All Forum Posts by: Luis Maqueira
Luis Maqueira has started 13 posts and replied 224 times.
ok
The best time to buy is NOW.. when all the news focus on negativity. We buy cash flow, Cash we have capital. We are local only in South East Florida.
You have a deal let's JV let's grow... let the others worry about the future present is now. We are in Doral Florida open to chat, to learn about any deals.
Multifamily to 100 doors our market. Let's grow here in Bigger Pockets we welcome problem-properties value added is how you create equity and cash flow. Let the bank worry about interest high or low.
Luis M
cofounder on " I will buy 2023 a Multifamily"
Post: How to properly use a HELOC to help finance first investment property

- Posts 242
- Votes 74
Rodrigo
Heloc is the best tool you can use to put to work the equity in your home. But there are many things to consider. Heloc is going to be on first position or second to your actual Mortgage. What rate and terms do you have on the actual mortgage.
Pay it back never.... if you can leverage that capital as a 10% of a 100% investment why pay it back and keep on using it.
Give me a call to chat we buy multifamilies, I currently own 6 and all started levering my House equity.
You need to have a good knowledge in Real estate to invest. Since you are putting risk on your home.
Good luck
Post: How do I find a real estate loan sponsor?

- Posts 242
- Votes 74
WE have a team to buy Multifamily
We can be your sponsor DM to chat.
Luis M
Post: Looking to invest into Multifamily around South Florida

- Posts 242
- Votes 74
Hi Nicolas
We have a team we work together to analyze deals, find capital if need it. Our Motto is simple Buy a multifamily 2023.
We bought 3 this year so fare and 6 last year.
DM to chat
Good luck
Post: Advice on finding partners to enter real estate

- Posts 242
- Votes 74
That is why we are multifamily partners.
Let's chat and see if we have a fit.
I lean the hard way that getting into Real estate investing is not so easy.
But with the right group, you achieve more faster.
Where in BP there are great people to partner with.
Good luck,
Post: Florida Property Owners - Property Insurance | Comments please

- Posts 242
- Votes 74
That’s not to say the insurance situation in Florida is not a complete Cluster $%#@ though. But that is because the state failed to reign in frivolous lawsuits targeting the insurance industry.
by Randy
I agree 100%, strongest industries Insurance, Bank and casinos...
They have money they have the power...
You already have a business great idea. Invest in business first that will pay for you life and house.
26 year old you are young build wealth then you have the rest of your life to enjoy it.
Your house is an expense ...
Is like living in an apartment.
We promote investing in a Multifamily 2-4 unit using an FHA 3.5% down loan. That is an Asset also gives you cash flow to reinvest.
Keep being BP you will learn a lot about investing in real estate.
Good Luck
Post: First Multifamily Looking in South Florida

- Posts 242
- Votes 74
Find a local expert,
If you have the right team you have 50% advantage. My group buys and hold properties.
Invest mean do your homework no after you buy the property. Each city has is own ordinances from code and violations enforcement to yes Airbnb (short-term rental or not).
Then you need the best management company is the blood of you business. They should be able to provide rent and prevent maintenance.
Then you are ready to find properties but you need to know how to underwrite, don't expect a person to give you a deal. They just give you a list of properties to buy.
Good luck
you are in the best place to gather information Bigger Pockets,
Monica,
Many choices but if about what your lifestyle is and your future goals.
I love when people say Miami, do you know Miami city limits..... CoralGables, Maimi Beach is not Miami.
if you are in this chat I think you like to invest in Real Estate, talk to a 1031 exchange agent.
Buy an income-producing asset and rent a home a condo at the beach learn about Miami Dade County cities and lifestyle. Then you buy in the right neighborhood... Prices are not going up in the near future.
Good luck,
Post: Converting multi family to MTR and STR rentals

- Posts 242
- Votes 74
Mr Murray,
We are a team of three companies Construction Company, Management Company, and Asset acquisition department.
"
1. Building code/permits that relate to multi family investment and whether or not we are able to convert multi family acquisitions to STR's in our format (1 week to 3 months on average) and;
Luis : each city has different codes and regulation there is a lot of market research to do and learn.Here in bigger pockets, you can see a list of properties to buy. But the important part are diligence to do.
Do you currently one or manage any of this properties?
Regards,