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All Forum Posts by: Brandy Fowler

Brandy Fowler has started 5 posts and replied 8 times.

Post: Looking for Cash Buyers who buy in S FL

Brandy FowlerPosted
  • Miramar, FL
  • Posts 13
  • Votes 2

Hi there,

If you are interested in off market, discounted property opportunities in South Florida please let me know or private message me. I'm looking to connect with cash buyers.

Thank you.

Hi Rik, thanks. I will definitely keep that in mind in the future. This property has more structural code violations. Not sure if I can even buy it.

Post: Seeking great role models

Brandy FowlerPosted
  • Miramar, FL
  • Posts 13
  • Votes 2

Hi everyone!

 I'm looking to connect with successful real estate investors and those who transitioned out of to corp job to become a business owner in general. 

I have skills in HR (over 15 years) I'm a trained coach and Reiki master and more. Willing to partner and share. Looking for 15-30 minutes to learn from your experience. Please pm me if you're open to convo. Many thanks!

Brandy

Hi Everyone,

I'd appreciate any insight you have based on your experience. I found a property that has code violations. The owner had a disgruntled tenant who called the city and reported various violations. The owner says they were not aware of any violations, even when they purchased the property years ago.

Can you still buy a property with code violations? Can violation fees be negotiated?  Any tips on how to best proceed?

Many thanks 

Hi everyone! 

I'm very close to getting a contract for a multi unit property and I believe its a good deal.  The property is owner occupied.  One unit is on month to month, while the other unit has tenants under lease which started on 2/2018.  The thing is, the original seller doesn't want the tenants to know he's selling until everything closes.  He told me he doesn't want anyone contacting his tenants.  I think he is afraid to spoke them in case the deal doesn't go through.  Is there anything I should make sure is stated in my purchase agreement with the seller or in the assignment contract I provided to the new buyer?   The original seller is already asking questions about a estoppel in the contract and contacting tenants .  I told him if he supplied the information, that would be okay (right?).   We  haven't signed yet so I can make updates to the contract. 

Also, how do I best show the property to potential buyers under these circumstances?

Thank you much from a newbie trying to learn from the best!

Brandy

Hi new friends!

I've been reading the forums on ARV and adjustments - great info. However, with South Florida being such a hot and speculative market, I wanted to know if any of you have more specifics on how you calculate ARV? I have a multi unit in Broward County, that contains a 3/2 and 2/2 with comparables having two 2/1 units. Also are you finding that investment formulas that discount 70% for investors work here? I'm thinking its higher like 80 - 85%. Looking for some help. Thank you.