All Forum Posts by: Lucika Suarez

I have two burning questions before I dive into the deep of fixing and flipping. I'm a current realtor, went into it full time recently yay, with some buy and hold experience. My heart'd desire is to begin rehabbing. I know buy and holds are a different beast than rehabbing therefore, I have two burning questions: 

1. What are some creative ways to raise capital to do a full scale fix and flip? 2.  What are some hidden pit falls that one will not see in the typical "rehab guru" video? 

I'd like to focus in fix and flips and buy and holds (STR and LTR).

 Thank you William, I appreciate that. 

@Michael Dumler will you please elaborate on house hacking?

@Justin Vom Eigen I strongly suggest staying local for a beginning landlord. As a current landlord and realtor, your resources are so much stronger being planted locally. For example, my tenant's AC was acting up and would have cost us at least $2000 (and I'm being modest) to remedy the problem. However, being that we have a small network of trusted local (emphasis on TRUSTED) HVAC technician, we paid him $300. It's works just fine now. If you are going to be a distant landlord, hire a vetted property management company in that area. It will cut into your profits but some things are just worth paying for. 

For a fix and flip and a buy and hold 

Other than the ARV and purchase price, what are some other numbers you take into account when evaluating a deal? Do you get this information from a realtor?

Hello Heidi, Broward County's favorable regulatory environment for short-term rentals makes it an investor-friendly destination, providing ease of operations and a streamlined rental process. Let me know if you'd to chat more about DM me. All the best!

Welcome to the world of real estate investing! Exciting opportunities await here in south Florida as you embark on this journey. Feel free to ask any questions or seek guidance along the way. Wishing you success and prosperity in your new venture!

Hi Kizzy,

^^^ is one of my favorite wholesaling experts I used to regularly listen to. Check him out and let me know what you think.

@Brittany Heil: Hello Brittany, I'm Lucika Suarez with EXP Realty. I'm a licensed realtor based in Delray Beach, also born and raised in Fort Lauderdale. Feel free to call me with any questions.