All Forum Posts by: Rik Patel

Hi All! Just wanted to inform everyone that aside from investing in real estate, I do run my family's company of 31 years. We specialize in printing and embroidering custom apparel, uniforms, signage and promotional items for companies, universities and events around the states. We also print for companies in the Virgin Islands. I know some of you may have your own construction, title, handyman etc companies and would love to work with you! 

I'd be glad to offer special pricing to BP members so feel free to contact me directly! You may also view our products on www.arteescorp.com and www.promoplace.com/artees. Let me know what you need and I'll get you a better price than our website.

For now, feel free to check out our latest product for realtors below! It's a great marketing technique to use.

@Omar Khan @Alina Trigub What do you think about the sinkhole issue in Tampa Bay area? Tampa is known for that which is why I'm not really motivated to buy there. Would love your input! 

@Russell Brazil Is it possible to get a brokers license and still work for a broker for their experience? What if I get the license but don't intend to hire agents? I would just be using it for my own investment purchases to avoid splitting the cost with someone. Do we still need e&o insurance, etc?

@Sandra Holt @Ariel Smith

Great topic! I wanted to know your input as well. I'm currently a sales associate that has done a couple transactions with my broker, however, I'm leaning towards purchasing my own investment properties now without a broker taking a share of my purchase. If I get the broker's license, I'll use it mostly for my own purchases. However, this means I'll have to get insurance and pay more fees etc? Is it cheaper just to stay under the broker? I don't intend on hiring agents, maybe an assistant at most. 

@Nicholas White Just curious, what makes west palm beach so attractive? Also, can't seem to find any "deals" out there.

Thank you!

@Jose Corbera No problem! Do you mind going over how you read these flood zone maps? and what website you went on to determine it was in a flood zone?

@Mindy Jensen Any discount codes for upgrading right now since it's the end of the year?

@Jose Corbera Interesting to know! I'm an RE agent here in Doral so not to familiar with that area, but I do see the point you're making with Wynwood as that was a complete mess some years ago and now it's a hot area. In my opinion, I'm staying away from speculative investments because of the higher risk they have. I would just make sure your numbers work and negotiate hard on that property. By doing so, you have some cushion if the market does take a slightly fall. 

Just my opinion though!

Hi Jose, 

Just out of curiosity, what makes you think the area will appreciate in value? Are you referring to the Allapattah area?