All Forum Posts by: Ian Morales
Ian Morales has started 7 posts and replied 21 times.
Post: Looking for a rockstar real state agent in the southern area of Puerto Rico
- New to Real Estate
- Puerto Rico
- Posts 22
- Votes 7
What is going on BP,
Anyone here knows a solid agent in the south of Puerto Rico? I am a Recruiter for the Marine Corps, and I recently got assigned to the office of Ponce. I want to use my VA loan to potentially get a small multifamily.
Thank you in advance!!
Post: Looking for rockstars referrals in Southern Florida
- New to Real Estate
- Puerto Rico
- Posts 22
- Votes 7
My name is Ian Morales, and I am an active-duty Marine currently stationed in California. I am relocating to Southern Florida around March/April to serve as a recruiter at the South Dade Recruiting Station in Miami.
I am planning to purchase my first property and aim to take advantage of the VA Loan and Basic Allowance for Housing (BAH) benefits to make this possible. To ensure a smooth process, I am seeking a referral to high-performing real estate agents with experience assisting military members in navigating this journey.
Attached to this message is a link detailing the basic criteria for the type of property I am looking for.
Thank you in advance for your assistance and support!
https://docs.google.com/document/d/1ioCnimIhcM9DoY2Z_uWVUL1H...
Post: Building a team
- New to Real Estate
- Puerto Rico
- Posts 22
- Votes 7
Thank @Samuel Diouf !
Post: Building a team
- New to Real Estate
- Puerto Rico
- Posts 22
- Votes 7
Thank you for your insights @Travis Main ! I will definitely take them into consideration.
-Ian
Post: Building a team
- New to Real Estate
- Puerto Rico
- Posts 22
- Votes 7
Quote from @Scott Trench:
Ian,
This is a pretty well thought out plan. Much better than most. A few suggestions/thoughts:
- Ask your agent to provide you recent sales (last 12 months) of deals that would have met your criteria, starting with deals they were the broker on. This is the one question I’d add to your otherwise strong list of interview questions.
- Doubling the penny every year for 5 years is really tough and really risky if it’s not your full time job. Make sure that’s really what you want.
- PR and Florida are good markets. Florida will have a rough go if it in 2024 and 2025, but may emerge smiling in 2026 and beyond. Make sure to look into supply, insurance, taxes, etc. if you invest there. In PR, understand the locals disposition to OOS investors, even those fluent in Spanish like yourself (or so I gather from Spanish language interview questions).
No harm in beginning the interview process with both lender and agent today. You’ll need both and interviewing all at once has advantages. You can reach out to a few lenders and a few agents in both markets under the “build your team” section of the navigation bar anytime. Today is a great day to get going.
@Scott Trench Thank you for your insights, this will help me adjust and take action.
-Ian Morales
Post: Building a team
- New to Real Estate
- Puerto Rico
- Posts 22
- Votes 7
Hi BP !
What would you consider be the first member of your core 4 you interview?
- A lender that can connect you with a potential rock star agent or other core 4 members.
- An agent that will potentially have the connections and introduce you to potencial core 4 members.
I will appreciate your responses, currently I am developing guides from BP resources to prepare myself to interview and build a team. I will attach the links for the guides and look for any recommendations. If you are in the same boat like me, feel free to grab the guides and use them to your benefit. In addition, I included my plan strategy in the attachments. If you have a time and check it out, let me know what you think. 🤙
Thank you for your time !
-Ian A. Morales
Post: Building a team
- New to Real Estate
- Puerto Rico
- Posts 22
- Votes 7
Hi BP !
What would you consider be the first member of your core 4 you interview?
- A lender that can connect you with a potential rock star agent or other core 4 members.
- An agent that will potentially have the connections and introduce you to potencial core 4 members.
I will appreciate your responses, currently I am developing guides from BP resources to prepare myself to interview and build a team. I will attach the links for the guides and look for any recommendations. If you are in the same boat like me, feel free to grab the guides and use them to your benefit. In addition, I included my plan strategy in the attachments. If you have a time and check it out, let me know what you think. 🤙
Thank you for your time !
-Ian A. Morales
Post: 📺 FREE Registration open for FIRST-EVER 2024 Live Virtual Summit! 🎉
- New to Real Estate
- Puerto Rico
- Posts 22
- Votes 7
Thank you! Super exited for this I just sing up.
Post: Buy before or after deployment.
- New to Real Estate
- Puerto Rico
- Posts 22
- Votes 7
Quote from @Doug Spence:
@Ian Morales Heck yeah! It sounds like PR and FL definitely make sense for you as investing locations.
I'm not sure if you'll be in the area on September 22nd, but we're doing a local real estate meetup down in San Diego. Its all military folks (current and vets) that do real estate in some capacity. You should come down and hang out! 5pm at Deft Brewing on Banks St. Theres no pitching or sales presentation - just folks chatting real estate.
Thank you for your time!
Post: Buy before or after deployment.
- New to Real Estate
- Puerto Rico
- Posts 22
- Votes 7
Quote from @Fred Morris:
Be patient there are always new opportunities for real estate. You can't completely avoid risk, but you can do your best to minimize them. When your stable and you know the market that's when you can start making moves.
Thank you for the advice!