All Forum Posts by: Pedro Alvarez

Hello,

Looking for recommendations for home inspectors and real estate lawyer in Coral Gables area.

Thanks

Hello,

Looking for recommendations for home inspectors and real estate lawyer in Coral Gables area.

Thanks

Hello,

We are moving to Miami in October and are looking for contractors or advise if anyone knows a contractor they have worked with and liked. We are getting get a fixer upper to remodel. We are hoping to do a slightly nicer than normal flip. For personal use, not for rental investment property. 

Thanks, 

Hello, 

We are moving to Miami in October and are looking for a real estate agent familiar with real estate investors. We are hoping to get a fixer upper, remodel, use it for 2 years, and sell 2 years later. 

Things that are important- lot size, ARV for remodeled properties in the area, advise on contractors if any, avoid flood zones

Thank you

@Corby Goade Thank you!

My spouse and I started buying multifamily properties in New Haven, CT a few years ago. We currently have two small multifamilies, total of 5 units. We are always debating whether it is better to put our money toward growing and buying more properties, vs maximally renovating the two we already have. They are old houses (like everything in New Haven) and no significant deferred maintenance, but things like adding AC/mini splits, parking spaces, in-unit laundry would definitely increase our rents.

I'm inclined to grow the number of units first, then renovate as needed to maximize rents later, when we're closer in our lives to using the cash flow for ourselves.

My spouse is more inclined to add all the extras to maximize rents now, and go slower buying new properties.

Can anyone weigh in on either side?

For a bit of context, we are lucky to both have stable high paying jobs so we are able to save enough from our W2s for a new multi family (down payment and renovations) each year without touching the real estate income (which is not too much at the moment but it all sits in a bank account for emergency real estate maintenance issues and deferred maintenance) 

Thanks!

@Bharath Raj, Interested to know how it all worked out 5 years later! Hope to hear from you. Looking forward for insights and lessons learned. 

I have a condo in downtown LA that I'm considering marketing as a corporate rental. The building HOA has a restriction on STR under 30 days but terms over 30 days are fine - so I was thinking of medium-term corporate rental.

Does anyone have suggestions of who to contact to market a corporate rental? I know there are agencies that do this, are there any you would recommend?

We have an offer accepted for our first investment property! And now the rehab begins...it’s a triplex in New Haven that we’re planning to house hack and needs a good amount if work in kitchens, bathrooms, and flooring.

If anyone has suggestions for contractors in the area or has rehabbed properties in the area would love to connect!

To clarify, this is for homes not comercial.

Looking into single family real estate in Miami area and need an inspector for different houses

Thanks