"What do you mean you can't give me a loan? My credit is perfect," I argued with the mortgage officer in Florida years ago. I don't know why I argued—I don't think it's ever helped. "Yes, your credit is perfect. But with this property, your debt-to-income ratio would be too high," he said. "Due to
Like many Florida residents, I’m a transplant from the frozen north (a.k.a. New York). When I told my friends and family I was moving to Florida, they weren’t surprised at all—the weather is wonderful, the Cuban food is amazing, and I can play golf all year round. However, when I broke the news to my
I’ve lived in Florida my whole life, and have owned businesses here for nearly half my life. When people ask me what they should know about Florida, I always tell them to watch Key Largo. The plot isn’t relevant, but the good guys—Bogart, Bacall, and Barrymore—are just trying to make a living in a land
I was going through a recent report released by PwC and Urban Land Institute that ranks Charlotte fourth among the top 20 real estate markets in the U.S. As a long-time investor here, I find it interesting to watch how the robust job market in the city has supported the growth of residential real estate.
Back in early 2000, housing prices in Tampa and Miami were rising consistently. Being a new investor in Florida, I wanted to capitalize on this opportunity—invest in single-family homes below the market price, rehab them, and sell them with higher upside potential. I was working on every lead generation method in the book to get
When I moved to Florida, I planned to spend my golden years enjoying a laid-back life in Orlando. Little did I realize that my idle life would push me to start a new career. One thing led to another and soon I was a professional real estate investor, making my own hours. It’s been a
I remember in early March of this year, reading an article about Charlotte’s real estate market and how it hadn’t cooled yet. As an investor, this made me happy, but the rest of the paper had stories beginning to trickle in about the coronavirus. I wondered how that might impact the market. Now, that article—which
I was at dinner with a friend who was looking to get into real estate wholesaling here in Florida. He wanted to know what the single most important aspect of it was, and guessed that it was speed. So, I asked him to demonstrate some speed and started to reach for the check. He grabbed
A friend of mine sent me a text the other day that said, bluntly, “Is Atlanta still like it is in this show?” After a few texts, I found out she was watching some Netflix crime show and part of it was set in Atlanta in the late 70s. My response was pretty simple: no.
The Orlando, Florida area can be a great place to buy real estate—just ask Walt Disney. The park he built laid the groundwork for the transformation of this area from rural swamp to cultural magnet. Now, I’m no magic prince and I don’t build fairy castles. But, in the 20 years I’ve been flipping houses