All Forum Posts by: Greg Lindor

Hi all,

I'm looking for an awesome and knowledgeable CPA in the Broward/Miami-Dade area to help build out my investment portfolio. Namely I'd like to ensure I start off on the right foot with regards to proper corporate structure and reduce tax liabilities. Ideally I'd like this individual to also be an investor themselves to gain that vote of confidence. If you are referring someone, please provide a direct number and not an automated voice answering machine. I'd like to build personal relationships that will last.

My Agent could probably help you out, as she is well versed in finding investor opportunities and is an investor herself. PM me for info

@Laramie Hiebner a Triple net lease is when the Tenant of a commercial property is responsible for all financial obligations. including maintenance and insurance, meaning all you do is collect the rent. It's the only (not literally) criteria in my opinion one should consider when buying a commercial property :)

@Christopher Phillips I like it! I can definitely do that, Already have been to learn the numbers myself.

@Edward Hamill I'm going to take you up on that offer, Id love to hear more about what you're saying. Never heard of it before. (House Watching)

Thanks for the responses! I figured it was not a straight forward answer. Since I have no interest in becoming an Agent or Broker, I suppose my next line of thought is how else I could provide value to build a relationship with another investor. I'm going to ask to tag along to some of his Contracting engagements over the weekends and learn abit about rehabbing. I guess that's a good start. I'm well versed with online platforms and computers in general since I work in the Cyber Security so I'm wondering if there is any value to that for anyone in REI.

@Christopher Phillips I was thinking leasing units and collecting rent pretty much..ensuring his properties are always occupied. He's a contractor and does his own work on his properties.

Hey BP!

I'm a new investor and about to have my first property under my belt. It's actually my current residence that we'll be renting out after we move out in a couple weeks here. We plan to manage the property ourselves so we were looking for a few decent Property Management Software to get things organized (Well, my wife is the organizer, not me :) ). Anyways, I have a Contractor who is or go to guy for anything related to house fixing and recently we became fairly good friends and I found out that he is also an investor. I'd like to slowly build a partnership with him and just learn the ropes through his experience, but after listening to alot podcasts I've learned that the best way to earn someones trust and to get into business with them is to add value. So, I had the idea of suggesting to run some of his own investment properties at a pretty reasonable rate (Perhaps 6-7%). I'm not really looking to do it for the money moreso to gain the experience and build a trusting relationship so that he can introduce me to his wider network of investors.

So my question is, EDIT: (HOW) can I (after building the proper corporate structure, etc) offer to become a property manager for someone with little to no experience? I've read somewhere that you have to be a Broker for some amount of years? Is this true? After owning my home for about 2 years, I've built some pretty good relationships with certain contractors and Im confident I can provide the services needed to run small properties. I'm also a peoples person and while this isnt a qualifying factor it makes a world of difference when you're an approachable person :). 

Thanks,

Please also add me to your listings. I am interested in Multifamily homes in no lower than B communities in the Orlando area. Thanks!   [email protected]

Hi please add me also to your mailing list.  [email protected]

Thank you! And is this property still available?

Hey Im also an aspiring REI and would love to connect with anyone down here in the region. Maybe grab some lunch and parlay

@Brian Garrett My investment goals are to create passive income, enough to eventually retire me and my family so that I can pursue my real passion to become a philanthropist. However I'm not averse  to the idea of using multiple strategies to get there, which includes flipping for quick capital. (Which would be the case for this situation).

@Andrew Krause The efficiency is properly permitted, I have all the paperwork for it. That was something my Buying Agent and I made sure was in order before we bought the home, Thanks! How would I go about determining how rent-proof the property is?

@Thomas S. Hi Thanks! you make some good points there regarding not putting anyhingt under my name. Ill take heed to those. What do you mean by:

 I'd like to know more about how to determine such a thing. Thank you.

Also with regards to upgrades, I do have my Agent (who is also an investor) that will accompany the Contractor so we can see what upgrades would potentially bring 'value add'. But I'd love to hear more about your thoughts on this and how I can make sure I'm not spending any money that doesnt need to be spent. I'll be taking out a line of credit on the home to make these improvements so I don't plan to use any of my own money.

@Edgar U. Yea Im running all the numbers I can and working closely with my Agent to make the best possible decision financially.