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All Forum Posts by: Lamor Royes

Lamor Royes has started 4 posts and replied 20 times.

Buying & Selling Real Estate

Post: Buy and hold for newbies

Lamor RoyesPosted
  • Ocoee, FL
  • Posts 20
  • Votes 6
Ross Benedict hey man welcome. As a new investor myself and learning everything I can before I jump into the game directly. One thing I've learned that you would want to set up an LLC first before purchasing any property as an investment property. The LLC will protect you from law suits, and other legal stuff. The last thing you'd want to do is purchase a property in your name, then getting sued for everything you own. Townhouse and condos I would stay away from as well, just like you say with the HOS fees those alone eat up all your profits
0 Votes
Buying & Selling Real Estate

Post: Trying to land the right deal

Lamor RoyesPosted
  • Ocoee, FL
  • Posts 20
  • Votes 6

@Brian Gibbons  Thank you for the advic me.

0 Votes
Buying & Selling Real Estate

Post: Trying to land the right deal

Lamor RoyesPosted
  • Ocoee, FL
  • Posts 20
  • Votes 6
Originally posted by @Lamor Royes:

Hello Investors, I am new to the investment industry but not new to real estate. I currently work in apartment management, but now I want start buying my own properties, only looking to buy and hold right now. I'm looking for investors who have single and multi family properties. I am welling to offer an extra 10% above market value for your property. I am interested in the Orlando and Tampa area. Let me know if you have any property you'd like to get rid of. I have simple criteria, can not be built before 1978, welling to look and consider any conditions, welling to do Seller financing.

0 Votes
Buying & Selling Real Estate

Post: Trying to land the right deal

Lamor RoyesPosted
  • Ocoee, FL
  • Posts 20
  • Votes 6

@John Kent sorry John, only looking for seller financing. Sorry, I forgot to add that. 

0 Votes
Buying & Selling Real Estate

Post: Trying to land the right deal

Lamor RoyesPosted
  • Ocoee, FL
  • Posts 20
  • Votes 6
Originally posted by @John Kent:

@Lamor Royes are you paying cash or bringing your own financing (not asking for seller financing)? I know of a local turnkey provider that may have some inventory in North Orange and Seminole. 

 @John Kent, sorry John only looking for seller financing. Sorry, I forgot to add that. 

0 Votes
Buying & Selling Real Estate

Post: Trying to land the right deal

Lamor RoyesPosted
  • Ocoee, FL
  • Posts 20
  • Votes 6
Hello Investors, I am new to the investment industry but not new to real estate. I currently work in apartment management, but now I want start buying my own properties, only looking to buy and hold right now. I'm looking for investors who have single and multi family properties. I am welling to offer an extra 10% above market value for your property. I am interested in the Orlando and Tampa area. Let me know if you have any property you'd like to get rid of. I have simple criteria, can not be built before 1978, welling to look and consider any conditions.
0 Votes
Real Estate Deal Analysis & Advice

Post: Quit my Job -Moved to Florida -STARTED PROPERY MANAGEMENT COMPANY

Lamor RoyesPosted
  • Ocoee, FL
  • Posts 20
  • Votes 6

@Account Closed powerful words, thank you man. I'll be tagging you in my future success stories. 

1 Vote
Real Estate Deal Analysis & Advice

Post: Quit my Job -Moved to Florida -STARTED PROPERY MANAGEMENT COMPANY

Lamor RoyesPosted
  • Ocoee, FL
  • Posts 20
  • Votes 6

@Account Closed I've heard that one before, but what advice can you give me? 

0 Votes
Real Estate Deal Analysis & Advice

Post: Quit my Job -Moved to Florida -STARTED PROPERY MANAGEMENT COMPANY

Lamor RoyesPosted
  • Ocoee, FL
  • Posts 20
  • Votes 6
Great job bro, exciting news. I'm a new investor in the market right now, currently haven't landed my first deal as yet, because I'm a bit scared of the mistakes I'll come across and screw up other people's money. What advice can you give me as a new investor? by the way I'm in Florida as well.
0 Votes