All Forum Posts by: Luis Maqueira

I kwow the community,

If you want to learn why, how and when  to  Flip or buy your first rental, they are best. 

If you are a Savy wholesaler and looking for deals,  not the place, is more like the community that produce they deals but they buy it with in the group. 

if you want knowledge data or have a service to offer great group. 

Luis M

Best software in Florida 

REiFax, all the information and tools you will ever need. 

from finding cash buyers, and absentee owners with more than XX% of equity to send offers. 

Any way Message me if you would like to chat to much info to 

Luis Maquiera  

The Takeaway
House hacking has been an adventure. I’ve learned about people, property management, and (most importantly) myself. Is it easy? No. Is it worth it? Absolutely. If you’re thinking about diving in, I say go for it—but maybe don’t start by living in a closet. Unless, of course, you’re into character-building experiences. 🌟

Great no move to Multifamily 

With the same skills you can manage a 1M fourplex

More independence when you grow your family

Start the journey to bill wealth  if you have a 350,000 at 6% your wealth per year 21000

with a 1M  your wealth 60,000 per year  3X

Buy a 350$ houses you need to have good credit great Income personal

Buy a 1M  Multifamily    (my unit 350$ same income)+ 2Unit rent is your income+ 3rd Unit rent is your Income .

Same only that your roommates don't live with you. And yes they pay 60% of your Mortgage.

Open to share ideas any time we have a free network to meet like-minded investors in Miami.

Luis Maqueira 

Local Investor club are very good In USA. 

I am from Uruguay US Market is different than Rio de la Plata. 

There is a meeting tomorrow Tuesday at 7:00 PM at Squadron Restaurant next to Miami Airport. Free and a very good place to network with Real Estate Investors. One of the partners is Argentinian.

Will send you a message. I think we can promote in this posting is only for Real estate questions. 

Luis Maquiera 

MMP

Seller financing is a negotiation and can be anything the two parties agree to. How much will you pay for the property? What loan terms will the seller accept? How much do they want down? Will they amortize your loan for 15 years or 30? Do they want a balloon payment at some point, or will they carry the loan forever? Will they accept pre-payments? 

By Nathan

Well said this is the easy part, and you do the negotiation you put the terms. 

what you need to know is 

At what price I am buying to be able to make money? 

What is my cost to rehab? very very important.  How are you financing the rehab if you don't have capital.?

buying, rehab and re-sale is a business.     It is not just buying a house for rental.  

So measure you risk,  and do it. Is the only way to learn, and look for advice from other fellow Investors.

Luis Maqueria MMP

My friend all it takes is a bad apple. 

if you are asking, you are lucky you have not gone through a bad experience-Evicion. 

Can cost YOU thousands of dollars and headaches.

yes run al person over 18 

Keep it going in

Luis Maqueira MMP

"Attend local investor meetings. Remember, the true mentor is you—it all depends on what you want to achieve and how fast you want to go. I’ve been attending a multifamily meeting for three years now. I see some people doing deals every month, while others are still learning after two years without taking the first step toward real estate investing.

Workshops can be helpful; they give you an overview, but then you're on your own. You could also pay $500 for a mentor who may not know your local market. They can guide you, but ultimately, it's up to you to make things happen."

Luis Maquiera MMP

"Ultimately, none of us has a crystal ball, we can only look at history.

Conversations like these have been going on since the dawn of man and will continue. The best time to buy real estate was 20 years ago. The second best time is today. Timing economic condutions has proven futile whether stocks, futures, or real estate."  Joshua Christensen

Let't make Money and build wealth the next 5 to 10 years.  30??  IA will be building, collecting rent & and taking us on virtual or real vacation. 

Love the question have to much to do now to think  in 30 years.  

Enjoy the ride

Luis Maqueira,

Looking for partners to keep building Portfolio. We own 12  units in the area. Are group is looking for investors to share strategies to buy to sell deals. The only bad thing I can say about Multifamily investing is why I didn't start earlier. 

And we all know the answer fear, lack of knowledge or experience,  don't know how to run the numbers, don't know loans, need a construction team.  And the least keeps growing  till you buy one... 

WE think differently lets buy today. NO tomorrow,  today  you need capital great lets find it here in Bigger pockets,  you need deals great lets check classified BP.  All you need is a like-minded team,  not someone selling seminars, webinars bla bla (great for information but not to take action.)   

Les connect lets do it 

Luis Maqueria Multifamily Parnert mindset

I am not selling this. Is a real sample of on in the market to buy today.  That we can work together.

There is a Meet up Today at 7:00 best Multifamily network in Miami. 

Is Free and 100% network no sales you network you do the sale by either asking for capital or bringing your deal to be sold. 

Check the Meet-up Events section the information is there.

See you there tonight

Luis Maquiera 

MMPartners