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All Forum Posts by: MarZia RiVera

MarZia RiVera has started 3 posts and replied 39 times.

Post: Has anyone learned Propertyware COMPLETELY?

MarZia RiVeraPosted
  • Residential Real Estate Broker
  • Cape Coral, FL
  • Posts 39
  • Votes 12

Does anyone know how to fully use propertyware correctly? 

I currently have a propertyware account that supports 50 unites.  I am downsizing my portfolio and no longer require it.  I am currently looking for someone that knows the program in full through the accounting process to close the books every month to handle mine or for someone that would want the pw account not my portfolio.

Post: promo funding partners

MarZia RiVeraPosted
  • Residential Real Estate Broker
  • Cape Coral, FL
  • Posts 39
  • Votes 12

I am a customer member of this company.  My previous post was removed, can someone answer why? 

@Mark Brogan @Joseph King @Chheat S.  @Ed Toomey @Adam Bird  @Cheryl Gleason @Donna Logan

I have been a member of the community completing my first year. This is a private company offering their talents and experience to the masses most of which would never have the funds to sit down with them.  They are the only company where the success of the transaction does not deem the fate of your monies or its returns.  The platform guarantees your principal to be risk-less secured by income producing real estate assets and insurance bonds at a value of 130% of your deposit.  Your funds are the first to be refunded above all else, litigation is never necessary a simple phone call and email liquidates and unravels your funds, anytime.  I fully believe that we will receive the benefits, bonuses and profit sharing that have been offered to us as members as I have seen it occurring at this writing . I have met and met with the 4 of the 5 executive members which make up this company personally in Florida. I have introduced several projects to the community all of which have been approved for funding. I know of several Investors that have invested in projects that will be funded by PFP, they are already receiving monthly dividends for their investment both from the REEP program and one of the Hotel Resort projects. The Investor deposited funds in February 2017, started receiving monthly interest only payments in 30 days. The Investor receives their interest regardless of the project success as stated above.  The investor may pull out at anytime stated within the agreement of which I have seen.

The investments with PFP are all risk-less as all funds are backed by hard Real Estate Assets and Insurance Bond. Your agreements are presented for you to review with your attorney, funds are deposited in their attorney's IOLTA account not their personal or business bank accounts. All is transparent. 

@Robert Kim In reference to the findings by the Sec and Exchange commission, it was not the owners of PFP that was charged for the wrong doing, if anyone is going to make a statement against someone they should take the time to read the filing in full.  PFP was charged as Relief Defendants as they held the funds which have been settled.  You will find many banking institutions named as Relief Defendants in Sec filings as they also and I am sure most here are still banking with them earning far less than what you can earn with this company as well with the bail in your funds are safer with PFP. 

Feel free to contact me with questions or additional information. 

MarZia RiVera

Post: Anyone else built passive income from Vacation Rentals?

MarZia RiVeraPosted
  • Residential Real Estate Broker
  • Cape Coral, FL
  • Posts 39
  • Votes 12

Hello @Nancy Bachety, the program is great for both the investor interested in VR and anyone interested in a better vacation club for lack of another word.  This program, over time, returns the original purchase price in full and provides credits that cover the cleaning fees and maintenance making your earning off the rental pure profits or your vacations free.  Its genius!!! 

For the investor they would purchase blocks of unit/weeks then rent them as an absentee owner with all the turn over work check in and out work done by the Hotel Resort.  Each week provides for it own set of credits to apply towards maintenance of which the first monthly payment is not due until year 6 of ownership.  Also provided on year 6 is the first of 4 refunds payments of your initial investment, year 6 through 9 your will receive 25% return of principle each year and continue to receive the credits that cover maintenance and cleaning when you use the unit.  With the credit the first 5 years and the refund over the next 4 years you are literally being paid to vacation.

Hello @Peter R. thank you for the insight, I have been renting VR homes and condos in SW Florida since 96'  The trend early on was weekly then I found the shift to monthly then multiple months to date with many recent calls back to the weekly.  In the summer months we do receive many Floridian from the East coast, I only deal in waterfront so I am not familiar with those looking for off water activity as golf and such.  I am new in the Melbourne area so very excited to see how the weekly rental units sell and rent.  What will be great about the above program is that as we add additional properties to the program an owner or its guest will be able to trade to other locals.

Post: Anyone else built passive income from Vacation Rentals?

