All Forum Posts by: Nzinga Augusto

Hi all. I too am interested in the local Miami BP hangout. My friends are getting tired of hearing me squawk about real estate, I need some like minded more experienced folks who will squawk back at me.

Hi @Adriel Brown, where were you able to find a way to get the 2018 FARBAR?  

Hi everyone, I'm just starting off in wholesaling, and also have a full time job. I'm planning on putting up bandit signs, driving for $$ and of course calling from lists. The problem is that from 8:00 to 5:00 I cannot freely and constantly answer my phone, so I'd like to know what are ways that you may have dealt with a similar situation. My top ideas are:

1) Hire a VA to handle the initial call, give me the info, and I'll do follow up later that same day.

2) Place a Craigslist Ad for someone locally to answer the phone, take down the info and shoot me a text/email. In general, I should be able to call them back within 1 hour of getting the message.

3) Let them go to voicemail and call them back.

If paying someone else to handle the calls in some way, what is a good rate to pay them?  Is it better to pay by the call, by the hour, of a flat amount?

Thanks in advance,

Augusto

I'm new to Wholesaling, and looking for an investor firendly Title Company to work with down here in the Miami/Ft. Lauderdale area.  I've read through a few posts and have seen a few here and there.  Preferably one that you have actually worked with.

Here's my current situation:

- 40 yrs on earth, 0 years owning or investing in real estate

- 580 credit score

- South Florida (Miami Dade County and Broward County) market

- No considerable cash savings

- 90K + w2 and have a spouse with w2 as well

- Renter with no mortgage

Here are my questions:

- Does flipping makes sense for me or is BRRR the way to go?

- Should FHA loan be my first financing strategy (given that I have no current access to private money)?

- Should I just sit on the sidelines until 2019, build up my credit score and save up as much cash as possible before even thinking about deals?

Like the title says, I'm completely new to Real Estate Investing and I'm glad to have found BP.  In 2 weeks I've listened to just about every podcast and read so I'm starting to realize just how much I didn't know.  From what I hear and read, South Florida, and Miami in particular is currently not a good investment market, and I see that as a good thing for me because I need 2-3 more months of education and networking before I can even come up with a sound strategy.  Working on getting ready mentally and financially when I do come across a good 1st deal.