All Forum Posts by: Duriel Taylor

@Bradley De comarmond

I am not a realtor however, I do see deals that are on public sites that are good deals, in the commercial space. Are you cash buyer, what cap rate are you looking for, are you willing to do a JV or lend funds privately? I look forward to hearing from you soon.

Albert Comas , I have experience in these markets. PM thus we can discussing numbers and your desired scope. I look forward to hearing from you soon. Regards,

@Jose Alonso and @Soumya Brijesh , I have a great CPA contact. He more so focuses on business-related services not only real estate but if he don't fit your exact needs I am sure he can refer you. I have been going to him for more than10 years for all my financial advising needs. His name is George Brito; search him online "brito & brito". You can mention I referred you. I hope this helps. Take care. 

@Cassidy Burns

I would say that here in South Florida the market is best for cash flow properties. However, I would say fourplexes or more, based on the rent rate some area demands. You can purchase a fourplex in pompano right now for 400k with no rehab needed and if its a 2/1 each unit suggest 1200 per month. I would say the market here is not ideal to purchase single family house and flip (unless at auctions) but fourplexes and above surely will help you with cash flow starting out. There are some investment groups down here that do joint ventures (rental property) as low as 5k with annual returns of 10-15%. I would highly advise to stay away from condos. Most conds down here will not allow you to rent within thr 1st year of purchase and more HOAs that will let you sub-lease, their monthly fees are too high. I hope this was informative. I would like to hear others thoughts on your topic. 

Regards, 

@Jean Pierre Viergutz, 

Congrats on the proactive approach with starting here to this site. This website has helped me and numerous others to our success in this business. Allow me to invite you into a small group of investors here in south florida (miami and broward). We are developing a meetup group and our main adjective is to spread our individual risk into large holding properties (5 plus units). If you are interested I would be more than honored to explain in detail. I look forward to hearing from you soon. 

Regards, 

Shawn, I live in the S.FLA market, I also know the north Miami well. Regards,

Greg S. Thank you for your feedback. I agree with you my plan has hurdles but the same could be said about Noah's ark. My will and desire for success will not allow me to see the hurdles. I am not naïve to the obstacles but I will try. Lastly, I will reconsider my numbers based on your suggestions. If you have any additional suggestions and or feedback please let me know. Enjoy your day. Regards,

@Mike S. ,

I was wondering could you help me with my funding needs? My investment scope, includes buying trailer/mobile/manufactured homes in South Florida then rent them to tenants. The max budget per trailer is 30k from private sellers. I would strive to purchase 12-15 trailers per month with 10-12% down to the seller(s) and or parks selling them. With my expenses being paid by the tenants; I will be able to create a six figure income for myself over a year time frame. I have years of experiences in buy and holding but not with trailers. If you have any suggestions please let me know. I look forward to hearing from you soon. 

Regards, 

Justin Jocewicz Thank you for your prompt feedback. I agree with you lot rent is the best way to go. However, that number will be higher than 20k plus that person(s) will not finance a deal based on the fact they under the value in owning land. I completely under the $1300 was a stretch but I was told by several people that's what they charge so I went with that number to see how much cash flow is possible. Once I create enough cash flow for a full year I will explore land/lot investment options. If you have any additional input and or advance please let me know. I look forward to eating from you soon. Take care and enjoy your day. Regards,

Rachel H. Thank you for your prompt feedback. I have a great contact that owns her own insurance company. She always insures my properties with the best rates. If you have additional input and or suggestions please keep them coming. Take care and enjoy your day. Regards,