All Forum Posts by: Joe Krevinghaus

Hello, my girlfriend has friend looking to move to the Seattle area and we are looking for an agent to refer him to. He is looking north and east of Seattle. Basically from Edmonds around to to Bellevue. Thank you.

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I'm an aspiring investor/agent in Cape Coral. Currently working on my first live in flip to launch my buy and hold portfolio. Welcome to BP!

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Originally posted by @Carla Lee M.:

Hello All, I currently run and operate 4 small (10-15 bed ALF's) in NM and we have found it to be very profitable. Yes, there is regulation and licensing involved, but if you are doing everything right, there is no issue and occasionally a speed bump. A SFH as an ALF can make anywhere between $6000-$10,000 profit per month. That is much better than the $500 in rents you might get from a normal rental. We are a Private pay only, thus, we don't have to deal with insurances or Medicare/Medicaid. In essence, we are providing a space for seniors while their own doctors, families or Power of Attorney handle all of the medical. I'm happy to answer any questions about ALF in residential properties.

Carla, are your facilities located near you or are you running these from a distance. I ask because I'm currently living in FL and own a "Live in Flip" and I'm torn on converting it to my first ALF when I move back to CO in 2017 or selling and taking my profit with me to start one near where I will be living. While I know the older population enjoy the warm weather but its wayyyy too hot for my girlfriend and myself.

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I am in Cape Coral as well and hold a full time J.O.B. I'd be interested in an evening meeting in the area!

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Hello everyone! I am newly licensed in SWFL. I wanted to start a new career in the same space as I want to invest in, multifamily rentals. So I'm looking for any advice on getting started as a multifamily agent. Thanks in advance!

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I live in Cape Coral as well and unless you're looking to do some major rehab work an 80k house in n the Cape will be tough. Even then it'll be a challenge. Buy and hold market is great though. I'd agree that Charlotte county may be a better place for those lower prices homes. Feel free to reach out. Best of luck!

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Hi Lynzie, I live in the cape and I believe there are still duplexes available that could still cashflow. Have you tried some of the bank owned properties where an owner occupant would get priority over the cash buyer investor? I bought my SFR from a bank a year ago. It's a live in flip that just needed updating although I may rent it out before I sell.

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Welcome Paul! My girlfriend and I currently live in the Cape. She's licensed and I test for mine tomorrow! We've been marketing to probates so if you have any questions feel free to ask!

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All Forum Posts by: Joe Krevinghaus

Joe Krevinghaus has started 5 posts and replied 22 times.

Post: Looking for an agent

Post: Looking for an agent

Post: Looking for an agent

Post: Any SW Florida members

Post: Assisted Living Facilities?!

Post: Networking meetings

Post: New Licensee

Post: Florida Investing

Post: Need Advice

Post: New member from Lee County, FL