All Forum Posts by: Gabriel Rebustillo

Welcome to the site, @Jorge H Colon 

As far as the Coral Gables area and the current market it will be difficult to locate properties  on the market with those returns.  However with what's occurring in the Downtown/Brickell area.  I believe if you position a property for tenants looking for greener/more quiet location and renovate the property in the Coral Gables area.  You can expect to increase your rental price and gain significantly higher returns.

@Sam Leon 

@Wayne Brooks is correct don't drain the pool!!!

quickest cheapest way is to buy a few pool shocks and chlorine at home depot and let to pool run for about 24-48 hours.  Clean the filter often and then take water sample to your local pool supply store so they can tell you whats needed to balance the water.

Welcome to BP!  It's great to see another Miami member on this site.  It can be difficult at times putting offers in and getting them rejected, but keep at it and it will pay off.

Welcome @Ozzie Rodriguez ,

Good to see another Miami member!

@Brad Tamm welcome to BP.  Love to see new members in the Miami area.

@Jose Diaz How about trying to match your 10k? Make it a goal asks family members or friends to see if they would like to venture with you in a form of a loan. People you can trust and give them an incentive to repay them maybe 10-15% ROI within a year or two. Once you doubled your purchasing power, crunch the numbers. Find an investment that covers your costs and make it a priority to return whatever you match as fast as possible, while keeping a reserve. Don't invest the full 100k, cut your risks, maybe 70-85k to lower your payments. Put 5k of your personal loan and reserve the other 5k for emergency funds. Invest with 15k, 5 from you and 10 you raised. Once you repay 50% of your matched investment then capitalize on your reserved funds and payoff the last 50%. Good Luck!!!

I would recommend getting a few bids from different contractors first.  It's important to create a good relation with the contractor you hire.  Some of the thing to consider is price, timeframe to completion and reliability.  I have completed several projects and utilize SDI General Contractors - Xavier Perez 786-319-6653.  Good Luck!!!