All Forum Posts by: Marco Fiore

Like previously said, it depends on how much money you put down. The higher the DP, the better the chance you have at cash flowing. 25% down is the norm. If thats the case, cash flow will be primarily in the D + C areas. You can cashflow in B areas but it takes about 3-6 months to get that property up to its full potential. This is due to low rents / vacancies. Many of these owners have their properties paid off. So, they would rather have low rents than any vacancies. 

 Hello Steve, great to have you here in the BP world! This is a great platform to meet other investors, realtors, lenders, etc. that can help build a team around you. I just shot you a message! Looking forward to our conversation. 

Hello Jake! I don't have any experience in Louisville but have you ever thought about the Cincinnati market? If you want to hear more, lets connect!

Cincinnati is known for their low overall sale prices and strong rent yield which will bring on cash flow. Cincinnati's growth is something to speak on as well. So much demand from out of state investors drive the prices up for 2-4 units. Appreciation is there!

Hello David and welcome to BP! The first thing I would do is find a investor friendly agent. They have a great team already built around them through their experience. This includes PM's, inspectors, lenders, GC's, and all the subcontractors you need (electricians, HVAC, plumbing, etc.)

Would love to connect and talk more about investing in Cincinnati. Tons of opportunity for cash flow and appreciation (Cincinnati is GROWING). 

Many beginning investors like to start off with a SF and or duplex. The smart thing to do is house hack. You can put less money down (allows you to put money towards more properties), live in the unit for a year, add some light renovations, and refinance. You can pull that money out, rent out the entire property, then go to the next. This should allow you to invest in 2-3 properties within a year. Lets connect and speak more!

Welcome Anastasie to the best Real Estate investment platform there has to offer. Connecting with as many people can only help speed up your journey to where you want to end up. Would love to connect and speak more on investment opportunities in the Great Cincinnati Area!

The biggest challenge for being a great realtor is always generating leads and staying organized. Technology has been been a huge factor for both. 

CRM - A well managed CRM system can transcend your business to newer heights that you didn't know were possible. It allows you to stay organized and be steps ahead of where you would be without a system like this. Real Estate CRM software stores organized data about leads and customers, such as personal information, communication, and purchase history. It helps real estate agents to ensure the continuity of their relationship with leads and customers. 

AI - Machine learning capabilities can help you calculate market rents, find comparable properties, and identify lucrative investment opportunities. This advancement can separate yourself from other realtors in your area which is what every realtor is looking to do. 

Personal Videos - Sending personal videos to your client whether that'd be congratulating them on getting under contract or getting to closing is a great way to connect. It provides more engagement between you and your client. 

What are some of your strategies that help separate yourself from other realtors? Especially with all the changes in the last couple months.

More paperwork, but it will help weed out the unserious buyers. Most realtors should be excited for this transition. Could delay your business at first. But once you make this apart of your process, I feel it will transcend a lot of business!

Hello Malachi, we have connected before! Let's hope on a call to discuss certain criteria you are looking for! I have experience with BRRR's, buy n holds, and flips with clients all over the country!

 Couldn't agree more!