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All Forum Posts by: Mario I Fernandez

Mario I Fernandez has started 5 posts and replied 120 times.

Hey Lucas,

You could consider midterm rentals as well.

Creating a good relationship with a health recruiter or insurance claim company could make you 3x more than a long term rental. Just something to consider.

Post: Ranking by Rent-to-Price?

Mario I FernandezPosted
  • Miami Beach, FL
  • Posts 124
  • Votes 48

Hey Dzung,

There are a lot of place that you can get a good RTP ratio. One question is if you are planning to live in the city of your investment or not? Because managing yourself or hiring a management company could make the difference.

Almost in any city of Florida you can find a property with a good RTP ratio. In the big cities rents are growing by the day.

Post: RE Attorney - Title Agent

Mario I FernandezPosted
  • Miami Beach, FL
  • Posts 124
  • Votes 48

Hey Miguel,

Welcome to BP community!

Definitely here you will find all the support you need to start your journey as investor.

Also, I think you been and attorney and tile agent you could help a lot of other investors in the community.

Best Regards

Post: Real Estate in the US.

Mario I FernandezPosted
  • Miami Beach, FL
  • Posts 124
  • Votes 48

Hey Javardo,

Welcome to BP community!

I would say that you choose a market and inside that market to look for experts in the specific investment you want to do.

If you are looking to invest near hospitals looking into Mid Term rentals is a good option for you.

Best Regards

Post: Lenders for Mobile home parks

Mario I FernandezPosted
  • Miami Beach, FL
  • Posts 124
  • Votes 48

Hey Jason,

You can find lenders on the top menu "BUILD YOUR TEAM".

Best Regards

Post: $30k cash, now what

Mario I FernandezPosted
  • Miami Beach, FL
  • Posts 124
  • Votes 48

Hey Bradley,

You could finance or partner with someone's deal and you will 2 things in return:

1-You will get experience and insight into a deal.

2-You will get a return on your invested capital. 

Hope this helps.

Post: Lack of Capital

Mario I FernandezPosted
  • Miami Beach, FL
  • Posts 124
  • Votes 48

Hey William,

I think you should put more info about the deal like finances, because just "cash flow very well" won't attract any investor.

Post: Determining Fair Market Value

Mario I FernandezPosted
  • Miami Beach, FL
  • Posts 124
  • Votes 48

Hey Colette,

You could use https://www.rentometer.com/ there you can search your location and find out exactly what are the LTRs price for units similar to yours.

Also, in the tools menu of BP you can find some help under Property Management. 

Hope this helps!

Post: Funding for renovation on STR MTR PROPERTY OPTIONS

Mario I FernandezPosted
  • Miami Beach, FL
  • Posts 124
  • Votes 48

Hey Jerryian,

You could look for a lender that fits your needs right on the top menu BUILD YOUR TEAM > Find a Lender.

Hope this helps.

Post: Broward County Leads

Mario I FernandezPosted
  • Miami Beach, FL
  • Posts 124
  • Votes 48

Hey Heidi,

There are some areas like Hollywood, Hallandale, Dania Beach, and Ft. Lauderdale that are very good and very friendly for STRs. 

We have an influx of tourists and locals all year long making it a very profitable market for STRs.