Editorial It is with great pleasure that we have reached our 26th edition! At Business Real Estate BrazilUSA, we are always looking to provide you, our beloved readers, with the best information in the local real estate market. In the magazine this month, we present several interesting pieces, including a special piece by the Mortgage Broker favorite of foreigners, Dwight B. Kleine. Kleine, an American with a Brazilian soul, has 20 years of experience in the field of mortgage credit. In the last three years, he has served the Brazilian public by getting over 40 million dollars in mortgage credits. In his cover story of this edition, Kleine explains the reason for all his success. Undoubtedly, for those of you thinking about buying a residential or commercial property, it will be an excellent subject! Thank you, dear reader, for your valued partnership! Don’t forget to visit our Facebook page and Instagram. Of course, be sure to follow us and check out our online addition to share your favorite content with your friends and family.
@orlandorealestatebrazilusa @orlandorealestatemagazine
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“If thou shalt think anything, it shall be well with thee, and the light shall shine in thy ways.” (Job 22:28)
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STORY OF FOREIGNERS’ FAVORITE MORTGAGE BROKER
FLIP: AN ALTERNATIVE INVESTMENT IN REAL ESTATE
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FORM 5472 WHAT IS THIS AND WHO MUST FILE.
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ROTARY IN ACTION
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HIRING AN INTERIOR DESIGNER CAN BE BE CHEAAPER THEN YOU THINK
BUSINESS &
Graphic design BrazilUsa Media Group Photos July Valle Advertising (407) 680-9804 realestateorlando@brazilusamagazine.com The opinions expressed in articles signed by the contributing writers are the responsibility of the authors and do not necessarily reflect the views of the Magazine. Commercials are the total responsibility of advertisers.
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FLIP: AN ALTERNATIVE FOR INVESTMENT IN REAL ESTATE As previously mentioned, Orlando is one of the best places in the United States to invest in real estate. Located in the State of Florida, Orlando’s economy has already surpassed a trillion dollars a year. It’s no surprise that Orlando, with its tourist attractions that are continually updated with increasingly sophisticated technological components, receives an annual number of close to 75 million tourists. Regardless of whether you are talking about visitors or the economy, these numbers not only huge, but also very attractive in terms of return on real estate investments. In previous editions we have spoken about traditional investments in real estate, that is, the purchase of real estate for rental, whether annual or short term, with the objective of the income being provided by that property. We have already made
it clear that these types of investment here in the Orlando Region are quite attractive, not only for the income it produces, but also for the appreciation that has been quite attractive in recent years. Today we are going to discuss another type of real estate investment that, in recent years, has become highly sought out by people who want a quick return on investment. Today the subject is “flip” : what is a flip? Flip is a type of real estate purchase with a specific objective to renovate the property for a sale that generates a profit. Basically, flip is to buy cheap and sell for more than it was bought for, and make a profit. However, the most common form of Flip practiced here is the purchase of impaired properties, after which the necessary improvements have been made, produce a profit. Of course, this practice used by those who seek considerable and fast profits can also
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present challenges, mainly to those who are not very experienced in this real estate market. Often flipping will be more attractive and the return will be much higher the worse the condition of the purchased property. But, this is not always a 100% true because the acquisition price the location of the property and remodeling costs are also important in the composition of the final cost, all of which combined with a good knowledge of the
Market, will be decisive for a more positive result. It is important for those who want to start in this area to get the advice of professionals in the local Real Estate Market, namely Brokers and Construction Area Personnel, who can provide an accurate budget, including cost of the property, remodeling expenses, and any other costs involved in valuing the sale of the property. Doing this will avoid any unpleasant surprises, for those who are taking the first steps in this type of real estate investment. Once again we stress, investing in real estate in Orlando is a great opportunity and we at My Estate Connection is your personal Brazilian real estate agency always at your complete disposal to clarify any doubts and offer our guidance so that your investment obtains the best results.
Armando Soares Licensed Real Estate Broker US Business Solutions (321) 217-4221 armando@usbusiness-solutions.com
SALE AND RENTAL
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Rotary in Action! In February, the Rotary Club of Brazil Orlando was recognized for the 100% contribution of its members to The Rotary Foundation, in the year 2017/18, under president’s Patricia Curcovezki’s management. The Rotary Club of Brazil Orlando is currently working on the organization of the Taste of Brazil that will take place on April 27th, at I-Drive Nascar. The event will be attended by several Brazilian restaurants, bringing their food and drinks to be enjoyed by visitors. Bruna Garbin Paes de Barros, who is the current president of the Rotaract Club of Brazil Orlando and Rotaract Chair of District 6980, was the speaker on a Rotary meeting at the Rotary Club of Casselberry, to promote Rotaracts and encourage the formation of new clubs.
