All Forum Posts by: Steve Smith

I belonged (before retirement) to CFRI in Orlando 

@Eddie Wright

When trying to arrive at an offer price for multi family units adjust your offer price to a point that the monthly cash flow meets your requirements and your Cash on Cash Return on Investment, should produce returns that are equal too or better than if it were invested in the stock market. I want cash in cash returns better than 11 %or more per year with a minimum of $125 + per door or pass in the deal.

Make it Happen

Steve

@Jonathan Jackson

I think that maybe you should get in touch with your local REIA for the answer your looking For. Don't know the one in Tampa but the Orlando REIA is CFRI you can look it up on the Internet

Make lt Happen 

Steve

@Jonathan Jackson

I think that maybe you should get in touch with your local REIA for the answer your looking For. Don't know the one in Tampa but the Orlando REIA is CFRI you can look it up on the Internet

Make lt Happen 

Steve

@Jonathan Jackson

Equity Title LLC. Sue Fulco

119 Hillcrest Street

Lakeland Florida

@Annie Li

Not sure but if You can you might try for a 203k loan it covers purchase and repairs on  property

                 Make it Happen

                    Steve

@Carlos Arjona

The 50 % Rule States: That 50% of gross scheduled income (GSI) goes out over time to cover expenses not including debt coverage.

The 1%, 2% and the 50% rule is meant to act as a quick analysis tool, to insure the deal is actually deal. Always, I repeat ALWAYS do a full and complete analysis on a deal and  PLEASE NEVER NEVER ever purchase a property just based on any of these so called Rules.

@Amiee Thompson

Welcome to BiggerPockets, the site I consider to be Best for Real Estate on the web. You will find a lot of great information along with good and knowledgeable people that are willing to answer any of your questions.

Check out the“Learn tab above” and download a free copy of “The Ultimate Beginners Guide to Real Estate Investing”. You can listen and

follow the “BiggerPockets and the #AskBP podcast, and the forum and blog. Be sure to sign up for the weekly webinar they contain plenty of information for both the new and experienced real estate investor

Make it Happen

Steve

@Laura Perry

Welcome to BiggerPockets, the site I consider to be Best for Real Estate on the web. You will find a lot of great information along with good and knowledgeable people that are willing to answer any of your questions.

Check out the“Learn tab above” and download a free copy of “The Ultimate Beginners Guide to Real Estate Investing”. You can listen and follow the “BiggerPockets and the #AskBP podcast, and the forum and blog. Be sure to sign up for the weekly webinar they contain plenty of information for both the newand experienced real estate investor

Make it Happen

Steve

@Daphne V.

Welcome to BiggerPockets, the site I consider to be Best for Real Estate on the web. You will find a lot of great information along with good and knowledgeable people that are willing to answer any of your questions.

Check out the“Learn tab above” and download a free copy of “The Ultimate Beginners Guide to Real Estate Investing”. You can listen and follow the “BiggerPockets and the #AskBP podcast, and the forum and blog. Be sure to sign up for the weekly webinar they contain plenty of information for both the new and experienced real estate investor

Make it Happen

Steve