All Forum Posts by: Fernando David

Jonathan if you’re in the Fort Lauderdale área give me a call 9549311484 and I can help you out. 

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $240,000
Cash invested: $60,000

3/2 SFR on a lake.

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

This property is an up and coming neighborhood that is seeing property value raise by 8.7% per year. In addition, it was being sold below market.

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

Driving for dollars

How did you finance this deal?

Conventional load

What was the outcome?

this property provided me with a 25% cash on cash ROI and equity of %75,000.00

Investment Info:

Single-family residence buy & hold investment in Fort Lauderdale.

Purchase price: $280,000
Cash invested: $40,000

4/3 single family home

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

cash flow and appreciation

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

I found this deal on the MLS and negotiated the deal with the sell's agent

How did you finance this deal?

Conventional loan

How did you add value to the deal?

My knowledge and experience helped me recognize that is property was listed below market value. In addition, I realized that there was a lot of room for force appreciation.

What was the outcome?

This deal provided me with the following: Cash on Cash ROI of 65% and ARV of $362,000.00

If you're in need of a property management company in the Fort Lauderdale area that specializes in residence properties, give us a call.  

I'm looking to buy SFR or rent SFR to covert as vacation rentals in the Fort Lauderdale Area. If you're a whole seller or own a SFR are willing to rent to me so I can AirBNB it send me a message.

Hi Jean,

I would like to attend this meetup.  Is there a specific beverage that you like me to bring?  And I'm coming from Fort Lauderdale so please text me if this event gets canceled.  My cell number is 954-931-1484.  Thank you 

Investment Info:

Large multi-family (5+ units) buy & hold investment in Davie.

Purchase price: $720,000
Cash invested: $144,000

Purchased a portfolio that consisted of one 3/3, one 3/2, two 1/1, one studio.

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

The location, force appreciation, appreciation, and cash flow. If I flip it today I can profit 182K.

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

Found it while driving for dollars

How did you finance this deal?

Conventional

How did you add value to the deal?

Having a vision for the property (very distress property) and a team that repaired the property in a timely and cost saving manner.

Richard has provided great information and as a realtor, investor, and property management company owner, I agree with Richard. Downtown Miami condos are not ideal for vacation rentals because of the cost, HOA rules and regs, and city code. Broward County is much more vacation rental friendly and cost effective.

PMI Premium Services and PMI Travel are full time short term and vacation rental property management company. PMI Premium Services is based in Fort Lauderdale but PMI Travel is a national company. Should you need more information please give me a call or direct message me.

Greetings,

I'm rehabbing three units, (two 700 sqft studios and one  1050 sqft 1 bedroom) and I was wondering if I should use tile or laminate flooring. Per sqft laminate is less expansive and I can get a nice "look" with the laminate but is it durable enough for a rental?  Any suggestion will be greatly appreciated. Thank you.