All Forum Posts by: Steven Torres

Hey BP community.

I have invested in the past in Buy and Holds, Fix and Flip, etc. However, I have never invested in Short- term rentals. I'm looking for a partner to find a good deal for one of my clients or something for myself in the future. 

Thank you!

Dear Ryan,

I hope this message finds you well. My team and I specialize in helping out-of-state investors like yourself diversify their investment portfolios. Given your diverse portfolio that includes multi-family units, office space, commercial buildings, and land throughout Michigan, we believe that Florida could be an excellent addition to your portfolio.

Florida has a thriving real estate market that has consistently outperformed national averages in recent years. With its rapidly growing population, strong job market, and attractive tax incentives.
Whether you're interested in acquiring new commercial developments, expanding your multi-family portfolio, or exploring opportunities, we can help you identify and evaluate potential investments that align with your investment goals and risk tolerance.

Thank you for your time and consideration, and we look forward to the possibility of working with you in the future.

Best regards,

Steven Torres

Hey Exavier. 


If you are seeking your first off-market deal and wondering how to approach the owners of a property you are interested in, there are several strategies you could consider. One approach is to send a direct mail campaign to the property owners introducing yourself and your interest in purchasing the property. Your letter should be clear, concise, and include information about your experience, financial capacity, and reasons for being interested in the property. You could also offer to meet with the owner in person or by phone to discuss the property and your proposal further. Another option is to work with a local real estate agent or broker who has experience in off-market deals and can help you develop a customized strategy for approaching property owners. By working with an expert, you can leverage their network and expertise to increase your chances of success in landing your first off-market deal.

Hey Chris!

     While I am not personally aware of any websites that specialize in multi-family listings for Jacksonville and Portland, I suggest checking with the county clerk's office or visiting their official website. The clerk's office maintains records on all property sales and transfers in the county, which can include multi-family properties. You may be able to access a complete list of available properties or search for specific addresses of interest. This can be a valuable resource for obtaining accurate and up-to-date information on available multi-family listings in the area. This is if you are looking for off-market properties. 

Kind Regards,

Steven

Hey @Damon Raynor!

First I want to Congratulate you on the Investments you have accomplished already.

1) I will always recommend using a business entity whether is a SFH, Multi, or commercial for liability purposes.

2) Financing wouldn't be a bad idea if numbers make sense. With Private money, There is definitely more meat in the bones but it comes down to the risk factor.

3) Mixed-Use BRRR is a niche that not a lot of people coach. I would recommend researching them separately. Find a Mentor for Mixed Use and a Mentor for BRRR.

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $158,000
Cash invested: $20,000

SFH Winter Haven, FL

Hey @Vijay G.!

I definitely agree with @Abel Curiel. Your Realtor will have to be a investor friendly agent. Being able to run #s and have a good eye for deals.

I personally have done a BRRRR strategy and have helped out of state investors do the same.

Best of luck!

Hey @Caleb Barbosa.

As of right now, Central Florida is one of the best places to invest, you get more for your money than you will compared to South Florida.

House Hacking is definitely a great strategy to get started in RE investing. I would recommend reading the following books;

Millionaire Real Estate Investor by Gary Keller - This book is all about reverse engineering your goal a breaking it down by steps.

The E-Myth by Michael Gerber- RE Investing, construction, development, property management, etc. 

Best of Luck!

Hey @Ricardo Lay.

Picking a brokerage is definitely a big step towards the RE career. I suggest you interview a few of them and compare them. I work with EXP Realty and my experience has been very pleasant. 

Best of Luck!

Hello @Ashanti Kouna!

Welcome to the BP community.

House Hacking is one of the most powerful strategies in RE for gaining property management experience, acquisition, etc. 

You are definitely on the right track to gain financial freedom in the near future.

Best of Luck!