All Forum Posts by: Josue Escobar

Hi @Monika Haebich it seems like you're well connected. I would love the chance to network with you. Please reach out, thanks!

Hey @Anu G., I found this post and wanted to see if you had any success in finding a vacation rental property in South Florida? I'm a local property manager and would love to help with anything you may need. Thanks!

Hello John, In my experience, the best tool to complete a market analysis is the MLS. Work with your realtor to conduct these analyses as it is a very important step in determining value. You could also work a deal with a realtor to set you up as an "assistant" under their name and provide you with limited access to the MLS so you can conduct an analysis on your own whenever you want and simply pay them a one time fee. If not using the MLS, I guess you could use other sites like Zillow to see what's for sale and what's sold recently for a particular area. Good luck!

Blake Harper tried sending you a PM, not sure if it went through. Shoot me a message, I am in SFL trying to do a similar thing with the duplex.

Welcome @Samuel Carmichael! I am in the process of a similar deal (purchasing a duplex/triplex with an FHA loan in FL) and the answers so far have been accurate to my knowledge. The FHA loan limit does vary from state to state (for example $345k in FL), check with your lender. Please continue to post any questions you may have!

One question I have for anyone out there is if all units of a triplex are currently leased when I purchase, do the leases expire with the sale or am I obligated to wait until the leases expire to occupy the home? Also, how would this work considering the owner-occupy for at least a year obligation with the FHA loan?

Thanks @Tek Chai @Engelo Rumora. This helps clarify my questions!

 @Cedric Dadaille and @Adam Schooley - what are your methods to finding deals on multifamily units in SFL? I have access to the MLS and I browse a few other sites, but can you suggest any other methods? Currently looking at doing the FHA on a duplex or triplex, but the inventory is just not there! I appreciate your time!

As a learning investor, I frequently see ratings of neighborhoods, houses etc., but what does that really mean? Is it subjective? What are some tips to rate a neighborhood, house or anything else?

Newer to real estate investing and looking for a partner to work with on my first deal in SFL. Specifically looking to buy and hold a multi-family unit in which I would live in for a year. Contact me to further discuss!

Looking for properties (preferably multi-family) in Broward/Palm Beach counties. Please send to [email protected]

Thanks!