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All Forum Posts by: Berea Fair

Berea Fair has started 2 posts and replied 2 times.

Post: Investment Properties Question help

Berea FairPosted
  • Real Estate Agent
  • Sarasota, FL
  • Posts 3
  • Votes 0

Okay, here's the deal: 

I had a buyer seeking a condo in a specific community. I sent out mailers and now have multiple units that could be sold in there from investors who are willing to sell but not in a hurry to sell (They want to list higher and make money, obviously)... 

I'm more interested in working with investors (rather than just doing regular residential RE) and developing some type of way to keep all the pocket listings ready to have if someone is interested in buying OR/AND finding buyers specifically for their listings. However- again - most are technically "over priced" for recent comps. :O

In this particular community, the units will be worth more soon because of a newly developed multi million dollar complex that's going up across the street with access to amenities...also, the rental restrictions aren't crazy and most people are doing airbnb's and our area is hot for people vacationing. If I had the money now, I'd buy one because I know it will be a good investment.. Any unique ideas how to market this to people?

Post: Newbie here in SWFL!

Berea FairPosted
  • Real Estate Agent
  • Sarasota, FL
  • Posts 3
  • Votes 0

Hello everyone!

I am a licensed Real Estate Agent in Sarasota, Florida. Looking forward to connecting with some people here. Anybody else in the SWFL area?

Also wondering:

1. Does anyone know how to find out who in my area is an AirBnB host?
2. I am considering getting my property management license to manage homes in my area for those out of town half the year... pros/cons?
3. Has anyone ever heard of investors lending money to home owners to increase property value with renovations and then paying back investor with interest on their loan when their home sells? Is this a thing? I think it could be incredibly risky and maybe dumb, but just curious if this is a thing.
4. Does anyone deal with REO bank homes exclusively? How do you get in with banks to do that?

Thank you!