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All Forum Posts by: Jerryian Francois

Jerryian Francois has started 16 posts and replied 59 times.

Post: Looking to connect with some wholesalers in Miami !!

Jerryian Francois
Pro Member
Posted
  • Investor
  • Miami, FL
  • Posts 61
  • Votes 33
Quote from @Jack Phillips:

Same here with me. Cant find anyone in NJ to work with... might have to move to miami to work with you lol


 Lol man it’s lonely out here in Miami on BiggerPockets !!  

Post: Looking to connect with some wholesalers in Miami !!

Jerryian Francois
Pro Member
Posted
  • Investor
  • Miami, FL
  • Posts 61
  • Votes 33
Quote from @David Ramirez:

Miami is such a different market compared to the rest of Florida. I used to live in the Miami/Fort Lauderdale area, but since I moved to Tampa in 2020 to build my real estate company, I've never looked back, lol. We actually market 25 of the largest counties in Florida, excluding Miami-Dade and Broward.

Hey that’s awesome congratulations would love to hear more on why you exclude Miami and broward would love to connect I sent a request ! 

Post: Looking to connect with some wholesalers in Miami !!

Jerryian Francois
Pro Member
Posted
  • Investor
  • Miami, FL
  • Posts 61
  • Votes 33
Quote from @Hans Waisfeld:
I am a real estate agent down here in Miami Jerryian, but I am always looking and sending clients off-market deals and in a few months I will be ready for my first flip

bless.
Would love if you can add me to the list on off market deals I sent a friend request ! 

Post: Looking to connect with some wholesalers in Miami !!

Jerryian Francois
Pro Member
Posted
  • Investor
  • Miami, FL
  • Posts 61
  • Votes 33
Quote from @Ray Hage:

Hey Jerryian, talk to my friend @Mike Barone. Guy has some great wholesaling experience.


 Thanks I sent over a friend request ! 

Post: Looking to connect with some wholesalers in Miami !!

Jerryian Francois
Pro Member
Posted
  • Investor
  • Miami, FL
  • Posts 61
  • Votes 33

Hey guys hope all is well man I feel like I’m the only person on BiggerPockets in Miami lol 😭 let’s connect wholesalers looking for any wholesalers in the Miami or broward area ! Let’s connect!! Miami 

Post: This might sound dumb but... What else can I be learning?

Jerryian Francois
Pro Member
Posted
  • Investor
  • Miami, FL
  • Posts 61
  • Votes 33

congratulations on your journey I strongly agree with hands on training go out there and get your first deal education is a consistent variable in your journey it never goes away and your always going to have to keep learning I would say to focus on your resources on how your able to get into a deal now .. do you have funds ? What’s the exit strategy ? What niche you’re trying to attack that fits your current situation ? Does this niche align with the main goal ? What is the main goal ? Will you have to partner up ? These questions & answers should give you a sense of direction and hopefully get you to pull that move on your first purchase good luck out there !!! 

Post: 60 of the 100 largest U.S. cities now negative rent growth

Jerryian Francois
Pro Member
Posted
  • Investor
  • Miami, FL
  • Posts 61
  • Votes 33

I have successfully raised rents on 3 of my units they are duplex’s in the city for but for one of my unit it usually takes about 1 month to get it rented back out but we are now at 2 months since listing it and we have gone down on the listing price twice now we re now at 1550 for a beautiful 1/1  still filtering out looking for a tenant clear indication to me that people are realizing what’s about to happen starts to make you wonder am I price to high ? I’m located in Miami FL 

Post: HELP! Contractor Woes on my first investment property!

Jerryian Francois
Pro Member
Posted
  • Investor
  • Miami, FL
  • Posts 61
  • Votes 33
Quote from @Katelynn Malivert:
Quote from @Tracy Ross:

I agree with @Chris Seveney. And potentially look into hiring a real estate attorney who can at first send a letter to the contractor threatening to file suit. If that doesn't get him moving then at least you have someone on retainer in case you need to follow through. 

Yes, we actually did contact a lawyer and it would have costed us $2500 just to send out a demand letter. Because this was blatant fraud, we highly doubted the contractor would be spooked enough to pay up. We deemed it would’ve been a waste of resources. However, if we weren’t lucky enough to recoup our expenses from our CC company we were definitely prepared to follow through with litigation but that was our last resort as it would’ve been timely and costly. Luckily for us, our CC company paid us back every dollar that was paid to this contractor.

 Wow that’s awesome glad you got your money back ! What awesome cc company allowed the refund just curious !?

Post: Should I use a heloc on my property for a flip !

Jerryian Francois
Pro Member
Posted
  • Investor
  • Miami, FL
  • Posts 61
  • Votes 33
Quote from @Jerryian Francois:
Quote from @Zachary Cain Humphrey:

Ive been considering a heloc options as well.

Are*

 So are you going to go through ? And our you going to the credit unions to make it happen ?


Post: Should I use a heloc on my property for a flip !

Jerryian Francois
Pro Member
Posted
  • Investor
  • Miami, FL
  • Posts 61
  • Votes 33
Quote from @Zachary Cain Humphrey:

Ive been considering a heloc options as well.


 So are you going to go through ? And our you going to the credit unions to make it happen ?