All Forum Posts by: Charlie Pioli

Hi all. I was looking for creative ideas how I can secure lending for this deal that came across recently. It's four modular homes located on 0.7 acre land, and I would be buying the homes and land together. I don't think it's technically permitted to have multiple homes on the agriculturally zoned land here in Orange County, FL, but it's grandfathered in is what my realtor told me. This is what is making it hard to find a commercial lender (this property is considered multifamily on the MLS).

I would prefer to avoid hard money lenders, or any rate above 10%. Any advice much appreciated!

I'm looking at this 0.9 acre parcel of vacant land across the street from me in Orlando, and brainstorming ways I could generate a minimum of $500/month cashflow from it to cover my financing. What are some creative ways that others have put their undeveloped land to use?

This parcel has no well, septic, or electrical hookup.

Hi. I live in East Orlando, and just purchased a home in August. I'm doing a House-Hack, and renting out the rooms to two others. I'm looking for an experienced CPA or somebody familiar with doing taxes for someone in my situation. I also have a W2 and trust. If you're affordable and skilled at what you do please message me! Thanks!

 It appears that you are a CPA. Would you be able to offer any referrals, or would you yourself be interested?  

Hi, I know it's a little early to be thinking of taxes, but my Aunt recommended I get a qualified CPA to guide me through all the tax deductions associated with renting out my house. I'm currently engaged in a House Hack, and want to educate myself on all the tax advantages/costs associated. Does anyone have recommendations for a good CPA or Tax Accountant in the Orlando, FL area who specializes in this type of thing? Any advice would be appreciated as well.

@Jeff Ashton

Hi. I'm based in East Orlando, and started my real estate investing journey a month ago by purchasing my first house hack. I've been exposed to the market long enough, where I definitely can provide you with some recommendations. If you're interested in getting coffee this long 3-day weekend let me know. Best, Charlie

My mom and her siblings inherited my grandparents' house and 40 acre farm outside of Salem, OR. It is currently occupied by my unstable Uncle who neglects it to the point that it is falling apart without any repairs being done. In order to preserve the house my mom and her other two siblings are hoping to buy him out to take full possession in order to renovate. Although, he might not be willing to sell his share, due to arrogance and pride.

The properties value is estimated in the 550K range, but I'm thinking from a cash-flow perspective. What are the potential cash-flow opportunities available with a rural Oregon farm that has grown Christmas Pine Trees in the past, and on what legal grounds can 3 partial owners remove a single partial owner from the premise in this case? Any advice would be much appreciated by me and my family.

I live in a fairly rural part of East Orlando, and was presented with the opportunity to buy a chunk of vacant land near my house. Since I'm always thinking cashflow, I'm considering buying a cheap mobile home or two to place on the land, and renting them out. I would appreciate people's insight into going mobile home rents? Value adds? Would it even be possible to put more than one mobile home on the same plot of land without being considered a mobile park? What are foreseeable issues? Better ideas what to do with the 1.5 acres of land etc. Thank you!

@Omar Khan thank you for answering my question so thoroughly. Although, I'll admit that I don't have the knowledge necessary to do a detailed job at those things that you mention. Do you know of any local meetups, or investor clubs that I can join to learn through osmosis and to network with like-minded folks? Otherwise, I'm just trying to read lots of material on real estate investing. 

Hi Shivam. I also own property in the UCF area. I think you're smart investing near the university since the rental market will always be strong coming from the students. If you're interested in meeting up for a coffee and expanding your network, drop me a message. There also could be an opportunity to work together.