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All Forum Posts by: Nilton Santos

Nilton Santos has started 3 posts and replied 15 times.

Post: Advice for a Newbie looking for Long Distance Investment

Nilton SantosPosted
  • Scarsdale, NY
  • Posts 19
  • Votes 8

@ Chris Grenzig So are you investing in multifamilies out of state? Florida? if so, what has been your experience so far? Thanks.

Post: Advice for a Newbie looking for Long Distance Investment

Nilton SantosPosted
  • Scarsdale, NY
  • Posts 19
  • Votes 8

@Ned Carey: Any zip codes you'd recommend in Baltimore? What kind of return I'd be looking at for 150k investment (average ofc)? 

Post: Advice for a Newbie looking for Long Distance Investment

Nilton SantosPosted
  • Scarsdale, NY
  • Posts 19
  • Votes 8

@Tom Ott: wow, 6 properties with only 150K? Those ROIs that you've quoted are for cash flow rentals, right? Any zip codes you'd recommend? 

Post: Advice for a Newbie looking for Long Distance Investment

Nilton SantosPosted
  • Scarsdale, NY
  • Posts 19
  • Votes 8

Thank you so much for the great answers. You guys are so helpful, what a great community I've found here!

Post: Advice for a Newbie looking for Long Distance Investment

Nilton SantosPosted
  • Scarsdale, NY
  • Posts 19
  • Votes 8

Good afternoon fellow BP Members...

Happy new year of 2018!

Allow me to introduce myself: I'm a new real state investor from New York. I'm interested in investing in either fix and flips or buy and holds (for cash flow). I'm currently working part-time in NYC so I've got available time to seriously devote to this new business venture.

I've got $150K in cash to invest.

I'm primarily interested in the central/south Florida markets since, in addition to investing in real state, I've also have a goal to move down there by the end of this year.

However, given that my primary goal is to achieve the highest possible ROI I'm open to consider other states as well, provided that I find 'good deals'.

So in this early stages, what would you recommend as the best cities/states in central/south Florida for house flips?

What about states? I read on some of the forums here that Cleveland, Baltimore are good cities for buy and holds for cash flow? Thoughts? 

Any other recommendations would be greatly appreciated.

So I would welcome any BP Member connections for those looking to establish partnerships. I'm open to establish partnerships with legitimate, ethical, serious, professional and dedicated partners (e.g. investment partners, investor friendly realtors, wholesalers, contractors, etc.).

Great day to all and thank you in advance.