All Forum Posts by: Vito Troiano
Vito Troiano has started 7 posts and replied 7 times.
Post: 421 Cross St/ Single Family

- Rental Property Investor
- Miami FL / Rockville Centre, NY
- Posts 7
- Votes 1
Post: 421 Cross St/ Single Family

- Rental Property Investor
- Miami FL / Rockville Centre, NY
- Posts 7
- Votes 1
Post: 421 cross st

- Rental Property Investor
- Miami FL / Rockville Centre, NY
- Posts 7
- Votes 1
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $408,000
Cash invested: $62,000
Single family home
Post: 1br Condo In Miami Beach, FL

- Rental Property Investor
- Miami FL / Rockville Centre, NY
- Posts 7
- Votes 1
Post: 1br Condo In Miami Beach, FL

- Rental Property Investor
- Miami FL / Rockville Centre, NY
- Posts 7
- Votes 1
Post: 1br Condo in Miami Beach

- Rental Property Investor
- Miami FL / Rockville Centre, NY
- Posts 7
- Votes 1
Investment Info:
Condo buy & hold investment.
Purchase price: $230,000
1br Condo in Miami Beach
What made you interested in investing in this type of deal?
Originally purchased to conduct short term rentals. It was one of the few buildings where the HOA allowed STR. It was doing well, about $1000- $1500 net profit/month depending on season. Now rented Long Term and barely breaking even.
Lessons learned? Challenges?
Lessons Learned: Don't buy an investment property and rely on STR to pay the bills

Post: Studio In a High Rise Condo in Brickell Miami, FL

- Rental Property Investor
- Miami FL / Rockville Centre, NY
- Posts 7
- Votes 1
Investment Info:
Condo buy & hold investment in Miami.
Purchase price: $225,000
Studio Apt in Brickell.
What made you interested in investing in this type of deal?
What made me interested was the location and price. Ton of high end construction going on in Brickell. Building is relatively affordable for the area and new.
Lessons learned? Challenges?
Lessons learned: HOAs are a huge pain
