All Forum Posts by: Ray Hage

I’m willing to gamble a bit. A lot of condos here have nearly doubled in price in the past three years and while I don’t know if that kind of trend will continue I definitely feel the regret of not buying one maybe 3 years ago. Hindsight is 2020 of course :)

I'm not too worried about HOA fees and special assessments, I can still afford those out of pocket even without rental income.

I have no experience with private money lending. How does it compare with typical mortgages these days?

To be clear, I’m not against financing, but since I don’t know too much about what I’m doing I feel like it’d be easier to own a property outright and get some experience with landlording to determine how much financing I’d be comfortable with after maybe a year’s worth of rental income.

Thanks everyone!

I’m thinking about luxury condos for short term rentals since I’d occasionally want to have a place I can use for myself.

With mortgage rates so high and HOA fees for many of these buildings at around $1k a month, it seems like investing in a condo in Miami is more of a game of price speculation. I prefer buying all cash, not looking to be extremely leveraged. Not sure if prices will just keep rising or if a crash is around the corner.

I have been a nurse my entire career, So Real Estate is very new to me, I have been reading books, and listening to podcasts and trying to learn all I can, but have no hands on experience, Im a little lost but I'm hoping with the Bigger Pockets Community and their expertise I will find my footing. I would be over joyed to  meet people, Anyone with advice or just to say hello pls please reply !  

 Thanks Ryan.  I looked at Ray's stats and they are impressive indeed.  Just don't get what value he gets out of threads like these if he's so successful.  If I had his experience I'd be building my business and not wasting time on a forum worrying about other people. 

Hey Chris, it is great that you are asking if it works or not I had the same question.

My story is similar to most people. I wondered how on the TV shows there where people that bought distressed homes, fixed them, sold them and made a profit, then I saw an ad on TV late at night about a program on how to flip properties, I started doing some research about that program and found out the most people were not happy about it, and the main reason is because they assign you to someone that it is not willing to dedicate the time to teach somebody that has zero knowledge of real estate. So I kept looking for a local program near my area, And this is when I found the Flip Coach program by Ryan Kuhlman, I actually went by his office to see if they had physical presences here in south Florida. After doing my due diligence I decided to schedule an appointment with Ryan.

The first thing Ryan told me was, ¨you do not need any real estate experience, and do not worry about the money to fund the deals, I will teach you from no knowledge to closing a deal¨, so I decided to jump into my real estate journey. It was the best decision I ever made.

If you are wondering if I have made money with the program? The answer is yes! Did Ryan guide me through the whole process? The answer is yes he did!

I am still working on deals with Ryan after 2 years. He has been there for me every step of the way. If you are committed on your real estate career, and this is the part of real estate you want to embark on, to answer your question at the beginning, and as a student of Ryan myself I can tell you that it works 100 %!!

Good luck!

my wife just sold a property for one of our new construction buyers.

this client also got talked into buying the property without a home inspection.

so she had to put a new roof on it new Hvac upgrade electrical panel and a plumbing issue.

the agent that sold it to her is known to us and he is a slime ball no question.

bottom line your the client you dictate what you are going to do or not do never let the agent tell you what to do..