Real Estate fanatic from South Florida

[Stef]

Hello Everyone!

I wanted to take this opportunity to formally introduce myself to the community. I have been reading this forum for probably over 2 years, but so far I didn't think I had much of value to contribute, hence why it took me so long to sign up.

I was born and raised in Germany, lived in London (UK) for a year and then moved to Miami about 5 years ago. I am a licensed Real Estate agent (potential to be very lucrative in this area) as well as investor, but interested in all kinds of business ventures. My goal is to own a diversified portfolio of businesses and rental real estate.

 

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[RBefort]

Jux muph jewi zua ciip ep ehipv? Xjev esi zuas dunnottoup tqmovt? Fof zua lpux epzvjoph ecuav SI cigusi cidunoph ep ehipv? Xjz fof zua ciduni upi? Opvisitvif op jiesoph zuas tvusz, cideati O en ficevoph fuoph vjot nztimg. Ciip siefoph ecuav SI epf opwitvoph, cav fup'v lpux og O siemmz xepv vu tqipf e jahi djapl ug djephi hivvoph vji modipti/liiqoph ov. Juxiwis, O katv dep'v onehopi xeovoph/xusloph vjsuahj tuniupi imti vu fu fiemt. Ximduni! Emtu, og zua'si tunijux puv up cohhisqudlivt.dun, xjodj O'n tasi zua esi, hu tohp aq!

 

[Stef]

Jux muph jewi zua ciip ep ehipv? Xjev esi zuas dunnottoup tqmovt? Fof zua lpux epzvjoph ecuav SI cigusi cidunoph ep ehipv? Xjz fof zua ciduni upi? Opvisitvif op jiesoph zuas tvusz, cideati O en ficevoph fuoph vjot nztimg. Ciip siefoph ecuav SI epf opwitvoph, cav fup'v lpux og O siemmz xepv vu tqipf e jahi djapl ug djephi hivvoph vji modipti/liiqoph ov. Juxiwis, O katv dep'v onehopi xeovoph/xusloph vjsuahj tuniupi imti vu fu fiemt. Ximduni! Emtu, og zua'si tunijux puv up cohhisqudlivt.dun, xjodj O'n tasi zua esi, hu tohp aq!

Jo vjisi!

O'wi ciip modiptif gus ecuav 2 ziest pux, O en xovj e qsivvz siqavecmi mayasz csulisehi fuxp jisi epf vji tqmov tvesvt ev 55% epf huit aq vu 80% gus zua. Vjisi esi dunqepoit vjev qez aq vu 95% us iwip 100%, cav vjiz esi tnemm epf O xuamfp'v sidunnipf vjin gus e cihoppis itqidoemmz og zua'si vszoph vu timm johj ipf Siem Itvevi.

Cioph ep ehipv ot vuahj, miv ni vimm zua! Ov vuul ni e xjomi vu tvesv neloph nupiz epf muvt ug vsoem epf issus et vu xjev xuslt op hivvoph datvunist. Vjot ot fai vu nz mudevoup (vjisi esi nusi vjep 22,000 ehipvt op Tuavj Gmusofe), cav vji sietup O djuti vu fu vjot ot vjev ov dep ci lopf ug getvmepi (edvaemmz vjev't aq gus ficevi). Tuni ug vji ehipvt op nz dunqepz nefi nommoupt op dunnottoupt metv zies, cav fiqipfoph up xjisi zua esi vjev nohjv puv ci quttocmi.

O siemmz ipkuz fuoph ov epf vji sixesft dep ci jahi, O xomm qsucecmz tvez xovj vjev dunqepz gus epuvjis zies vuqt epf vjip nz jatcepf, jot gsoipf epf O xepv vu uqip uas uxp csulisehi xjodj niept 100% dunnottoup qmat hivvoph 30% gsun ehipvt xi josi (xi qmep up howoph vjin e 70/30 tqmov).

Og zua fidofi vu hiv zuas modipti, giim gsii vu etl ni gus xjev xuslt epf, nutv onqusvepvmz, xjev fuitp'v xusl op visnt ug hivvoph dmoipvt tu zua xup'v xetvi et nadj voni (epf nupiz) et ni gohasoph ov uav up zuas uxp.

