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All Forum Posts by: Gabriel Carrera

Gabriel Carrera has started 1 posts and replied 3 times.

Post: Duplex Sold in Miami

Gabriel CarreraPosted
  • Real Estate Agent
  • Miami
  • Posts 4
  • Votes 1

Thanks! @Rik Patel right by the boys and girls club on 32 ave.

Post: New to Real Estate in Miami

Gabriel CarreraPosted
  • Real Estate Agent
  • Miami
  • Posts 4
  • Votes 1

Hello Paula!  There's just so many places you can begin with. Have you already started practicing real estate and with what company? Many times there are teams that they have and are willing to train and mentor you. I would start with taking as many classes that our membership offers, so you can be proficient with the tools that we already have. 

Post: Duplex Sold in Miami

Gabriel CarreraPosted
  • Real Estate Agent
  • Miami
  • Posts 4
  • Votes 1

Investment Info:

Small multi-family (2-4 units) commercial investment investment.

Purchase price: $329,000
Cash invested: $30,000
Sale price: $471,000

This was a buy and hold property producing over 10% cap rate when purchased.

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

The rental market in Miami is high on demand and the location was ideal.

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

This deal was found by good old fashioned prospecting.

How did you finance this deal?

This deal was financed through a private lender.