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1 July 2024 | 7 replies
(Florida’s insurance scares me.) if your intent is to avoid state income taxes.
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3 July 2024 | 12 replies
My main question is for condo-purchasing: If I purchase a condo in let's say Brickell or Wynwood, could I say it is more likely to rise in value long-term (15-20 yrs) vs. a duplex in Miami shores?
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3 July 2024 | 24 replies
My last purchase is up over $540k over purchase and rehab costs.
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3 July 2024 | 3 replies
If “wholesaler” (used in the sense of contract flipping, not people who close on purchase and resell) were required to disclose in writing to home sellers that they are not purchasing the home, are only trying to “flip” the contract, and the sale will only close IF a buyer at a higher price can be found, would this eliminate the need (if a need does exist) for government regulations being enacted and or for “wholesalers” to be licensed real estate agents?
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30 June 2024 | 4 replies
My intentions are to wholesale them.
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4 July 2024 | 2 replies
I have an opportunity to purchase a 3/1 single family in my area.
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3 July 2024 | 7 replies
In todays market, they are most popular when purchasing a larger bundle, needing flexibility on a bundle (lower purchase prices being allowed for example), or when cross collateralizing equity as downpayment.
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4 July 2024 | 18 replies
I took a big 4 day road trip through some cities to look around these past few days and am very interested in purchasing a property to AirBNB.
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3 July 2024 | 3 replies
Investing in New Builds: Considerations and ProcessNew Build Investment Options:Build and Sell (Fix and Flip):Pros: Potential for high profits with modern appeal.Cons: Requires significant upfront investment and market risks.Build and Hold (Long-term Rental):Pros: Attracts quality tenants, potential for higher rental income.Cons: High initial costs, market fluctuations.Process Overview:Market Research: Identify high-demand areas.Land Acquisition: Purchase suitable land.Design and Planning: Work with architects and obtain permits.Construction: Oversee build quality and manage costs.Marketing (Fix and Flip): Highlight new features to attract buyers.Tenant Management (Rental): Implement thorough screening processes.Advice:Educate Yourself: Understand local regulations and market dynamics.Risk Management: Prepare for potential delays and cost overruns.If you have any other questions/just want to discuss feel free to reach out to me directly!
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3 July 2024 | 6 replies
These conditions typically protect the buyer and ensure certain requirements are met before finalizing the sale.Contingencies to Consider:- Financing Contingency: Specify that the purchase is subject to the buyer obtaining satisfactory financing.