All Forum Posts by: George Munoz

 YOu will see a sign ,, Chill and real estate, also, Im easy to find.. The Brown guy with the White hair... :)

 Great feedback and advice ,,  Those two first steps are must of the time skipped and not even consider..  I do think it does apply more on the developing and scaling the businesses , that those  two need to really be nailed down .

The Chill and Real Estate Meetups is the ultimate destination for those looking to expand their network and knowledge in a relaxed and inclusive setting.
Our meetups focus on real estate and provide a platform for attendees to connect with like-minded individuals.
We gather as a community of real estate enthusiasts, supporting local businesses by dining and socializing at restaurants and bars, all while discussing the industry with openness and freedom.
Come, learn about how to create or start generational wealth with Real Estate and hang out with like minded people!

IG Follow...
HOST:
@chillandrealestate
@g.munozrivera1
@nancylizgentile

Special Guests:
@therealjoshwilson

This Month We will Focus on :

• Finding your why and purpose.
• What it takes to build an 7 figure portfolio
• Finding those deal.
• Building a team.
• Entrepreneurship.
• How to build a portfolio or Pure FUN!.
• Mindset, determination 
• Leadership
• Cautionary stories..

A serial of Entrepreneurs will be telling their story and blue print on how He Built his 8x Portfolio What does it take to make it !!

LOCATION: 125 N Riverside Dr, Pompano Beach, FL 33062 (Sand Harbor Hotel)

No pitch, no hidden agenda Just Chill and REAL ESTATE...

Happy hour from 7-9pm and open restaurant.

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $295,990
Cash invested: $60,000
Sale price: $409,000

What a rollercoaster ride! Dealing with nightmare sellers, including a dog left unattended for days, a break-in, and hidden foundation issues sounds like a real challenge. Not to mention dodging code enforcement for three whole months! On top of that, dealing with neighbor disputes among my workers was a bit tough. But hey, despite the bumps along the way, it all turned out well in the end. I managed to turn this chaotic situation into a nice house. Kudos to resilience and determination!

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

IT was challenging

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

We got it through our wholesale company ..

How did you finance this deal?

A combination of hard money and private money

How did you add value to the deal?

We HAD ( MUST) take down one bathroom that didn't make any sense and combine with another one and make it bigger. Then Take down a wall that will open up to a bathroom on a studio the previous owner made,, and reconfigured that bathroom . Fixed floor foundations and rehabbed intired home..

What was the outcome?

Came out pretty good

Lessons learned? Challenges?

Follow instinct that also go along with budget , if I have an instinct and i have the budget, DO IT , and don't be cheap .. in the long run it will make the house sell fast

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

no, I am licensed

 Bruh,, Not that FAR, GUARANTEE 1000% YOU AND CATA WILL LOVE The Speaker at the end of event ... you dont want to miss, he is a less brown mentee... 

The Chill and Real Estate Meetups is the ultimate destination for those looking to expand their network and knowledge in a relaxed and inclusive setting.
Our meetups focus on real estate and provide a platform for attendees to connect with like-minded individuals.
We gather as a community of real estate enthusiasts, supporting local businesses by dining and socializing at restaurants and bars, all while discussing the industry with openness and freedom.
Come, learn about how to create or start generational wealth with Real Estate and hang out with like minded people!

IG Follow...
HOST:
@chillandrealestate
@g.munozrivera1
@nancylizgentile

Special Guests:
@joseinspires
@saytoe
@akdamise
@nicholasfialdini

This Month We will Focus on :

• Finding your why and purpose.
• What it takes to build a wholesale and flipping business.
• Finding those deal.
• Building a team.
• Entrepreneurship.
• How to build a portfolio or Pure FUN!.
• Culture.
• Leadership
• Cautionary stories..

A serial of Entrepreneurs will be telling their story and blue print on how they built and are building their Real estate Business and along the way Honor and Tribute, Oliver Seidler, Celebrating the legacy...

LOCATION: 125 N Riverside Dr, Pompano Beach, FL 33062 (Sand Harbor Hotel)

No pitch, no hidden agenda Just Chill and REAL ESTATE...

Happy hour from 7-9pm and open restaurant.

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Buy the book Flip, By Nick Ruiz, For me best book on wholesaling 101.   I tells you the basic basic basic, and it also point out some cheap marketing options that will get you some inbound action ..   

2nd I am super bias with this cos in my years of experience I think the Fastest way to get results on wholesaling Is to work with someone that is already established in  your market. That topic is the most underrated subject  among the gurus..  

Working with a wholesaling company Benefits:
They will pay you to learn ( Basically)
Dont need to deal with Marketing , accounting , administration , etc, and you will get pay a portion of equity... 
On going training on negotiation and market understanding .. 
in some companies they make you get your RE license so , is a plus you could maybe triple deep, acquisition fee, disposition fee and then list it for your investor... 

Lastly ,  Based on my experience . if you are hitting up 100 pips and maybe contacting 50 or 30 , maybe the approach and sales skills might need to be tune out..     so you could double check on that , PS (we all need to know and learn more, always room)   

Also hit me up anytime Ill be glad to help .. I host a RE event every month.. im also local ..    

 Go to local events and meet some good local wholesalers.. Make sure you see if they are getting the leads directly through their own marketing or through daisy chain..     Direct with seller (Through their own marketing)  they typically have more control of the seller and also more often have a reputable title company the usually work with . ..   Or type in sell house for cash , fast etc..   on google and  then call the company  and tell them you are a local buyer .. give them your criteria ..   ( now you may think, I dont want to leave money on the table  if I can do my own marketing)    My suggestion is to leverage from others first , you might be loosing more by trying to figure out than just pay an assignment fee..  I think  you can do both at the same time.. 

Blessings... ;) 

@Charlotte Cintron

 Yes it is a residential..   its a vacant small 7 unit resort.  The zoning is actually multi fam…