Rotary meeting held at Gilson`s Restaurant.
On February 16th, the Interact Club of Brazil Orlando, which is represented by President Fernanda Garbin Paes de Barros, met at Peaches Dance Studio to attend a Zumba class with brazilian music organized by Bruna Garbin Paes de Barros for the collection of food to the “Orlado Union Rescue Mission”, an institution that shelters homeless people and provides assistance to people in need. Patricia Curcovezki, Ron Janssen and Cacilda Garbin.
Participation of the Interact Club during Zumba Benefit at the Peaches Dance Studio.
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Matéria de Capa
Dwight B. Kleine! The Success Story of Foreigners’ Favorite Mortgage Broker 16 BrazilUSA - Orlando Real Estate
The United States has always been a highly searched destination for millions of foreigners. However, for some years now, due to the current financial crisis that many countries are facing and the quest for a better quality of life, even more people have wanted to live and invest in properties in the United States. Consequently, the dream of home ownership or an income property has become even more common. Buying a property in Florida has become very attractive for Brazilians for a number of reasons, such as price accessibility and ability to rent properties out for seasonal stays. However, if your dream is to buy a property in the United States, it is very important to understand all of the financing and credit options. It’s in this moment, we remember our favorite mortgage broker, Dwight B. Kleine. Mr. Kleine, an American with a Brazilian soul, has over 20 years of experience in his area. In the last three years, he has been able to help the Brazilian public with 41 million dollars in financing. With such a successful track record, many wonder how has all this success been possible? With a degree from one of the most renowned universities in Florida, University of Central Florida (UCF), in Business Administration with a specialization in Marketing, Kleine started his career in tourism. Additionally, Dwight has studied in Switzerland and [traveled extensively around the globe. His knowledge about the foreign market is enormous, as he serves customers from all over the world. Always enamored by Brazil, today he has more than 50 stamps in his passport from our beloved country. All this connection with Brazil, helped the Mortgage Broker to understand very well the Brazilian “mindset�, culture, needs and dreams. BrazilUsa - Orlando Real Estate
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Dwight began his career at Resource Mortgage in 1999. Since 2013, however, he has been associated with the financial company EquitiFirst Mortgage, where his specialty is lending options for foreigners. In addition to speaking English, Portuguese and Spanish, he has partnerships with more than 30 American banks, many of which offer financing options for foreigners. Dwight B. Kleine is well-known in the market for all his kindness, trust, honesty and, mainly, his willpower to do anything necessary to help his clients achieve their dreams. In addition to his impressive feats he has achieved in the last three years, it is the testimonials he receives from his clients that show the quality of his work. In fact, many of his clients even become his friends.
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“We always need people with integrity and commitment. When we decide to make an investment, whatever it is, we think a lot, analyze, study and then decide. But doing this, especially when we do it outside our country, is a risky venture. It is at this moment that it is important to know professionals with specific knowledge in their area of expertise. That was what I found in Orlando with the company EquitiFirst Inc.. I lucked out, and I had wonderful people who went beyond expectations, specifically the unparalleled and reliable attention of Dwight B. Kleine and Carolina Coelho. I would not be able to achieve this dream if it weren’t for them. I am so thankful and pleased with their services that I often suggest them to others looking to make investments. They truly exceeded my expectations in attending my needs. Paulo Henrique Mamede, client.
“We are really happy and enjoying our vacation home in the United States. We would like to thank you for all your hard work. First, we would like to thank Mrs. Carolina Coelho for her knowledge and professionalism; she has really helped us in a special way. There were many surprises in the process of obtaining financing, but all problems were strategically resolved by Mr. Dwight B. Kleine. The best team is a team that is committed to really doing the best thing for the cliente. This was exactly what the team at EquitiFirst delivered. Thank you for helping us to achieve a dream we have had for a very long time. I’d like to share my thanks with you!” Ana Maria Videla Martins, client.
