All Forum Posts by: Derek Carmichael
Derek Carmichael has started 0 posts and replied 16 times.
Post: How are people gathering comps?

- Orlando
- Posts 17
- Votes 3
Have you tried PropStream? This is a good option.
Post: Looking to diversify

- Orlando
- Posts 17
- Votes 3
Quote from @Roger Morales:
Quote from @Derek Carmichael:
Hey @Roger Morales,
We should connect. These cross my desk pretty often.
I may have a multi-family you might be interested in. The owner is out of the country for the next week but would love to connect you.
I think the best areas to consider in FL would be Orlando and Tampa for multi-family.
Hey Derek, I have some friends who suggested the Tampa area. Let's talk later this week about multi-families available.
I look forward to it! Text me
Post: Seasoned Real Estate Investor Looking for Value Add and Dist 10+ Multi Units

- Orlando
- Posts 17
- Votes 3
Keeping an eye out @Vicky Desalvo 👍🏾
Post: Architects leaning into do development + investment

- Orlando
- Posts 17
- Votes 3
Hey Jay,
Sounds great. We should connect!
Post: Purchasing a primary residence with insufficient capital to meet conforming limits.

- Orlando
- Posts 17
- Votes 3
Hey @Andrew Pryor,
You definitely have some options...I have an entire novel I could write here on ways to make this work. I don't have anything to sell you--I'm definitely down to talk through how you could possibly figure this out without 20% out of pocket.
D
Post: Investing/Living in Florida Part Time

- Orlando
- Posts 17
- Votes 3
The Sunshine State welcomes you! I'm also in the business of flipping, developing and wholesaling and am doing well in Orlando. There's so much opportunity here. I also have the down low on a few other markets if you ever want to chat.
Post: Looking to diversify

- Orlando
- Posts 17
- Votes 3
Hey @Roger Morales,
We should connect. These cross my desk pretty often.
I may have a multi-family you might be interested in. The owner is out of the country for the next week but would love to connect you.
I think the best areas to consider in FL would be Orlando and Tampa for multi-family.
Post: Rental Property #1

- Orlando
- Posts 17
- Votes 3
Nice. Congrats!
Post: Which financial metrics to use when deciding to keep or sell a rental

- Orlando
- Posts 17
- Votes 3
Hey @John Lubin,
Sounds like you're on the right track. It's really your preference... Personally, I would look at the equity and would let that be my deciding factor. If I had $100K or more of equity in a property and felt that the market could be plateau, I would take the capital and run.
I'm actually in FL also if you want to hop on a call and pow wow about it. Definitely a few more options to consider; like refi-ing and getting your cash out regardless.
More Success,
D
Post: First Seller Finance Deal.

- Orlando
- Posts 17
- Votes 3
Awesome—what a win. Love the consistency. Congrats!