All Forum Posts by: Jose Petitfrere

Jeff Ragan 30+ years in the industry we are under contract now

Looking for a great contractor for full rehab in west palm beach any suggestions please let me know.

ABC's of Real Estate by Ken McElroy

Im attending the conference this weekend I think you should go listen to the RE vernacular, network with people, follow up, be curious to put yourself out there so when you do have the financial capacity you at least make the connections along the way(RE is a relationship-predicated business). It's gonna be the first time I'm looking forward to it!

Im doing some market research in the St.luice county, FL area and I know it's a small market, but I'm having trouble finding the market cap rates for class C multifamily property with 50-100 units. I've tried calling on a few brokers in that area to see if they would know and I haven't found anyone who knew let alone some who didn't know what a cap rate was, its a little disappointing but I won't stop unit I get it. by the way I know how to calculate a cap rate for a particular property(NOI/value) I'm particularly looking for the "Market cap"?

@Bobby S. Definitely helps, it’s savings so how would I go about investing that?

Hey, so I am a 20-year-old studying real estate and finance at college so I kinda have an idea of what I want to do but not quite sure. I was looking to diversify my investments some Mutual Funds/ETFs and real estate preferably a duplex, triplex, or quadplex in the south Florida market, I was looking to find properties in an opportunity zone so I can gain the tax benefits, but I am open to properties outside of that. Also keeping some cash reserves for emergencies. But the dilemma is how do I invest if I'm a college student with little to no credit, I want to take advantage of the low-interest rates so I can leverage, however, during these times banks are getting very tighter or stricter on loans so how do I find a reasonable lender who can trust in me. 

So I’m a 20 year old college student looking to invest 250k with a moderately/slightly aggressive risk tolerance. I want to invest in real estate in the South Florida area: As north as Boca to as south as Miami.

Looking to leverage and take advantage of the low interest rates, however, being that I’m only 20 and I don’t have a consistent income cause I’m a college student it’s hard to find lenders that are willing to let me borrow. What would you do in that situation?

I want to invest in mainly in opportunity zones so I can reap the tax benefits but, I am open to investing outside of that. Looking for good cash producing properties. Furthermore, I also wanted to diversify my portfolio into mutual funds or ETF’s that out compete the S&P 500 w/ little fees attached. Or show I use the income from my properties to invest in to invest into the mutual funds/ETF’s?