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All Forum Posts by: Michel Euliss

Michel Euliss has started 1 posts and replied 5 times.

Post: RE in SW FL

Michel EulissPosted
  • Wholesaler
  • Fort Myers, FL
  • Posts 6
  • Votes 0

Thank you, Larry

Quick question; How you obtain the CF numbers on your JAX deals?...

Happy New Year to you,  Michel

Post: RE in SW FL

Michel EulissPosted
  • Wholesaler
  • Fort Myers, FL
  • Posts 6
  • Votes 0
Originally posted by @Account Closed:

Welcome to Bigger Pockets! 

 Thanks Nick!  Best for 2016!  Michel

Post: RE in SW FL

Michel EulissPosted
  • Wholesaler
  • Fort Myers, FL
  • Posts 6
  • Votes 0

Thanks Lee-

I was just asking since once I started looking into the site, I was sorta overwhelmed by the amount of info available. Figured I would start by reading some of the 'favorites' of some of the members as a way to filter the quantity. I was being lazy  : )

But you are correct- I should just make time and jump right on in!

Best to you for the New Year too! Cheers,  Michel

PS - i found some properties (co-ops but sold as sfr) through oconnect in Jacksonville... not my farmed area... suggestions on B to C areas for multi?

Post: RE in SW FL

Michel EulissPosted
  • Wholesaler
  • Fort Myers, FL
  • Posts 6
  • Votes 0

HI!  Just wondering what everyone's favorite blog is, so i can start to see what is available on BP... Want to learn, want to contribute.

Best to everyone for 2016!  Cheers,  Michel

Post: COMMERCIAL PROPERTY

Michel EulissPosted
  • Wholesaler
  • Fort Myers, FL
  • Posts 6
  • Votes 0

Numbers matter the most, but 1) look at your exit strategy if you need to do so down the road. 2) Get your rehab costs written down in concrete if subbing out to contractor or your numbers are worthless. 3) Include sufficient vacancy percentage based upon the immediate, surrounding neighborhood 1mile or less, when doing your numbers.

Plus, as a mixed use, can you get financing or can a new buyer if you sell? If not, this will impact your portfolio mix and/or exit...

Good luck!  M