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Updated almost 7 years ago,
Phenomenal Deals in Miami Beach
Hi all,
I have come across some truly unique deals in Miami Beach that I would like to open up to anyone interested. Serious inquiries only, please.
My credentials:
Finance degrees from cornell and university of virginia; 5 years as credit analyst on wall street; 1 year in strategy consulting focusing on due diligence and finance. Close family friends of the famous recent ex Miami mayor Manny Diaz and well connected in south Florida real estate market.
https://en.wikipedia.org/wiki/Manny_Diaz_(Florida_...)
My vision:
Start a boutique hotel chain (eventually) using advanced data science to screen markets and select deals for maximum ROI.
My current state:
I have 6 units in NYC which have average reviews of 4.8 stars and have been an Airbnb host for years. I am in final stages on closing on a property in south beach, florida.
I am looking for partners/investors who are interested in letting me handle the 'dirty work' in getting all of the requirements in place for legal short term rentals in Miami Beach. There's a lot of restrictions and permits needed, but I have the necessary connections and have already identified a number of investment opportunities, which will generate very strong returns.
Deal 1: Wholesale deal for Turnkey Airbnb- $5k
I have access to a turnkey Airbnb in miami beach in one of the only buildings which legally allows short-term rentals. You would buy the fully furnished, well-performinf (4.8 stars overall on airbnb) property along with Property Management in place. Reservations already booked through April. It generated $60K in revenue in 2017 and I can consult with you for how to increase that to $70-75K in 2018. My forecasts have free cash flow at $2.5k/month.
Deal 2: 50/50 equity split on estate sale property in very unique and booming part of south beach. Buy, rehab, and airbnb model.
This one needs about $10-20K of work but would sell extremely cheap for the area due to the nature of the seller; motivated.
Deal 3: Lender willing to lend $50-100K for Deal 2 or for other properties which I've identified for Airbnb.
I have all of the relationships (lending, CPA, Attorney, banks, etc) in place to get these deals moving fast. These won't last.
Thank you and I look forward to working with you.
Noah