Real Estate Investment Opportunity
My name is Leonel Dorta. I reside in Weston, Florida.
I am a proven, successful real estate investor who purchases, refurbishes, and resells properties located in Dade and Broward counties. Past Real Estate deals to be given upon request.
My approach to real estate investing is highly disciplined. Specifically, the properties I buy:
- are single family residences (excluding condominiums)
- have a purchase price of no more than 70% of their estimated resale value;
- can be resold for $250,000 or less;
- require no more than $30,000 to $40,000 and 2 to 4 weeks to refurbish;
- are sellable within one to three months after refurbishment; and
- are not subject to oversight by Home Owners Associations.
I utilize highy effective marketing techniques that consistently create more opportunities to purchase properties than I have the funds to complete. Consequently I am seeking qualified investors to allow me to capitalize on these opportunities.
The Real Estate Market in Dade and Broward Counties
South Florida real estate activity and prices are trending upward as the market recovers from the major downturn in experienced in previous years, as noted in the following excerpts from a September 2013 article in the Miami Herald:
“Juiced by foreign buyers and investors, South Florida’s housing market registered strong gains in September.
The median price of a single-family home in Miami-Dade County jumped 18.4 percent in September to $225,000 from $190,000 a year earlier, according to the Miami Association of Realtors.
In Broward, the median price for a single-family home jumped 31.7 percent in September to $270,000 from $205,000 a year earlier, and was up 18 percent to $104,999 from $89,000 for condos and townhouses year over year, according to the Greater Fort Lauderdale Realtors.
Miami-Dade/ Broward County — ground zero during the real estate bust — has now chalked up 22 months of year-over-year price increases for single-family homes.
Sales of Broward single-family homes rose 13.4 percent in September to 1,211 from 1,068 a year earlier, “Everything is still trending up,” said Stephen B. McWilliam, president and broker at Florida StateRealty Group in Fort Lauderdale and immediate past president of the Greater Fort Lauderdale Realtors.
Cash continues to be king: 71 percent of Miami-Dade condo closings in September were cash deals.
Single-family homes in Miami-Dade took a median of 41 days to sell, compared with 42 days a year earlier.
In Broward, amid tight inventory and robust demand, the median period to sell a home was 27 days, down from 42 days in September 2012.
My Approach to Finding Profitable Real Estate Opportunities.
I focus on four niches within the single family home market in South Florida and conduct direct marketing Campaigns to property owners in these niches. To control quality, the confidentiality of my lead sources, and costs, all mailing is performed in-house by me and my staff.
I operate a website, Buycashhome.com, and use this site to market to potential sellers of properties that fit my criteria through the use of internet methodologies including search engine marketing
Projected Returns for Investors
I prefer to partner on a property-by-property basis. Individual property investors can expect a return, not to exceed 50% of the net profit derived from the resale of the property.
I am open to negotiate a flat percentage rate for funding my real estate deals.
I am also willing to discuss the possibility of funding a corporation with a pool of funds to invest in multiple properties at the same time. All investment principal would be protect by a holding a first lien position on the property.
Contact Information
Leonel Dorta
Phone: 954-543-1566
Email: Leodorta@buycashhome.com
