All Forum Posts by: Daryl Correia

I'm a full time investor and realtor. I created a platform for Real Estate Investors and businesses that provide a product or service for Investors. I think of it like Realtor.com or Zillow.com for investors. Our site is just about done and it's open for our Pre-Launch Registration. Investor can join for FREE. We are actively getting companies to subscribe and post properties. 

What we need now is Investors. If your looking to grow your business or find more properties Quixsale will be your #1 go to platform.

Not only will you be able to find your next investment property but you will also be able to search our business directory to find business professionals to help you in your day to day operations as well as grow your business. This is an open platform and encourage everyone to form business relationships.

Register today at www.quixsale.net

Any questions please feel free to message me on here, email: [email protected] or call 772-584-2510

Thank you,
Daryl

Hi all, 

As a fulltime investor over the last 5 years I always had a hard time to find properties. I've tried finding a site to help with this and yes I found a few but it was time consuming, most times you couldn't get the info about the property unless you requested it then your getting calls/texts and emails. Now I get texts/emails from properties in areas where I don't invest in and half the time I would  forget which site a property I saw was on.

I just wanted a platform that provided me listings, gave me all the information needed and a contact ionformation

I wanted a zillow or realtor.com for real estate investors or MLS system . So I decided to create one and I have, it's called quixsale

Not only will you be able to buy and sell properties but you will also have a business directory to find professionals to help you with your project and grow your business. So you'll find Lenders, Insurance companies, contractors, lawyers, title companies, Investor friendly Realtors and so much more!

You will also have to ability to post and find Podcast, News articles, Networking events and more.

We have our Pre-Launch Registration open now and plan to have the site 100% ready by the 6th of May. 

Were still working on some programing issues with out Pre-Registration but I invite you to come check it out and register.

We have a Promo going on now which you will see when you first visit the page, However if you send email to [email protected]  I will do something Special for BP members.

So come and check it out, provide some feedback, register. Please remember this is a new platform starting at ZERO. We do have a few wholesalers that will be posting properties over the next couple of weeks and we also have business partners registered, we are working on getting the business directory programmed and once completed they will get uploaded to there category under the Business directory. All members will be listed in the Directory.

VISIT NOW: quixsale.net

Thank you and appreciate your help to make Quixsale the number 1 platform for all real estate investing.

Daryl

 You should have plenty of money. I know you can now get a 5% down mortgage for investment properties. Do you have a broker you can call.

Make it happen. You got this. Also a DSCR mortgage may work also.

Welcome all real estate professionals, let me introduce you to Quixsale.

Quixsale will be your #1 go to place for all your real estate investing needs. Whether your looking to buy, sell, get funding, insurance, property management, contractors', CPA's, Title companies and so much more. Plus other features such as Podcast, business directory and more to grow your business.

We are putting together a Pre-Registration list now and will provide you with a special promotion discount off our regular subscription price. Regular subscription pricing will be $79 per month with no contract, month to month only. No credit card needed to Pre-Register.

If you would like more information send email to:

[email protected]

To pre-register and get special promotion discount send email to:

[email protected] and we will send you pre-launch pricing

Take action now! We can't wait for our launch!

Daryl Correia

I would use hard money or private money should you find a property that you could add value and raise rents. Once you finish updating and get the place occupied with higher rents then you should be able to refi.

If you don't have enough cash on hand maybe JV with someone.

Another thing, it never hurts to ask if the seller would be willing to finance it for you. I bought my mixed use property with seller financing. 

If you find a good deal you should try everything you can to buy it, even if it means partnering with someone. You know the saying 100% of nothing is nothing.

Welcome all real estate professionals, let me introduce you to Quixsale. 

Quixsale will be your #1 go to place for all your real estate investing needs. Whether your looking to buy, sell, get funding, insurance, property management, contractors', CPA's, Title companies and so much more. 

We are putting together a Pre-Registration list now and will provide you with a special promotion discount off our regular subscription price. Regular subscription pricing will be $79 per month with no contract, month to month only. No credit card needed to Pre-Register. 

If you would like more information send email to:

[email protected] 

To pre-register and get special promotion discount send to email to: 

[email protected] and we will send you pre-launch pricing

Take action now! We can't wait for our launch!

Daryl Correia

Investment Info:

Other commercial investment investment.

Purchase price: $1,240,000
Cash invested: $50,000
Sale price: $1,631,700

Mixed use property. Free standing commercial space and quadplex. Started converting quadplex from annual rentals to vacation rentals. Finished 2 of the 4 units and active on AIRBNB and VRBO. Started 3rd unit and sold to another investor and staying on as a property manager.

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

Location and owner financing made this deal a no brainer

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

For sale by owner sign out front of the property. No negotiation at all, I liked the price and terms the owner provided to me

How did you finance this deal?

Owner finance and OPM for down payment

How did you add value to the deal?

Due to the location of the property and season rental opportunity I switched from annual rental to vacation rental. Income with the 2 apartments that I finished went from $12,000 annually to $42,000 annually per apartment.

What was the outcome?

Sold to another investor for a profit of $280K+

Lessons learned? Challenges?

Don't get emotional or attached to property. I made mistakes and it costed me money

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

Not on this deal

 I get alot of deals from wholesalers daily, my problem is the margins aren't big enough, with the carrying cost and cost of materials it's driven my expenses much higher. In the past $30K - $40K would cover a good size rehab and now its costing me closer to $60k plus the extra time getting materials due to supply chain.