All Forum Posts by: Luis Maqueira

 We are looking at 75K on 1300 sqft, but still there is all the financial Cost. if you are borrowing on a  construction loan. Draw fees and monthly interest will add up. 

Luis M  MiamiMultifamilyPartners

Let’s Connect!
I run a boutique investor-focused brokerage. I’ve held my license for over 15 years, though I only worked as a traditional realtor for 2–3 years in the middle of my career. The majority of my experience has been in wholesaling, buying, fixing, and flipping houses—and now I specialize in multifamily properties.

Our culture is simple: commissions are just a job, but investing builds wealth.

If you share that vision, I’d love to connect and explore opportunities.

Luis M MMP

Local Meetup is the best place to meet active investors.

Yesterday we went to the Miami Multifamily group event at the squadron restaurant, great network environment.  They share insights on how to raise capital, from Meta-Facebook to co-living investing as Project BBRCo-living.  Great cash flow, great experience to your next step in Multifamily buying.   They meet every 2 weeks Tuesday.  The info is on the event in bigger pocket. 

But DM and we meet in November, I am always looking to connect with investors.

Luis Maqueira MMP

We manage  8 co-living.  

I can refer you to a co-living savvy constructor.  "Not all contractors speak investor language"..

If you are new, consider consulting with someone who can advise you on your business. 

Co-living, short-term rental or Airbnb are not the same thing. 

Text me if you want to chat.

Luis M 

MiamiMultifamilyPartners
 

Hi Mr. Drew,

We’re a wholesaler group, but before we make any recommendations, I’d like to ask:
What does a good wholesaler look like to you?
That way, we can better understand what you're looking for and guide you to the right one.

I agree with Nick — it’s the deal that matters more than the wholesaler.

When I sell houses, people often ask, “Who’s the bank?” I always say, “Don’t worry, I work with the worst bank possible — hopefully they go out of business and cancel your loan!” 

the point is: it's not about who holds the debt — it’s about the numbers.

Same with wholesalers. If you're expecting an amazing deal — $50K to $90K below value, smooth process, and a $5K assignment fee — Not easy to find you get what you pay for.

 Build a relationship with the wholesaler.
Tell them what you need to make money. Go through the numbers together. That’s how you create a consistent pipeline of good deals.

You mentioned you've been in the business since 2010, so you know the game.
the deal is just the 30%  — it’s how you buy it, finance it, rehab it (time and cost) — that’s where the profit is made.

At the end of the day, it’s all about cash-on-cash results.

Best regards,

Angela, 

I have the same situation in Fortlauderdale,  I am researching the section 8  posibility. Let's talk and share opinions. 

Luis Maqueira

The name of the game is cash flow.
If your rental income doesn’t cover your expenses—especially high property taxes, insurance, or ongoing repairs—you’re in trouble.
It doesn’t matter how much equity you have; if the property isn’t cash flowing, you may be forced to sell… or the bank will do it for you.

Most landlords sell because of two main issues:

• Problems with the property (maintenance, repairs, location)

• Problems with the tenants (non-payment, turnover, management headaches)

For many, selling becomes a retirement strategy—or a way out of a bad situation.

Go to the networks available on you area there listed on the events page. 

You will meet many like-minded investors 

good Job keep going is the path to wealth 

Luis Maqueira MMP

very two Tuesdadys  best Multifamily & Wholesaler network. 

Squadron Restaurant  next to Miami Arirport. 

You will find details here In the events Section

See you there

Best place is to go to local investors events check classified events. 

but Education is not free  

Look for groups doing it ask how you can help them. 

There is great information here ... No you need to take Action 

Luis Maqueira