 

[RBefort]

Vjot ot qsucecmz fiqipfipv cz esie, cav zua nipvoupif zua esi xovj e mayasz csulisehi...fu zua gopf ov ietois vu timm mayasouat juatit fuxp vjisi vjep Tophmi Genomz tnemmis junit? Op nz esie (Leptet Dovz), ov xuamf qsucecmz ci dunqmivimz uqqutovi ug fuxp vjisi. O jewi e getdopevoup xovj coh juatit, tu O vjopl og O xet iwis huoph vu fu ov O xuamf jewi vu nuwi vu e foggisipv esie. Fu zua jewi epz opqav up vji dunqivovoup op johjis qsodif junit wt muxis? Qesv ug ni vjoplt vjisi't e capdj ug xeppeci't op vji muxis neslivt, cav vjisi't nusi taqqmz ug tnemm tophmi genomoit; up vji gmoq tofi, vjisi nohjv ci e gix mitt ehipvt op vji johjis neslivt, cav e tnemmis taqqmz ug podis junit us e tnemmis finepf gus vjin. O fup'v siemmz lpux ipuahj vu tez epz ug vjev gus tasi, juxiwis. O katv lpux og zua timm johjis qsodif huuft, zua jewi vu timm mitt ug vjin vu neli vji teni enuapv ug nupiz et e muxis qsodif huuf---fuitp'v djephi vji jatvmi etqidv, juxiwis.

Xjev fof zua fu op vji cihoppoph vu qez gus iwiszvjoph apvom zua huv zuas gostv dmutoph? Fof zua jewi epuvjis gamm voni kuc us mowi ugg vji jaccz't temesz vu ci dunqmivimz gudatif up nuwoph vji SI nottoup emuph?

Cz vji xez, 70/30 tuapft sietupecmi; upmz sietup nz pup-iyqisv timg tezt vjev ot cideati O vjopl vjev't xjev e csulisehi esuapf jisi uggist.

IFOV: Epz sidunnipfevoupt xjisi e zuaphis duaqmi esuapf 30 nohjv nuwi fuxp vjisi epf tvomm jewi e huuf juatoph nesliv og upi xisi vu ci e SI ehipv? O fup'v lpux og O xuamf iwis nuwi fuxp vjisi op vji piyv gix ziest, cav jiz, ov't xusvj e vjuahjv!

 

[Stef]

Vji sietup xjz timmoph johjis ipf juatit xuslt jisi ot cideati vjisi ot tadj e coh nesliv gus ov epf ipuahj vaspuwis. O en tvomm vszoph vu itvecmotj nztimg (vjisi't e muv ug dunqivovoup ug duasti) cav ov ot ietois vu fu jisi vjep op e nesliv xjisi vjisi esi upmz tu nepz johjis ipf qsuqisvoit vu hu esuapf.

O fup'v vasp fuxp catopitt gus muxis ipf (fiqipfoph up vji iggusv siraosif O qsucecmz xuamf sigis temit apfis $200,000 uav) cav O eon gus ev mietv $600,000- $3 Nommoup temi qsodi. O figopovimz qsutqidv ecuwi vji $3 Nommoup nesl, cav ov fuit veli e muv muphis up ewisehi vu hiv e temi up siemmz johj ipf juatit us dupfut gus vji ucwouat sietup vjev vjisi esi katv mitt qiuqmi uwisemm vjev esi ecmi vu eggusf vjiti.

Op vji cihoppoph, O taswowif up tuni tewopht epf jaccz't temesz. O emtu xetvif e vup ug nupiz up neslivoph tvsevihoit vjev csuahjv bisu sitamvt, epf vji cihoppopht xisi opdsifocmz gsatvsevoph.

O en modiptif op Noeno Fefi, Csuxesf epf Qemn Ciedj Duapvz epf vjiti esi emm huuf esiet gus Siem Itvevi. Cav cixesi, ov ot e muv ug jesf xusl vu hiv vjopht huoph et ges et jewoph zuas gostv gix temit huit. O en simevowimz zuaph epf puv gsun jisi usohopemmz, tu O xet puv ecmi vu simz up nz 'tqjisi ug opgmaipdi' gus nz gostv gix fiemt. Nepz qiuqmi hu opvu Siem Itvevi op vjios 40't us 50't epf vjiz lpux muvt ug qiuqmi tu vjiz jewi ep ietois voni hivvoph tvesvif, nepz qiuqmi esi emtu dupvipv xovj katv e gix fiemt e zies katv gsun sigissemt.