All Forum Posts by: Vana G.

@Robert Zavertnik not yet.  I'm taking my time studying and will revisit this when I pass the exam.   Sorry I can't be of more help!

Our meeting last night went great!  Our guest soeaker was highly experienced and informative!  I was also please to meet some new BP members there.  Thank you to all who attended! 

We are already planning our next meeting and will be posting future notices as Hollywood Meet-Up.  Hope you can join us for the next one!

Have a great day! 

Hello again Everyone!  

In effort to bring better educational and networking opportunities to our local members, we are now merging into "Hollywood Real Estate Investing Group" headed by Aaron Karger.  Aaron is an Attorney practicing Real Estate law for a local prominent law firm, and has strong ties in the legal and real estate community.  

Our next meeting will be held Wednesday, 8/13/2014 @730pm at Lola's on Harrison in Hollywood, FL.  

Aaron has arranged a guest speaker, Bob Kinzer, Chief Financial Officer with over 30 years of experience in both public and private companies of all sizes, with a concentration in real estate finance and investment. Mr. Kinzer will be speaking regarding financial analysis of multi-family and commercial estate investment including but not limited to determination of CAP rate, cash on cash, and gross rent multiplier.

This event is not sponsored by BP and is free to attend. Space is limited however, so if you are interested in attending, you will need to register on meetup.com and confirm your attendance.

I would like to thank all the local BP members who supported the beginnings of our Davie/Group, especially @Chris M. @Joe Pita  @Raymond B. ; and also for sharing in my vision to make this time together the most educational and beneficial possible.   

Hope to see you there!

Vana G.

Opportunity Investment Realty, LLC

@Jose Diaz See above.

Jose,

1.  Forgive yourself, move forward. (Pa' lante! As they say in Hialeah).  

2.  Take a different route than the one already traveled.  Think POSITIVE CASHFLOW.  (Read Rich Dad Poor Dad and Cashflow Quadrant, sorry @Joshua Dorkin ).  $425 monthly payment to start investing=negative cashflow.

3. $425 on a 10k personal loan seems really high!  Many companies are looking to make good money on your situation if your eager enough.  Sounds like a recipe for redisaster.

4.  Look around, sell stuff on craigslist, raise $1k in cash.  If you haven't used it in 6 months, GUIZO! (Meaning: finger across the neck, it's out of there!)

5.  Use the $1k cash you got from selling your stuff on Craigslist to open a $500 bank CD and $500 secured credit card.  Then pull out a $500 loan off of your bank CD and you will now have access to your cash paying back only interest to use ur money.  Why pay someone to use your own money?  Because you will now be rebuilding your credit with a secured credit card account and an "Installment" loan secured by the CD and best part is NO $425 payment.

6.  Get some business cards. $30 at fedex.

7.   Go outside knock on your neighbor's door, introduce yourself, tell 'em what your looking to do (preferably in Spanish) and tell 'em YOU ARE NEW AND NEED HELP finding properties.  "CAN YOU PLEASE HELP ME?"  Hialeans are known for their sense of community and trying to help each other out.  I'm sure you will be surprised by the response you get from your neighbors, for free.  I once knew a lady in Hialeah who would open her kitchen window at lunch time and make and serve colada to her neighbors walking by.  She knew all her neighbors and was the "water cooler" of her building.  You can also identify such a person in your building and neighborhood and ask them to help you spread the word.  Out of pocket to you = 0.  (NOTE: The important part about this point is knowing yourself what you are trying to do and if you don't yet it's ok, just keep learning about wholesaling). 

When you are done with your neighbors, at the very least you will have gained confidence to work other areas in Hialeah.  

Hope this helps!

@Aly W. Thanks Jose, will do!

C u then!

Thanks, I'll add you on.  See you then!

@Chris M. @Joe Pita @Raymond B. @Aly W. @Tim L  @Jason Forbes @David Stephens @Mitchell L.

Hello all,

This is the new thread for our meeting next week.  The meeting is on as scheduled.  We are again having afternoons with serious electrical storms here in Davie area, but I am crossing my fingers for good weather that day.   If not I may need to change the location of our meeting but ill be in touch. 

Thanks and see you then!

@Mitchell L. @David Stephens 

Hello, yes please do join us.  This is an old thread though and a new one has been started in Real Estate Events and happenings.

Thanks!

Hello Everyone,

Due to popular request, Total Bank Commercial Lender Natacha Alexandre and partner will be attending our next meeting.  They would like to inform us of the commercial services they have available and answer any of your questions.  Space is limited so please confirm your seat with a msg or reply.

Also, our own  Chris M. Will be sharing his story and answer questions.  Chris M. has 7 years of Real Estate Investing experience in condos, single family, and most recent multifamily units; aiming towards commercial. Please join us for a most interesting evening and q & a.

Our next meeting will be: (THIRD Thursday of every month @ 8pm)

Thursday, July 17, 2014 @ 8pm

Dunkin Donuts, Conference Room,

9740 Griffin Road, Cooper City (Davie), FL 33328

FREE to attend.

SPONSORED BY: (& hosted by) Group member Chris M.

DISCLAIMER:  Although commercial lenders will be presenting and answering your questions, any selling of products will be done outside of this meeting. 

Hope to see you there!

Vana