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All Forum Posts by: Carlos Zapata

Carlos Zapata has started 66 posts and replied 340 times.

Post: First deal done! First rent check in the bank!

Carlos ZapataPosted
  • Investor
  • Miami, FL
  • Posts 363
  • Votes 143

Congratulations @Denis R. great Job,  keep buying more properties for your portfolio 

Post: New member in Mobile, AL

Carlos ZapataPosted
  • Investor
  • Miami, FL
  • Posts 363
  • Votes 143

@Christian Abel   Welcome to the BPcomunity, before jumping to buy a property please spend some time reading books,  checking post and listening to the great podcast BP has it,  please feel free to ask anything  we all are here to help each other 

Post: Squatter on the property

Carlos ZapataPosted
  • Investor
  • Miami, FL
  • Posts 363
  • Votes 143

@Bianca G.   This may be a good deal, try to find out if you can get inside the house, if not,  you can still buy it,  call a Real Estate Attorney or a eviction company and find out the process and their fees,  also the state regulations for this situation,   it will be a good lesson to learn 

Post: For Sale Now! Property in Fort Lauderdale!

Carlos ZapataPosted
  • Investor
  • Miami, FL
  • Posts 363
  • Votes 143

If you’re looking for a great deal you have found it, this amazing property in 1201 NW 11 Pl. Fort Lauderdale is a great 3/2 and the best part is that it is in perfect condition, so it’s great for all of you who do turn key investments in Fort Lauderdale! This home has been upgraded to include a brand new kitchen, which was renovated and comes with appliances, a gorgeously painted inside and outside, and beautifully done baths and bedrooms. The outdoors of this amazing property are just as perfect, as it boasts a spacious backyard and a large front yard! It can be rented for $1600 per month, so your cash flow and return of investment is secure in there!

The best part is all of what you can make with this kind of Real Estate deal in a hot market like the one in Fort Lauderdale!
If you want further information you can always contact us right now to [email protected] or to the number (754) 307-6585.
Call/text us if you want a showing of the property.

Post: When do wholesalers collect their fee?

Carlos ZapataPosted
  • Investor
  • Miami, FL
  • Posts 363
  • Votes 143

@Shantelle Pace   We do collect the wholesale fee at closing, are you planning to do a double closing or assign the contract? 

Post: Price Drop in Melrose Deal! (Florida)

Carlos ZapataPosted
  • Investor
  • Miami, FL
  • Posts 363
  • Votes 143

If you are looking for the perfect deal, you have found it with this great rental house in 1171 Indiana Ave, Fort Lauderdale! This home is a big 2/1 sitting in a massive lot, so if you want to renovate and expand for a new room it’s totally doable! It’s currently rented for $1200 with a lease expiring in February 2018, bringing in a good cash flow until then! It is in a very good neighborhood, close to shopping and restaurants, with easy going ways of transportation and it’s super close to some very good schools in Melrose Park! This is an amazing deal if you want a starter home, and in one of the best areas of Fort Lauderdale, such as Melrose Park! This house in 1171 Indiana Ave, Fort Lauderdale, can become your newest investment and it’s a very good one to end the year with!

The best part is all of what you can make with this kind of Real Estate deal in a hot market like the one in Fort Lauderdale, right now if you work with us, since here in Gator Property Ventures we offer you the best service for all of your Real Estate needs, and if you get this deal right now, you can get our help with your property management adventures! If you want further information on anything regarding to this deal or our company, you can always contact us right now to [email protected] or to the number (754) 307-6585.

Post: I am Interviewing Brokers

Carlos ZapataPosted
  • Investor
  • Miami, FL
  • Posts 363
  • Votes 143

@Tycee Tyler   before interviewing a Broker,  you need to find out what type of properties you want to be involved in,  Residential, commercial, ,  short rental, and them go first with the one with more education,  you need to learn the business first before negotiating your split 

Post: Which comes first, property or llc?

Carlos ZapataPosted
  • Investor
  • Miami, FL
  • Posts 363
  • Votes 143

@Pj Smitherman You can get contract on your name if you find a great deal and you are not ready but be sure the contract is assignable,  you will close it under your company name,  normally I use Wyoming to open my LLCs

Post: SOLD! $45,000 profit to start the New Year.

Carlos ZapataPosted
  • Investor
  • Miami, FL
  • Posts 363
  • Votes 143
Originally posted by @Omid A.:

Hey BP,

I've yet to post any of my projects on here and they happen to be my favorite type of posts to see from other members so I figured I'd share one. This is a flip in Tigard, Oregon (suburb of Portland) that just officially closed today. I bought it in August for $262,000.00, put about $60-65k into it (still need to tally up the final numbers) and sold for $410,000.00.  At the time of purchasing this property, I was running a little low on capital so I funded 100% of purchase price plus most of the rehab costs so my holding costs are slightly higher than usual. 

Unfortunately, this is one I don't have the before photos for but we did new windows, garage doors, fencing, refinished the hardwoods throughout, completely updated the kitchen and both full bathrooms, all new doors and millwork, all new fixtures, new carpet, new furnace & water heater, and the list goes on. The project took about 8 weeks from start to finish so it was a relatively quick one.

The deal was brought to me by a wholesaler in the area and he made out nice with a 5-figure assignment fee as well. :) 

 Great Job,  thanks for sharing,  you make me think about rehabbing properties again 

Post: RE license for wholesaling? Y or N?

Carlos ZapataPosted
  • Investor
  • Miami, FL
  • Posts 363
  • Votes 143

@Manuel Rodriguez   Hope the best on your wholesaling business, I do have license,  from my point of view, it is a good advantage because you can offer your side of the commission to the listing agent if  you are buying a great deal, but I have a lot of f=collegues that have no license and still doing great