All Forum Posts by: Carlos Julio

Any one have used this loan type in florida? 

Looking to do my first investment in cape coral with my partner.... my target investment is condo 70-100 k , any advice about the neighborhood, zip codes ? Or areas to focus?

I appreciate your help

My friend and I have a similar goal on developing a portfolio of real estate investments to give us financial freedom in 10-15 years. He lives outside US and I am in US . I already have a couple of properties that I am renting.

My questions to this group are:

-how do I structure the partnership if he is putting the money and I'll find the deal/run the business, can I have more than 1 option? If he is putting the cash upfront 95% and I would put only 5%? Any ideas to set it up that make sense for both of us?

-we both feel comfortable to use buy and hold strategy and occasionally BRRR to grow the portfolio (focus on equity groth)? Is this the correct strategy?

-if I don't have plan to use my credit history, is it more convenient to create a LLC?

- our market is florida, is this a good market for buy and hold?

@Wayne Brooks thanks. I guess I will plan based on your advice

@Rachel H. Thanks! I am starting learning the basics and I will try to connect with people that deals with property management in the area. Thanks again

@David Niles thanks , I will follow your advice

@Colleen F. Thanks for your response. Will follow your advice

I would like to develop a property management company in Florida and I would like to start making deals with family and related friends so they can invest and I can manage their properties. Reading i found i need to have a broker license in order to start property management company in Florida but I wonder if there is a short cut on that?? I have a potential deal of someone that wanted to invest but i won't be able to manage their property in the near term? Any ideas on how to get that business??