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All Forum Posts by: Bill Walsh

Bill Walsh has started 7 posts and replied 16 times.

Post: central florida contractors!!

Bill WalshPosted
  • Real Estate Investor
  • osteen, FL
  • Posts 32
  • Votes 0

Hey lets get together. Right now I don't havew many properties but expect to pick up in the next year
Xcept my phone was stolen today so I will be out of a phone till the weekend at least

Post: R U a good lender?

Bill WalshPosted
  • Real Estate Investor
  • osteen, FL
  • Posts 32
  • Votes 0

Hello
I will frequently find a deal where It would not be able
to end a lease relationship . I know that is what he told me as he has a prejudice's will we sure 60 dates u0 706

Post: R U a good lender?

Bill WalshPosted
  • Real Estate Investor
  • osteen, FL
  • Posts 32
  • Votes 0

Hello all
I am l;ooking for a fast and efficient lender. I am in Orklando area and need to have a fast money lender that will not rip me off with fess and commissions!!! I plan on doing much business in 2007 and want to be able to finance with little difficulty and little cash at closing
If you can produce this I can give youo some dewals to do
Let me know If you are in on this...
Bill W

Post: central florida contractors!!

Bill WalshPosted
  • Real Estate Investor
  • osteen, FL
  • Posts 32
  • Votes 0

I am investin in Orlando/Sanford area an need a wholesale contractor to fix properties for me. I expect 10-15 properties in 2007. I need somreone I can trust and will not charge full retail price for their services
let me know if that person is U
Bill W

Post: central florida

Bill WalshPosted
  • Real Estate Investor
  • osteen, FL
  • Posts 32
  • Votes 0

Hello
I am doing just about anything to be able to find a group or individual that can provide a stream of rehads, foreclosure, preforclosures etc for 2007
let me know if you know any organization in Central Florida that can help me accomplish this

BW

Post: tracking system?

Bill WalshPosted
  • Real Estate Investor
  • osteen, FL
  • Posts 32
  • Votes 0

well this would be a good place to usesomemof my sofftware skills BUT I realistically do not have timemto develop this right now...but in the future possibly. Just on a talking spree

Post: Florida Real Estate

Bill WalshPosted
  • Real Estate Investor
  • osteen, FL
  • Posts 32
  • Votes 0

I have been in the central FL area for 20 years. I have been investing for the last 10. I have made bunches of money the last few years in addition ot working a full time job. I am wanting to go full time investing but I am watching the market. I believe the coasts are expperiencing the same "over built" senerio. But keep in mind that the builders have slown down and or stopped all together. True the investors have run to the stock market now and the housing inventory has increased.
The things to remember in FL is this

1) Coastal property is vertually inattainable for the masses. The cost of the property (just a lot could cost you close to 500k-2mil depending on where)
The insurance is outlandish !! And the property values have increased taxes substantially.
2) Any off beach area is a much better bet, if only 2-3 blocks
3) A possibility for living on the beach is a condo, the insurance problem is taken care of. But they are not cheap either
4) unlike other markets throughout the US, Florida still has people coming here in droves. The census bureau projects over 20 million new residents in the next 20 years. FL will be the 3rd most populated state in the nation by 2011. That will mean that housing prices will not be as negociable as you might want to think.
5) the other part that is against most people who come here, is that the wage scale in fl is less than northern states yet the cost of living is equal to if not more. But we will never have state income taxes!
Currently Ocala is on the grow and values are on the rise. i have a coworker who just bouoght a beachfront condo in cocoa beach fro about 280K. it is a real nice place too
Well good luck Yo9u will be one of those 20mill who will be coming here .
I just need to retire so i don't have to drive these road no more!
Bill

Post: Extra money at the sheriffs sale

Bill WalshPosted
  • Real Estate Investor
  • osteen, FL
  • Posts 32
  • Votes 0

I had a house forclosed on and the bank was paid, the sherriff was paid and I acyually recieved a small amount

Post: Sound off-Where is everone located-Let,s network

Bill WalshPosted
  • Real Estate Investor
  • osteen, FL
  • Posts 32
  • Votes 0

I am in central florida and am looking for some deals. It has been tough here the last 18 months. (If your looking to buy, not sell). I have 8 rent5als and am finishing a rehab, will be looking for ANOTHER ONE. Anyone out there have any?
Bill W

Post: Are REOs worth it?

Bill WalshPosted
  • Real Estate Investor
  • osteen, FL
  • Posts 32
  • Votes 0

I have actually gotten this done twice now. The things that seemed to influence the lenders is credit worthyness and proven track history of being able to perform to the expectations.
The main concern that lenders have is that the property will again end up in default. If you are able to give them a good plan as to what you will do when, this is what they are acceptable to.
The only thing I have found in Real Estate is that it is constant flowing like a river and the conditions change. Why you seem to be getting confused is that you hear different things froom various sources, and they ALL may be correct, in that instance.