All Forum Posts by: Luis Maqueira

"Ultimately, none of us has a crystal ball, we can only look at history.

Conversations like these have been going on since the dawn of man and will continue. The best time to buy real estate was 20 years ago. The second best time is today. Timing economic condutions has proven futile whether stocks, futures, or real estate."  Joshua Christensen

Let't make Money and build wealth the next 5 to 10 years.  30??  IA will be building, collecting rent & and taking us on virtual or real vacation. 

Love the question have to much to do now to think  in 30 years.  

Enjoy the ride

Luis Maqueira,

Looking for partners to keep building Portfolio. We own 12  units in the area. Are group is looking for investors to share strategies to buy to sell deals. The only bad thing I can say about Multifamily investing is why I didn't start earlier. 

And we all know the answer fear, lack of knowledge or experience,  don't know how to run the numbers, don't know loans, need a construction team.  And the least keeps growing  till you buy one... 

WE think differently lets buy today. NO tomorrow,  today  you need capital great lets find it here in Bigger pockets,  you need deals great lets check classified BP.  All you need is a like-minded team,  not someone selling seminars, webinars bla bla (great for information but not to take action.)   

Les connect lets do it 

Luis Maqueria Multifamily Parnert mindset

I am not selling this. Is a real sample of on in the market to buy today.  That we can work together.

There is a Meet up Today at 7:00 best Multifamily network in Miami. 

Is Free and 100% network no sales you network you do the sale by either asking for capital or bringing your deal to be sold. 

Check the Meet-up Events section the information is there.

See you there tonight

Luis Maquiera 

MMPartners 

when you know how to run numbers and Data. 

Like Christopher said in his post,  that is when you understand that investing is arisk calculated transaction.   

Then you just make money, build wealth and pay less taxes. 

you just need to do the Homework

Luis Maqueira 

I will do the numbers again   Profit is  less than 50 K and the project is 900K

And that is without surprises and when you do flips always there is one. 

we can do an open zoom invite anybody in biggerPocket and go over the numbers. With an open biggerpocket group we can get a lot of good Ideas. 

Luis Maqueira MMP

check the meet-up Real Estate investor group in the Bigger Pockets events we can do the deal live next Tuesday at 7:00 PM

Very Friendly Environment. 

They welcome newbies or 250-door Owners. 

You meet operators, Lenders, wholesalers, and Multifamily experts. 

Best network and is Free. 

Thanks for sharing the information

Check the events page local in Miami meetings. 

Luis M

MMP

Great path 

Learn in this community.  Read about house hacking, the best thing you can do starting tomorrow since you are young. 

Then go into the market fora triplex, Fourplex find investor local clubs.

You need 5% down and total Income(more that one person) 10Kk to buy a 600k triplex. 

Or you get owner finance and you start you journey to build wealth.

Luis Maqueira

MMP

Hi Juan 

Local investor club was the best one check eventbrite meet up.

I go to the one in Squadron Restaurant  Multifamily deal GRoup being around for some times. 

Great meeting  every 2 Tuesday  next Tuesday there is one see you there. 

if you don't find it message me private.  Rules bigger pocket we want to keep site informative not about services information. 

Luis Maqueira

Guys is the old rule 80/20 

We are STR and buy and hold (that how you build wealth) group.

So we come across people that want to buy more to do Airbnb to do pat-split etc.. 

and the other 80 I am frustrated. Check the MLS selling Multifamily 50% are furnished and remodeled. You don't furnish to sell that is rental gone bad.

The question is why it went bad? and most of the time is bad management, bought the wrong price, Interest and Insurance to the roof and, I cant get out the Bridge loan to do a DSCR loan etc ...

Simple hands on, work do research and minimize risk. 

Luis Maqueira

MMP