All Forum Posts by: Florencia Cafure
Florencia Cafure has started 3 posts and replied 18 times.
Post: Things You Are Missing During Your Walk Through/Home Inspection
- Posts 18
- Votes 8
in my experience it has been the quality of the building which ended in flooding
Post: Townhomes and condos vs. stand alone single family?
- Posts 18
- Votes 8
Quote from @Russell Brazil:
Condos generally dont appreciate as well. But they are how I got my start largely.
It really depends on the area. I have been having a different experience
Quote from @Alfath Ahmed:
Quote from @Ali Saad:
Hi there!
I live in SoCal and it is extremely difficult to find any cash flowing properties. I'm interested in investing out of state, my criteria is:
- $80-120k purchase price (will go up to $200k if needed, but would rather have a lower purchase price and acquire more properties)
- Cash flow rental
- Pro landlord state
I'm not extremely picky on the area itself - I've done some research myself yet I can't pinpoint which market to enter. From what I've seen, it looks like the mid-west/south best fits my criteria. Does anyone have any recommendations on markets or advice on how they picked their market?
I would look into the Columbus market for it appreciation and cashflow. It's the Seattle of the midwest. We have Intel, Amazon, and Google's new data center coming to downtown Cbus. Most of my usually buy in areas like Old North, Old Town East/King Lincoln Bronze Ville, Merion Village, Driving Park, North Linden, Hungarian Village, Bexley, and North Hilltop.
I can send you a helpful neighborhood grade map that shows the different areas of Columbus.
Would you mind sharing me that too please?
Quote from @Travis Biziorek:
It's pretty easy to find cash flowing markets today simply because there aren't that many left.
Most are in the midwest, and you'll be looking at Ohio and Michigan for the most part.
I'm a bit north of you in the Central Coast and I invest heavily in Detroit. I have 12-doors there now kicking off something like $16,500/mo in gross rents with more than half of that net cash flow.
I'm a big believer in Detroit and all the revitalization that's happening. But I'm also biased at this point with my portfolio and investing activity there.
The most optimal play in that market is to buy something cash, do some light rehab, and then refi out. You'll recycle a lot more of your money that way and be able to scale much faster.
In which areas of detroit do you find this experience?
Post: How do you collect damages from a guest without getting a bad review? (airbnb)
- Posts 18
- Votes 8
make sure you explain everything to airbnb and have their support
Post: How do you collect damages from a guest without getting a bad review? (airbnb)
- Posts 18
- Votes 8
Hi, I had an airbnb property for 6 years. When ever this happens i would upload the pictures of the damages and report this to airbnb. If they put a bad review and it's unfair airbnb will support and delete it or even more they will block the possibility to leave a review.
Don't let them get away with this, they will do it again somewhere else
Thanks everybody,
Sorry if i wasn't clear enough, I am good with my Fico credit, not an issue on my score. Should i use my bank or should i try somewhere else ? Basically the approach should be to always go to your bank if the score is good or is it better to check somewhere else?
Post: Would like to welcome constructive criticism to our new listing ( Fort Lauderdale )
- Posts 18
- Votes 8
Quote from @Darnell Lockett:
Congrats on the listing @Willy Stadele. Looks great to me. I'm just curious as to how's the STR market here in Miami/Fort Lauderdale/West Palm Beach? I've been thinking about doing it as well.
I've been having the same doubts. i know some areas work really good like Brickle, Aventura area but not sure about the rest
Post: Would like to welcome constructive criticism to our new listing ( Fort Lauderdale )
- Posts 18
- Votes 8
HI I've done short term for 6 year in Orlando through Airbnb and have been superhost for most of the time, hopefully my feedback can help:
The look it's pretty nice so overall it a nice place to say. Some improvements that i would add
1_3rd picture should be the first, it helps see from inside out
2_ describe what people see in each picture
3_ Dress the table so people can imagine having dinner or beaksfast. no need for food but help people picture themselves in each picture
4_Replace the table for a bigger one
5_Get profesional photos , you can also add pictures at night next to the pool
6_ a Great description is key: describe what you have in the house,this is a bit poor at the moment. size of the bed, size of the TV, cable system, internet, fully kitchen, games. Is it prepare for kids? crab or something else is available?
check descriptions from super host and COPY :) and remember, people don't read, they are lazy so have to make this a but straight and not too long. feel free to contact me for any help,
Post: Looking for Brokers or local agent in Allapatah
- Posts 18
- Votes 8
HI, I am in the need of finding someone with experience in Allapatah so he/she can help me understand the potential price of a new construction ( duplex) in the area. Thanks