Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Classifieds
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 9 months ago on . Most recent reply

User Stats

1
Posts
1
Votes
Denys Gonchar
  • Investor
  • Coconut Creek, FL
1
Votes |
1
Posts

New RE Investor looking to connect with South Florida professionals and investors

Denys Gonchar
  • Investor
  • Coconut Creek, FL
Posted

Good day everyone, 

I'm a 34 year old entrepreneur and accredited investor, looking to start building wealth through acquisition of residential properties. 

My real estate knowledge is limited to a purchase of my primary SFH, facilitating a full remodel side-by-side with a GC, as well as countless hours of BiggerPockets educational material.

As far as my investing strategy, I'd like to focus on BRRRR. LTR if CoC is at least 10%. Otherwise, STR. Rinse, repeat and scale.

Down the road, I'd like to shift focus to multifamily 5+ units but as a newbie don't feel comfortable investing $1M+ of my funds in the same building.

Currently, my main challenges are identifying a market and finding a mentor:

-Market: It seems to be rather difficult to find cash-flowing LTR properties in the South Florida market, so most likely I'd have to focus on long-distance investing or local and STR. I'm open to both as long as it meets my requirements.

-Mentor: I'd like to find or perhaps even hire a seasoned RE investor to mentor me through my first few properties as well as help establish a team. The good news is that I love constructive feedback, have a healthy risk-tolerance, and I've allocated roughly $800K liquid cash to leverage and purchase properties.

I quickly realize that its a networking business, so I'm looking forward to connecting with professionals and experienced investors locally and online. :)

Best,

Denys

Most Popular Reply

User Stats

8
Posts
3
Votes
Julien Pierre
  • Real Estate Agent
  • Miami Gardens, FL
3
Votes |
8
Posts
Julien Pierre
  • Real Estate Agent
  • Miami Gardens, FL
Replied

Hello Denys, 

I am an agent for an investment brokerage located in Ft. Lauderdale, FL named Aurumys. We contract 3-5 distressed properties per week in the tri-counties of Dade/Broward/Palm Beach. We get single family, condo, and some multi-family properties. I'm looking serious buyers such as yourself and connect with you. So, when new properties are released you will be the first to know! Please contact me via email [email protected].

Thank you!

Loading replies...