All Forum Posts by: Luke Balchaitis

Skip to content

Quick search links

Find an Agent Find a Lender Hard Money Lenders Podcast Books

Pick Markets

Market Finder - NEW PRO Picking a Market Workshop PRO Picking a Market Worksheet Top 100 Cash Flow Markets Market Insights - Sunbelt Region

Market finder

Pinpoint the best real estate market for your specific goals with expert recommendations and real-time data on appreciation, affordability, rent-to-price ratio, and more.

Pro membership

Get unlimited access to tools and resources that make it easier to find, analyze, and manage deals with confidence!

Find Deals

BiggerDeals NEW Off-Market Deal finding PRO Real Estate Syndications Investor-Friendly Agents Find Foreclosures Community Listings (FSBO) Business Directory

NEW! Find Cash-Flowing Deals Fast

Search nationwide listings with built-in cash flow analysis.

Invelo - off market deals

Scale your portfolio with off-market deals.

Calculators

Rental Property Calculator PRO Rehab Estimator PRO Rent Estimator PRO BRRRR PRO Fix & Flip PRO Short-Term Rental PRO Sell vs. Keep PRO Landlord Insurance Calculator by Steadily All Calculators

Rental property calculator

Is it a good deal? Run your numbers like a pro with this simple yet powerful calculator.

Run the Numbers

Rent estimator

Understand how much rental income you can expect based on recent reports and data for your specific property.

Plans & Pricing

Pro Membership Business Membership

Try PRO for 7 days completly free

Avoid mistakes and make informed decisions with Pro.

Start Free Trial

Grow your business

Promote your business on BiggerPockets and make quality connections with the right investors.

All Books

Best Sellers Browse All New Books & Pre-Orders Bundle & Save Books for Beginners

Flip your way to financial freedom

Scale your investment framework with this valuable guide to compounding real estate success.

Outsmart the short-term rental competition

Cash in on the exploding STR market with this must-have guide from expert Avery Carl.

×

Try Pro Features for Free

Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.

Followed Discussions Followed Categories Followed People Followed Locations

All Forum Categories

All Forum Categories

Followed Discussions

Followed Categories

Followed People

Followed Locations

Market News & Data

Market Trends & Data

Buying & Selling Real Estate

Out of State Investing

Real Estate News & Current Events

Real Estate Technology

Investor Mindset

General Info

General Real Estate Investing

BiggerPockets Exclusive PRO Area

BPCON

New Member Introductions

Questions About BiggerPockets & Official Site Announcements

Off Topic

Starting Out

Real Estate Success Stories

Real Estate Horror Stories

Real Estate Strategies

House Hacking

Commercial Real Estate Investing

BRRRR - Buy, Rehab, Rent, Refinance, Repeat

Mobile Home Park Investing

Innovative Strategies

Land & New Construction

Multi-Family and Apartment Investing

Wholesaling

Rehabbing & House Flipping

Short-Term & Vacation Rental Discussions presented by

Tax Liens & Mortgage Notes

Medium-Term Rentals

Buying & Selling Small Businesses

Outdoor Hospitality

Landlording & Rental Properties

General Landlording & Rental Properties

Managing Your Property

Marketing Your Property

Tenant Screening

First-Time Home Buyer

Real Estate Professionals

Mortgage Brokers & Lenders

Contractors

Real Estate Agent

Financial, Tax, & Legal

Personal Finance

Creative Real Estate Financing presented by

Private Lending & Conventional Mortgage Advice

Insurance

Tax, SDIRAs & Cost Segregation presented by

Foreclosures

1031 Exchanges presented by

Goals, Business Plans & Entities

Legal & Legislation

Real Estate Classifieds

Classifieds

Real Estate Events & Meetups

Reviews & Feedback

Ask About A Real Estate Company

Real Estate Deal Analysis & Advice

Guru, Book, & Course Reviews

Syndications & Passive Real Estate Investing

Luke Balchaitis has started 2 posts and replied 4 times.

Thank you for the prompt reply. The condo is located in Boca Pointe and in the El Viento section.

Any input is greatly appreciated.

0 Votes

Fort Lauderdale, Florida

0 Votes

Fort Lauderdale, Florida

First time buying a condo in Boca Raton and have some basic questions.

The community has been around for a while but trying to understand reserves (see attached).

Inside the master community, there are many subdivisions.

In addition, what else should I be asking or other documents requesting?

Thank you

0 Votes

Fort Lauderdale, Florida

Hello,

Currently in a single-family (150k left in mortgage) with current value of 500k. Thinking of selling and buying condo nearby for all cash 350-400k.

Then getting a new mortgage (50-75k down) for another 300k-350k unit nearby and renting it out.

Thoughts?

Who would you recommend reaching out to locally for suggestions/advice?

Real estate tax/accountant?

Boca/Palm Beach

Thank you

Rate this post positively

2 Votes