171 Indiana Ave, Fort Lauderdale, can become your newest investment and it’s a very good one to end the year with!

The best part is all of what you can make with this kind of Real Estate deal in a hot market like the one in Fort Lauderdale, right now if you work with us, since here in Gator Property Ventures we offer you the best service for all of your Real Estate needs, and if you get this deal right now, you can get our help with your property management adventures! If you want further information on anything regarding to this deal or our company, you can always contact us right now to [email protected] or to the number (754) 307-6585.

Call/text us if you want a showing of the property and we can coordinate one at our earliest! It’s always good to have a great and ongoing conversation with everyone involved!

Post: Accountant Recommendations in Central Florida?

Carlos ZapataPosted
  • Investor
  • Miami, FL
  • Posts 363
  • Votes 143

Congratulations, you can contact @Ana Garcia for your accountant needs 

Originally posted by @Mark Crutcher:

I have a private lender who is loaning $80,000 at 4% interest paid back at $266 a month for six months with the $80,000 paid back at the end he's charging $800 origination fee is this a scam ?

 Too good to be true,  ask for referrals and do your due diligence first, 

Post: How much do you pay per lead generated from a website?

Carlos ZapataPosted
  • Investor
  • Miami, FL
  • Posts 363
  • Votes 143

I have done so but my response rate was low, now I am focussing on something that makes more for me