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Updated over 5 years ago,

User Stats

8
Posts
0
Votes
Juan Francisco Martinez De Castro Green
  • Rental Property Investor
  • FLORIDA
0
Votes |
8
Posts

my firt´s buy at orlando

Juan Francisco Martinez De Castro Green
  • Rental Property Investor
  • FLORIDA
Posted

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $95,000
Cash invested: $95,000

3 bedrooms apartment two bathrooms to rent and know the market

What made you interested in investing in this type of deal?

looking at the maket

How did you find this deal and how did you negotiate it?

visiting the city of orlando and analyzing the market, hoping to find some realtor who knew about the market and could earn from rents and surplus value

How did you finance this deal?

cash

How did you add value to the deal?

I met the market, I learned about florida contracts, I talked to lawyers, I created my first company, I learned accounting in USA. since I am a foreigner

What was the outcome?

got a good deal, great investment ready for more

Lessons learned? Challenges?

taxes, legal, finding property

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

yes i will recomend some off then, other´s never