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All Forum Posts by: Leo Furest

Leo Furest has started 3 posts and replied 65 times.

Post: Looking for house flippers

Leo FurestPosted
  • Miami, FL
  • Posts 71
  • Votes 87
Quote from @Sandeep Majumder:
Quote from @Leo Furest:

Hi Guys, back to BP after a long time. I am managing a Fix and Flip fund in Florida and we are doing really well. We are planning our expansion to Houston, TX with a similar business model. Currently doing 10-15 flips at the same time in Broward, Palm Beach, Dade and Orange County in FL. We focus on Single family homes (no HOA, no 55+), built 1960+ with over 1,000 sq ft and we avoid fire damaged and structural damaged. We are 100% cash, we haven't taken any loans yet, which gives us a lot of advantage versus below flippers when we purchase. I want to connect with experienced flippers in Houston area, visiting the city by the end of March, I want to study the market, the options and start gathering a local team. Feel free to reach out if you are an experienced flipper! See you in Houston!

Hi Leo, please feel free to reach out as I have experience flipping here in Houston and I also run a construction and remodeling company niched to the investor market providing make ready rehabs. I would love to discuss your future plans and projects with you. 


 Hi Sandeep, thanks for your message. I am definitely interested in making contact with you and discussing potential business oportunities. Will send you a connection request so we can exchange contact details. Best, Leo.

Post: Where do I find houses to flip in Houston?

Leo FurestPosted
  • Miami, FL
  • Posts 71
  • Votes 87

Hi Guys, back to BP after a long time. I am managing a Fix and Flip fund in Florida and we are doing really well. We are planning our expansion to Houston, TX with a similar business model. Currently doing 10-15 flips at the same time in Broward, Palm Beach, Dade and Orange County in FL. We focus on Single family homes (no HOA, no 55+), built 1960+ with over 1,000 sq ft and we avoid fire damaged and structural damaged. We are 100% cash, we haven't taken any loans yet, which gives us a lot of advantage versus below flippers when we purchase. I want to connect with experienced flippers in Houston area, visiting the city by the end of March, I want to study the market, the options and start gathering a local team. Feel free to reach out if you are an experienced flipper! See you in Houston!

Post: Looking for house flippers

Leo FurestPosted
  • Miami, FL
  • Posts 71
  • Votes 87

Hi Guys, back to BP after a long time. I am managing a Fix and Flip fund in Florida and we are doing really well. We are planning our expansion to Houston, TX with a similar business model. Currently doing 10-15 flips at the same time in Broward, Palm Beach, Dade and Orange County in FL. We focus on Single family homes (no HOA, no 55+), built 1960+ with over 1,000 sq ft and we avoid fire damaged and structural damaged. We are 100% cash, we haven't taken any loans yet, which gives us a lot of advantage versus below flippers when we purchase. I want to connect with experienced flippers in Houston area, visiting the city by the end of March, I want to study the market, the options and start gathering a local team. Feel free to reach out if you are an experienced flipper! See you in Houston!

Post: WHOLESALING IN BROWARD COUNTY, FL

Leo FurestPosted
  • Miami, FL
  • Posts 71
  • Votes 87
Quote from @Phedeline St Felix:

I'm looking into wholesaling in Fort Lauderdale, FL, can I get some insight on this market.

Phedeline focus on the yes, not in the negative responses. Send me all your dealflow, I can buy it

Post: Looking GC to handle projects in Broward and Palm Beach FL

Leo FurestPosted
  • Miami, FL
  • Posts 71
  • Votes 87

Hi BF family,

I am investor doing fix and flips in Broward and Palm Beach FL and would like to connect with a licensed and insured contractor capable of handling my flips (5-7 at the same time). It must be trustworthy in first place and understand this has to be a win-win situation.

Thanks in advance,

Leo

Originally posted by @Dennis M.:

Nice ..Starting out with 600,000$ sure helps 

Helped a lot Dennis. Cash will be always the king in RE! Thanks for commenting.

Originally posted by @Victor S.:

Leo, congrats! One Q: why not larger apartments with all of the units and crew under one roof?

Great point Victor! Because the initial idea of this was just 10 SFH....then you know the story!

Originally posted by @Michael P.:

@Leo Furest so you are buying cash 100 properties X 35,000 each is 3,500,000. How did you do it with 600,000?

Hi Michael, after the $600,000 I ran some private tranches for investors. 

Originally posted by @Ola Dantis:

Fascinating story and many will applaud your bullish predisposition to Detroit. 

Thanks for sharing. 

Ola thanks for your nice words! The decision of going to Detroit was made -among others- because I feel comfortable with distressed assets and markets and have always done it well there. I know is not for everybody, and I 100% respect investors that invest locally in safer markets. Detroit is coming back for real! Take care bro and thanks for commenting. Leo 

Originally posted by @Brent Crosby:

@Leo Furest kudos brother, keep grinding!!!

 Thanks bro! You too