All Forum Posts by: Account Closed

@Trent TibbittsI'd be happy to help, reach out when you're ready.

Hello @Gene Principato,

The best advice I can give someone new to investing is to try your best to meet as many people in the industry as people. It really is who you know.

Try to go to as many local REIA meeting and meet ups as possible! Networking online and offline is critical.

Lastly, don't be scared to ask questions! Knowledge is power and not knowing the right answers or the right way to maneuver around a situation can make a flip a flop.

We've been in business for over 25 years and if you have any questions don't hesitate to reach out!

Best of luck!

Hello @Steeve Roberts

The best advice I can give someone new to investing is to try your best to meet as many people in the industry as people. It really is who you know. 

Try to go to as many local REIA meeting and meet ups as possible! Miami has REIA meeting tonight actually in Biscayne.

Lastly, don't be scared to ask questions! Knowledge is power and not knowing the right answers or the right way to maneuver around a situation can make a flip a flop.

We've been in business for over 25 years and if you have any questions don't hesitate to reach out!

Best of luck 

Hello @AL Brown,

HOA is a big factor. If you have a hefty monthly HOA fee, it's off putting for lenders. Some requiring a year's worth of HOA to be placed at closing.

Hello @Alex Balan

When is comes to investing in areas that our out of reach, I feel there are two crucial elements. If you don't have access to the MLS in that area I would suggest you consult with one that is familiar with the area and ask what the turnover rate is. Ask what the average time properties in that area are on the market.

Also, the right property manager in CRITICAL. The wrong PM can cost you more than you can imagine.

@Emmett Dempsey I would only fix and flip. Finding a decent cap rate in south florida is not easy unless it's in a challenged area.

Hi @Michael Hylton

Welcome to BP, this is a great place to learn from experienced investors. We've been in the industry for over 25 years and would love to help you acquire deals. Feel free to reach out.

Hello @Trent Tibbitts

The key to this equation is a qualified property manager in the area. The wrong property manager could ruin the deal.

Hello William,

Congratulation on making the decision to move to Orlando! It's really a great area. When first starting in Real Estate, you're introduced to a lot of new concepts. Feel free to reach out if you have any questions.

We'd love to work with you on deals in the future.

Hello and welcome to BP @David Velazquez,

We are very happy to have you. BP is a great source to help you build a team RE professionals to help you reach your financial goals. 

A seasoned investor such as yourself can attest to the fact a great network professionals are crucial, I'm sure.

We'd love to talk with you and see if there is an opportunity together.