All Forum Posts by: Luis Maqueira

That is great

there is Investor Multifamily Club next meeting next Tuesday 7:00 PM

Also a Master Mind group Multifamily and Creative Financing  

All this is free just put in attitude and knowledge to share.

But we meet to make Money

Message me if would like details

Miami Dade Area

Welcome to bigger pockets

Luis MFP

Miami Multifamily CluB

We meet at Squadron Restaurant next to Miami Airport. Every 15 Days Tuesdays  7:00 PM 

Great network for Investors. 

Dm for information. 

Hey 

Let start 

Our MasterMind take action in Miami.

Simply gather knowledge and experience put it together to empower the group to buy right,  manage it, and  hold or Sale. 

I had been doing multifamily investing for the last 6 years full time,  every day You can learn and always you need to adapt to the market ...

Message me we can meet in Doral 

Luis MFPartners

Alex, 

Preforeclosure his loan is behind ...Seller financing???

His mind is how do I keep the house I am already not paying....  I didn't want to sell is there any equity?  

Still, you will have to come up with money out of pocket to put the loan current to buy-out the owner...

Just curious of your strategy on pre-foreclosure I will go for expired listings on MLS he wants to sell but could not get his overprice asking amount.

Luis MMpartners

I go to this Investor network, is free and great enviroment. 

The Multifamily Deal Group promotes all things multifamily investing and this event is for networking with others about multifamily. Join us for a drink and relaxed networking where you are sure make great contacts, learn something new and ultimately leave glad that you came. We find pride in our members actively taking initiative to find properties, structure acquisitions and sharing knowledge. Amongst the leadership team, there is a collective ownership over 5,000 units spanning the nation and wide breath of multifamily experience.

We meet every two weeks at the 94th Aero Squadron Restaurant on the south side of Miami International Airport. Parking is Free and ample. Upon arrival, please see our signs guiding you to our location or ask the host for directions.

We love to share experiences, lessons learned and good news stories in multifamily investing. We look forward to meeting new enthusiastic individuals looking to learn, share, and work together on these investments.

Luis M

Alejandro 

I was a realtor 15 years ago. You have all the tools you need to learn which ones to use. 

As the best answer for any real estate question is...  "It depends.."

Don't ask for help,  ask what you can give so you learn, get experience from that person. 

This community is great to learn, go to local investor meetings and network with doers.

You should look for a broker that is investor-driven. Traditional real estate companies don't focus on investing. They focus on marketing to sell homes at market price, to retail home buyers. 

Is a great job with very good commissions and plenty of satisfaction. No investing knowledge to be learned. 

Good luck,

what type of asset

how much you need to raise.

1M  to 10M   call me we can do it next week 

11M  to 50M  cal me we need to talk about it. 

Your best partner is the Bank-private lender. They don't ask for-profit proceeds.

Good luck

Luis MFM  

Multifamily deal 

We are the sponsor and deal provider. 

And had partners that bring the capital for the downpayment and closing cost (about 25%). 

what is a fair split for this capital raisers partners? 

And Is a Join Venture situation split for each deal,  we do it over and over but is not a partnership.

Thanks,

Next step 

Find a local Multifamily Investor group and go meet members and partner up with experienced people.  That is the best Seminar webinar workshop you can do. 

Do a couple with them and then you will be ready to roll,  but you will not have to go through the learning curve alone. 

Good Luck,

I go to  a group in Doral if interested

Agree with Ray,

There's only one real important question. What is the general market of buyers willing to pay for this house? That is what most would consider to be the "fair" price.

100%  the market is going to dictate the price if you want to sell for less you always can. 

You need to do your market analysis of the best price you can get for your friend for the property. 

Good Luck.