All Forum Posts by: Mario I Fernandez

Hello, I hope all is well. My name is Ivan Urquiza and I am a RN currently living in Miami, FL. I am actively looking to both move out of Miami and begin my real estate investing journey. I am thinking of purchasing a multifamily property hopefully using an FHA loan and living in one unit while renting out the rest. Looking for a realtor who knows South Florida and could aid me in my journey. I figured there is no better place to look for one than the bigger pockets community. Looking forward to speaking with you! Thank you, take care!

Hello all, 

A quick bit about me, I am in my late 20's, love real estate, dedicated, and dream of owning many income-generating properties. I have pushed the dream of being a realtor and RE investor off for many years. Late last year I said enough of dreaming and got my RE license and joined a fantastic brokerage. Now, I am done waiting to begin my investment dreams. My goal is to become a millionaire by my early to mid thirties, so I need to get going lol. 

My biggest roadblocks have always been my family (support wise), and not being able to find someone who could offer more than a few conversations and texts of guidance. 

I am currently looking for a two-family unit to purchase, live in half and rent out half. I have always been the most interested in three types of RE investing. First is owning multi-family, single family homes, and apartment complexes to rent out. Second, which came from wanting the first, is to purchase properties to rehab to increase their value and then use their equity to acquire another property and repeat. I recently learned there is a name for a more refined version of this called BRRRR. Commercial rental properties have always intrigued me too. Recently, I have heard a lot about short-term rental properties, which I would not mind doing in addition to another method.

Ultimately I do not know where to start. I think I want to aim for the BRRRR method, but I also need a place to live. Currently, I am working two jobs to build up funds for my own home and investing. I am here to see if I can find some straight-forward direction on where to begin , maybe even sit down for a coffee or drink with a seasoned and serious investor in my area.

I am not sure where I should start looking for an apartment (2B2B). I was thinking South Miami, Coral Gables or Miami Beach, any advice. I am new in town and only know well, Westchester, Coral Gables and Brickell.

Hi, I am currently 17 but I have been doing lots of work studying, listening to podcasts, reading books, and coursing over properties trying to find the different aspects that make good deals, for the past 6 months, I have also saved around 35,000 and have 10,000 in assets and I will have another 40,000 by the time I am 18. However, now I am trying to look into Mentors that could help me before I start the process of getting my License. Is there any process or tool I should know how to do to bring value to the table and make myself a more attractive pupil? Any advice is much appreciated, Thank you for your time.

Hello-

I'm Buying a property (single family home) in San Diego. Seller is accepting my offer and has added this in his counter- "Seller will transfer title to his LLC during escrow"

I'm not sure how this will work as the contract I'm signing now is between me and him. Wouldn't this be void when the title transfers to a LLC and the contract has to be done all over again with the LLC?

Secondly - do sellers do this for tax purposes?


Please advice.

Thanks!

 @Mario I Fernandez thats a great point. Something I would definitely consider. Do you have any tips on how you have created those insurance claim or health recruiter company relationships?