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All Forum Posts by: Julian Sanchez

Julian Sanchez has started 17 posts and replied 90 times.

Post: What else are you guys investing in outside of real estate?

Julian SanchezPosted
  • Rental Property Investor
  • Aventura, FL
  • Posts 109
  • Votes 42

I've done Crypto, stocks, businesses, ecommerce, trading bots, ponzi schemes etc. 

Curious what else is out there

Post: What Do You Think Of All Of The Reverse Trolling in the Forums?

Julian SanchezPosted
  • Rental Property Investor
  • Aventura, FL
  • Posts 109
  • Votes 42

So where can one Advertise or offer one's services?

Post: Are real estate investors the right audience?

Julian SanchezPosted
  • Rental Property Investor
  • Aventura, FL
  • Posts 109
  • Votes 42

I offer DFY Ecommerce business, online stores at national retailers
Like this one

Consistent recurring money in the bank.

Real estate is long term wealth generating, but we all got started in real estate for the "passive income" (it is never truly 100% passive)

Furthermore:
The equity rich cash poor problem is one I was faced with as well because I put it all into our apartment buildings. Put all my eggs in the real estate basket.

Then cost of living increased and my parents needed help financially.

The ecommerce allowed me to supplement my real estate cashflow.

I was thinking this would be a good offer for flippers who want the certainty of recurring income and likely already have the purchasing power (as we need at least 40k in credit lines for purchases hence the image below)


Any feedback at all would be much appreciated.

Thanks

Post: Cash Poor, House Rich!! Need Advice

Julian SanchezPosted
  • Rental Property Investor
  • Aventura, FL
  • Posts 109
  • Votes 42

Well if you have some money to invest I offer DFY Ecommerce business, online stores at national retailers.

Consistent recurring money in the bank. Real estate is long term wealth generating. 

The equity rich cash poor problem is one I was faced with as well because I put it all into our apartment buildings. Put all my eggs in the real estate basket.

Then cost of living increased and my parents needed help financially. 

This allowed me to supplement my real estate cashflow. 

Post: Equity Rich Cash Poor! Need HELP~

Julian SanchezPosted
  • Rental Property Investor
  • Aventura, FL
  • Posts 109
  • Votes 42

Well if they have some money to invest I offer DFY Ecommerce business, online stores at national retailers Like this one

Consistent recurring money in the bank. Real estate is long term wealth generating.

Post: Real estate lesson of the day:

Julian SanchezPosted
  • Rental Property Investor
  • Aventura, FL
  • Posts 109
  • Votes 42
Quote from @Ray Hage:
Quote from @Julian Sanchez:

All this time in this business and can't believe nobody at any seminar, meetup or event has shared this. in summary:

• Hired roofer did a bad job after paying him close to 30k

• City inspector PASSED and APPROVED the permit! Unbelievable • His insurance won’t cover because as it turns out commercial liability does not cover craftmanship defects 

they need E&O insurance for that,

hard lesson learned, 95% of small contractors will not have E&O, it's an extra cost for them and only the larger construction companies carry it.

When doing big jobs always make sure your contractor/GC has this

Happy Investing (:

Wow! That is ridiculous. So you're essentially saying the roofer has no negative consequences for his bad, the city inspector doesn't have an negative consequences...and you have to pay someone to fix this issue? There's got to be something you can do about it. Is the roofer going to come back to fix it? Do you plan to sue?

 To sue is the only option, that gets expensive and takes months...
Spoke with our attorney this morning and sent him everything. He'll review next week and let me know if it's worth pursuing.

on the roofer I sent an email with everything to the city so they will remove his license and/or forbid him from every pulling a permit again. 

On the city inspector I'll try but likely no consequence, our attorney says municipalities are not held accountable for things like this 

Post: Real estate lesson of the day:

Julian SanchezPosted
  • Rental Property Investor
  • Aventura, FL
  • Posts 109
  • Votes 42

All this time in this business and can't believe nobody at any seminar, meetup or event has shared this. in summary:

• Hired roofer did a bad job after paying him close to 30k

• City inspector PASSED and APPROVED the permit! Unbelievable 

• His insurance won’t cover because as it turns out commercial liability does not cover craftmanship defects 

they need E&O insurance for that, 

hard lesson learned, 95% of small contractors will not have E&O, it's an extra cost for them and only the larger construction companies carry it.

When doing big jobs always make sure your contractor/GC has this

Happy Investing (:

Post: Seller behind on payments, looking for deal structure help

Julian SanchezPosted
  • Rental Property Investor
  • Aventura, FL
  • Posts 109
  • Votes 42

Reviving this post. 

@Matt Taschner what did you end up doing?

The best option here was to do an executory contract and flip it

Post: Find properties on the MLS behind on mortgage payments?

Julian SanchezPosted
  • Rental Property Investor
  • Aventura, FL
  • Posts 109
  • Votes 42

Hey Thomas, 
did you find a way?

Post: This product has saved us thousands in Utility bills at our buildings

Julian SanchezPosted
  • Rental Property Investor
  • Aventura, FL
  • Posts 109
  • Votes 42

It's called the Smart Valve, just thought I'd share because as investors, owner/operators we're always looking for a way to decrease operating expenses. It's manufactured in California (website below).
For PM's a great thing to do for your clients

These are the results at our properties after install:

https://savethousandsonwater.com/