All Forum Posts by: Daylen Fiallo

Hi Everyone,

Is anyone interested in a real estate professionals and investors meet up in Hialeah, FL?

Hi Josh,

Looking outside of your state or city will expand your opportunities. Or maybe consider house hack and live for free. Don't get discourage with the rate and the market situation. 

Hi Zach, I would go to a local commercial bank and get a DSCR loan.

Hi Ameyo, welcome to real estate.

Agree with all the comments. An LLC would keeps everything clean as related to the business transaction, plus you get the liability and tax benefits.

Hi @Suddha Talukdar, welcome to the community.

Hi Tony, 

I am in the same page, I feel that the policies have gotten more expenasive.

Hi @Alyssa Aleman, I would contact and message companies through LinkedIn. 

How much did you rent it for?

Hi Munya, I would get a multi family for Section 8 as you can have more sources of rental income rather than just one. Section 8 is given to the tenants and it depends on what the tenants qualify for. Example: You can rent one unit for $1,500, but if the tenant only qualifies for $1000, then Section 8 will only pay you $1,000 and the tenant has to come out of pocket for the other $500. This is how it works in my city and state. I suggest that you get more info on your local agencies.