Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Juan Restrepo

Juan Restrepo has started 3 posts and replied 29 times.

Post: Miami Beach Sinking?

Juan RestrepoPosted
  • Miami Beach, FL
  • Posts 33
  • Votes 13

@Madeline J. Call me 954 918 5778. I also worked for Hollywood fire rescue so I know that city well.

Post: Input please Broward Dade Condo market

Juan RestrepoPosted
  • Miami Beach, FL
  • Posts 33
  • Votes 13

@Jason Brown thank you for sharing

Post: Input please Broward Dade Condo market

Juan RestrepoPosted
  • Miami Beach, FL
  • Posts 33
  • Votes 13

@Mike Terry great question. Just bought a duplex but condos are dropping. I'll keep my eye out also

Post: My first deal, would you pull the trigger?

Juan RestrepoPosted
  • Miami Beach, FL
  • Posts 33
  • Votes 13

@Dennis M. appreciate your reply. You are all over BiggerPockets so you comment means a lot. If you were in my local area I give you a hand for free just to learn a thing or two but I really do appreciate your reply. They countered at 95k with closing. At this point I'm not sure if countering at 92k with no closing would be the solution. 

Post: My first deal, would you pull the trigger?

Juan RestrepoPosted
  • Miami Beach, FL
  • Posts 33
  • Votes 13

@Angie Shires thank you so much for your reply. It truly means a lot. The property is currently rented at that price. One unit was redone recently and these are the current numbers on the units.

It's an out of state property so I have to get an inspection on it, it was just a ballpark figure repair number. So currently I offered 90k with closing and they countered at 95k with closing. At this point I believe the deal is a no go unless I counter at 92.5k with no closing costs. Just thinking outside the box but your opinion would be highly valued.

Respectfully,

Juan

Post: My first deal, would you pull the trigger?

Juan RestrepoPosted
  • Miami Beach, FL
  • Posts 33
  • Votes 13

@Theresa Harris figured it help close the deal, the closing costs would be roughly 2800.

@Berish Edelman I marked it at 5%, not sure how much hire to make it on the conservative side. 

Post: My first deal, would you pull the trigger?

Juan RestrepoPosted
  • Miami Beach, FL
  • Posts 33
  • Votes 13

View report

*This link comes directly from our calculators, based on information input by the member who posted.

Welcome to my first deal! Asking for a friend. The location is a low crime rate with good school. I offered 85k for this duplex but they countered at 100. I made a 90k final offer based on the market value being 94k on the duplex, I'm offering to pay their closing costs also. Any suggestions would help. thank you everyone ahead of time!

@James Wise a lot more to the story, plus its fox news. Not sure how investors truly think they will get rich overnight

Post: "As Is" Residential Contract For Sale and Purchase

Juan RestrepoPosted
  • Miami Beach, FL
  • Posts 33
  • Votes 13

@John Kent for a small fee? Really John.

@Troy S.how did it go?