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“First, it was a pleasure to meet an American that adores Brasil. We even became friends! I have financed many properties in Orlando and I have always been very well received, with several financing options, with the best conditions! I am very satisfied with the services and the work of Mr. Kleine; I always recommend him to my friends when I can!” Carlos Portugal, cliente. All of Dwight B. Kleine’s success is the result of word of mouth, where satisfied clients recommend his work to others who are interested in the same service. The phrase “Mr. Fix It” is always said when it comes to Mr. Klein, precisely because of his persistence in trying to find the best of the best in mortgage credit opportunities for his clients. He is known as “salvation” for what many other brokers cannot do. Being an American, Dwight can often see new ways and opportunities in the market. And, because he knows how to speak Portuguese very well, he clearly passes everything to his clients.
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“In this market, I have heard many people saying if Dwight can’t fix it, no one can. This is really true! He doesn’t give up until he gets the best for his clients. He is an amazing person, with a huge heart! This part, his heart, is the differential responsible for his success. I am very proud to be a part of his team.” Carolina Coelho, Mortgage Loan Processor. Additionally , Dwight B. Kleine is also at the top of Florida’s top list of brokers, considered a “Prefered Lender” by many American builders and Brazilian entrepreneurs. By understanding the language and all the necessary Brazilian documentation, he can help in every process from beginning to end. With his vast network, in addition to customers from all over the world, realtors from all over Florida turn to Dwight to meet the needs of their clients.
“I feel really safe in recommending Dwight Kleine to my clientes. He is an extraordinary professional who is very dedicated. From the start, he establishes clear communication, maintaining 100% transparency with each client, regardless of financing type. His dedication to clarifying all doubts and commitment to meeting everyone’s requirements, is coupled with his many years of experience in financing, makes him unique in the industry. I know when I send a client to Dwight, he’s in good hands. He and all his staff are fantastic! “ Roberta Holanda, Realtor “I have known Dwight for more than five years. Professionalism and mastery in what it does brings security to the buyer when deciding to purchase a financed property. I always recommend it to my clients. Always solicitous, this Brazilian with a Brazilian soul is simply the best! “ Raquel Batalha, da CASA Orlando Properties.
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The work of a mortgage broker consists of taking the profile of each client and matching it with the financial partners who can offer the best conditions for financing. According to Mr Klein, traditionally, in the case of many Brazilians, most people preferred to purchase in cash. Recently in the last five years, however, the scene has changed as many people have discovered there are many financing options available to all types of clients. For some people, the word “financing� is still scary. In this case, Dwight reminds them that, in addition to not having to completely decapitalize immediately, there are some ways to use the property, such as Vacation Homes for example, that can often help the debt to be paid by the rental value itself. In addition, in cases of people wishing to have fixed housing in the United States, it is much more advantageous to pay for their own property rather than rent from third parties. It is worth mentioning that for those who wish to live and have a business on American soil, the option of
a mortgage is a great choice because it opens the door to have credit in the country. Throughout the process of buying a property, it is extremely important to have a trustworthy and competent mortgage broker on your side working on pre-qualification. In this first step, the client who is interested in buying a property delivers various documents required for credit verification in American banks. With this pre-qualification in hand, the customer will know their purchasing power and can start their search process safely. Dwight B. Kleine reminds his clients that they don’t need to be in Orlando to start the prequalification process. In fact, all the necessary documents can be sent via email, and any questions can easily be responded to by phone, WhatsApp, or video conference. In the area of financing options, Dwight comments that one particularly attractive option for those who already own a property and want
Eric Papalini, President, Dwight Kleine and Wesley Bal, Vice President
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money to invest in new areas is refinancing. According to him, this option has been sought after by clients who do not want to be totally decapitalized, or by those seeking better interest rates. It is worth remembering that this process can be done for both residential and commercial real estate. Also, in recent years there has been a growing demand for financing commercial real estate, such as warehouses, shopping centers, hotels, etc. In fact, one of the last properties financed by EquitiFirst Mortgage was the Chase Building located on Orange Ave. in Downtown Orlando, owned in part by a Brazilian and refinanced for $ 7.5 million. The American with a Brazilian soul also works to participate in special projects sponsored by Brazilians. In addition to being a sponsor of “Brazilian Day”, he is also a member of the Central Florida Brazilian American Chamber of Commerce and of CASA Orlando, a site where users can find all the services needed for homes in Orlando, a “One Stop” model for other sites. With all this history you can understand the reason for all the success of Dwight B. Kleine. His exceptional work is recognized throughout Florida’s real estate market and his charisma, honesty, and professionalism are admired by everyone around him. As clients, brokers and friends say: he is the “salvation” for all mortgage-related issues in the United States.
Dwight B.Kleine
Mortgage Loan Originator Phone: 407 370 3691 Cell/WhatsApp: 407 496 3616 Skype: dwight_usa
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