All Forum Posts by: Carlos Zapata
Carlos Zapata has started 66 posts and replied 340 times.
Post: How many hours of sleep do you get?
- Investor
- Miami, FL
- Posts 363
- Votes 143
Normally 5 to 6, some days I do naps for 10 minutes, that really help me to bring my energy up a lot
Post: Real Estate Agent Advertising
- Investor
- Miami, FL
- Posts 363
- Votes 143
Originally posted by @TJ Peterkin:
I’m new to being an agent, and I was wondering how do you guys advertise or how did you gain the most leads (which lead to closings). What are some things you do now?
Hope the best on this beautiful business, I started as an agent long time ago, first I called my friends, family after i made some mone i move to do some advertising on /radio and newsletter, you always need to introduce yourself as an agent for now
Post: Costs of Wholesaling
- Investor
- Miami, FL
- Posts 363
- Votes 143
Investor Friendly will allow to an escrow deposit for multiple offers until you have one under contract, fees will be reduced for you, transactional funding for free, they know about double closing, assignable contract, Ask a wholesaler what is the company they are using, also you can start meeting some of them on your local REIAs
Post: Costs of Wholesaling
- Investor
- Miami, FL
- Posts 363
- Votes 143
@Kolten Astle Fist at all you need to find an investor-friendly title company, normally all of the cost are transferred to the end buyer,
Post: "Stupid" Mistakes Every Newbie Landlord Makes
- Investor
- Miami, FL
- Posts 363
- Votes 143
Originally posted by @Mindy Jensen:
Not screening properly.
Not running numbers correctly.
Not evicting in time.
I want your mistakes and your stories behind those mistakes!
Please share below.
Allowing a tenant pay me the deposit after moving in, this lady only was on my property for less than 3 months but after she left I spent more than 3k on the property, sometimes we believe on the people, I did it again with a worst end, now no money no home
Post: New Investor in Orlando, FL
- Investor
- Miami, FL
- Posts 363
- Votes 143
Welcome to the BP Comunity you will find great information on the BP forums, podcast, alerts, you can also go to the REIAs meeting near you, meet local investors, run some numbers before buying your first investment property, hope the best
Post: Hard money loan to the agent?
- Investor
- Miami, FL
- Posts 363
- Votes 143
what about the appraisal, origination fees, attorney fees, ask him to put 30 to 35% if this is the first time you are working with him, did you see the property?
Post: First time investor, is it a good deal?
- Investor
- Miami, FL
- Posts 363
- Votes 143
I Totally agreed with @Thomas S. are you still on your due diligence period? if yes you may renegotiate the price or some terms, of some deferred maintenance
Post: What would you do with 80k in DC
- Investor
- Miami, FL
- Posts 363
- Votes 143
@Sean Stewart Great idea, before investing any money, why don't you start meeting investors in your local DREIA, maybe you could be a private money investor before you buy your property,
Post: Been receiving mailers regarding cash offers on my home
- Investor
- Miami, FL
- Posts 363
- Votes 143
Originally posted by @Yeng Hawj:
I've received two mailers in the past week, and others in the past regarding cash offers at market value to buy my property with no hassle on my end. My question is, what is their strategy in trying to snatch up more property given housing prices are climbing high, and a correction in the market may be looming?
Those could be wholesalers but that is not bad, in this era, you can find almost all the information you want on the internet, I have been a wholesaler and also I have sold my properties to another wholesaler, o end buyers, everyone is important on the Real Estate world. also asking for 10% non-refundable deposit is out of mind, just think if you were going to send an offer to buy your next home with a 10% nonrefundable deposit? I don't think so