MarZia RiVeraPosted
  • Residential Real Estate Broker
  • Cape Coral, FL
  • Posts 39
  • Votes 12

Hello All, I am interested in the vacation rentals in the Melbourne area mentioned at the onset in particular with the increase in vacation activity.  We have just purchased a hotel on the beach in which we are selling unit weeks but NOT your typical waste of money timeshare or even fractional ownership.  My question is for those that live in the area; what is the market I should be targeting for those that VR / ownership in your city?  @Nancy you mentioned the summertime are Floridians? So you're saying we like to stay in our own backyard just far enough to feel like a minivaca?  And for the season where do you see they are coming from?  Appreciate your insight.

MarZia RiVera 

Post: promo funding partners

MarZia RiVeraPosted
  • Residential Real Estate Broker
  • Cape Coral, FL
  • Posts 39
  • Votes 12

I have been a member of the community completing my first year as a Founding Member.  I fully believe that we will receive the benefits, bonuses and profit sharing that have been offered to us as members.  I have met and met with the chairman personally in Florida, when he flew in to attend one of our local meetups as well when he flew in to discuss several projects I introduced to the community all of which have been approved for funding.    I know of several Investors that have invested in projects that will be funded by PFP, they are already receiving monthly dividends for their investment both from the R.E.E.P program and one of the Hotel Resort projects breaking ground in the next few months.  The Investor deposited her funds in February 2017 started receiving monthly interest payments in 30 days.  The Investor receives their interest regardless of the project commencing.  Based on the terms of the project that Investor will then receive additional interest bonus to earn double digits receiving the principal back at the end of year 5 or before if she chooses to end the investment.  I have seen the agreements, they all offer the investor to withdraw their funds with notice and minimum time period but with full refund and interest paid to date.  

The investments with PFP are all risk-less as all funds are backed by hard Real Estate Assets and Insurance Bond.  Your agreements are presented for you to review with your attorney, funds are deposited in their attorney's IOLTA account.  All is transparent.  Feel free to contact me with questions or additional information.  Interested in Investing?  Our current projects include Solar Farms, Wind Farms, Telecom, Hotel Resorts - New Construction and Existing locations.  Do you have a project you need funding for, please contact me to submit it.  Projects must be a win for all parties and be risk-less to the community and the Investor. 

MarZia RiVera

Post: Cash-out refinancing as a cash flow strategy?

MarZia RiVeraPosted
  • Residential Real Estate Broker
  • Cape Coral, FL
  • Posts 39
  • Votes 12

Too many variables, refi once with the lowest interest rate you can find then securely deposit into insured savings deposit that offers high returns (inquire with me) the longer you leave it in the higher the interest earned, twice perhaps three times the cost of the refi monthly payment.  Take the interest earnings from the deposited funds to pay down the equity line leaving the deposit in place to provide you with passive income along with the rent.  After 3 years you earn forever passive income after 5 years even more.

Post: Would you use the equity in your properties to create income

MarZia RiVeraPosted
  • Residential Real Estate Broker
  • Cape Coral, FL
  • Posts 39
  • Votes 12

Thanks for your thoughts, I am checking into the insurance bond that protects the deposit, says they use the same business practice as Warren Buffet insuring all the deposits.

Post: Would you use the equity in your properties to create income

MarZia RiVeraPosted
  • Residential Real Estate Broker
  • Cape Coral, FL
  • Posts 39
  • Votes 12

Hello All

I am considering utilizing the equity in my properties that will create enough income to cover the expense of the heloc and make a decent amount of money.  

For example my home has $200k available to pull on a heloc, the interest on the heloc I would pay is approx 3.9%, the savings deposit I will place the funds in to will earn me approx 9.9%.  I am told it's insured by a bond, it's riskLESS, I will receive a payment quarterly, would have to leave the funds in deposit minimum 3 years. 

Keep in mind I can pay off the heloc at anytime earning the full amount. What are your thoughts?  Would you use the equity in your properties to create additional income? 

Thanks for your response

MarZia

Post: Transferring Utility Bills and Water Bills in Florida

MarZia RiVeraPosted
  • Residential Real Estate Broker
  • Cape Coral, FL
  • Posts 39
  • Votes 12

My advice is to have the tenants put all utilities in their name and produce the account numbers BEFORE you give them the keys.

Post: Business Credit

MarZia RiVeraPosted
  • Residential Real Estate Broker
  • Cape Coral, FL
  • Posts 39
  • Votes 12

Hello @Walter Key, @Rony Calixte, @Cassandra Hammond, @Chris Soignier, @Christopher Petalver, @Awen Thomas, @Greg B., @Al Wilson  Sorry for the delay in responding.

The company is NCC and the contact is David Goldenberg, we are unable to post contact details please contact me direct.

There are no other fees above the 10% of the funded amount, if no funding no fees.

Good Luck building your business credit.

MarZia