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All Forum Posts by: Jeffrey Collins

Jeffrey Collins has started 2 posts and replied 8 times.

Post: Purchase Prices and Markets???

Jeffrey CollinsPosted
  • Margate, Fl
  • Posts 8
  • Votes 1
Originally posted by @Danny Webber:

Look for some local REI clubs and start networking there. Find a mentor!

 Thanks Danny.  The meetings I have found lately have been more about selling than networking. 

Post: Purchase Prices and Markets???

Jeffrey CollinsPosted
  • Margate, Fl
  • Posts 8
  • Votes 1

@Kerry Baird thank you Kerry. I appreciate the response. I have been reading several bigger pocket books trying to get an idea about markets and how to find them. I have been looking in Florida as well but when I evaluate the properties and factor in the mortgage payment, property taxes and other expenses I am at break even or negative cash flow. I guess I need to continue looking for the right properties. I'm primarily looking at sfr.

Thanks Jeff

Post: Purchase Prices and Markets???

Jeffrey CollinsPosted
  • Margate, Fl
  • Posts 8
  • Votes 1

Hello everyone, I have been on the site for several months looking at blogs and reading the forums.  I am eager to jump into the investing world.  I am reading several books and absorbing as much information as possible.  I am living in South Florida but buy and hold investments aren't really worth it when I run the numbers.  Between the property taxes and the purchase prices it doesn't make much sense.  I have two questions for the investors out there that have been doing this for a while.  

1.  How do you find markets to invest in?  I am most likely looking outside of Florida or in the Jacksonville area.

2.  How much are the homes you typically purchase.  If you have rehab costs could you tell me what your typical rehab costs are as well.

I am looking for an idea of what to look for purchase price wise and what markets I should be looking at (how to determine where to buy).  I know there are markets where you can make money that have higher purchase prices but I am primarily looking for markets where the purchase price with rehab is around $100k.  Thank you for any help you can give me in advance.  I hope to expand my network of investors so I can build my portfolio and leave corporate america.  :-)

Jeff  

Post: Ready to start investing in Miami FL

Jeffrey CollinsPosted
  • Margate, Fl
  • Posts 8
  • Votes 1
@Mario Reguera welcome Mario. I too am fairly new. I am looking to do something similar to you as well as investing out of state. Best of luck. Jeff

Post: Broward County NEWBIE Meetup!?

Jeffrey CollinsPosted
  • Margate, Fl
  • Posts 8
  • Votes 1

I look forward to attending a meet up once it is established.

Post: Hello BP Family. I would love to hear from you.

Jeffrey CollinsPosted
  • Margate, Fl
  • Posts 8
  • Votes 1
Hello fellow Bpers, I have been on the site for about a month reading the blogs and forums trying to learn as much as I can before I venture out into the real estate investing world. As well as the site, I have been reading several real estate investing books in order to gain as much knowledge as possible.

 While I am still learning, I plan on attending local REI meet ups in the South Florida region so I can get to know like minded individuals who share the same goals in real estate investing.  In the coming months, I look forward to meeting and building relationships with everyone. Feel free to reach out to me if you think there is anything I should read or do in order to jump start my real estate investing career.

Jeff

Post: Real Estate & Business network

Jeffrey CollinsPosted
  • Margate, Fl
  • Posts 8
  • Votes 1

I wish I could attend but I will be working and it is too far from my job.  If there is a meet up in the evening or on the weekend I would be very interested. 

Jeff

Post: Broward County NEWBIE Meetup!?

Jeffrey CollinsPosted
  • Margate, Fl
  • Posts 8
  • Votes 1

Hello everyone, I too am new to BP and real estate investing.  I would like to meet people who are also in the same situation.  Please keep me posted on the next meet up.

Thanks

Jeff C.