Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
New Member Introductions
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 almost 9 years ago on . Most recent reply

User Stats

11
Posts
4
Votes
Christian Barthelemy
  • Investor
  • Miami, FL
4
Votes |
11
Posts

Hello from Miami Florida!

Christian Barthelemy
  • Investor
  • Miami, FL
Posted

Greetings!! My name is Christian Barthélemy and along with my brother, Richard Barthélemy

We have owned a 8 unit multi family building for the past 17 years and within the past year, we decided to expand and begin doing rehabs and flips.

Currently, we are finishing up a light rehab for a home that we purchased in North Miami via our mailing campaigns. When we are done with the updating of the home, we will be looking at about a 13% cap rate.

Additionally, we are in the process of receiving the keys to a home that we purchased via auction all the way back in October! The former owner attempted to fight the sale multiple times to no avail and after 6 months, we should finally get the keys next week. This 3/2 2000sq ft home will be a complete rehab and we anticipate at least a 35% ROI when the project is complete.

We are always looking to buy and we look purchase from as far north as North Miami Beach to as far south as Homestead. We will take on rehabs and also properties with liens and violations. The most that we will look to tie up all in is about $250,000 and we seek a 30% return on investment.

We are looking forward to meeting and networking with like minded individuals here on BP!

Loading replies...