All Forum Posts by: Chris Farrugia

I'd like to get 3 new listings in the next 60 days.  If you put yourself in the same position, what would you do?  I've expressed to my sphere of influence that this is my goal and have them keeping an ear out for me.

I really don't want to cold call as I am someone who hates getting cold calls.  I could do mailers but have found in the past that in the Naples, FL market, so many people have these places as second homes and a high portion of the mailers are returned.

So the ultimate question is, what would you do?

Hello everyone!

I'm Chris Farrugia and I'm a Realtor from Southwest Florida.  I'm really anxious to become an active participant in the forums here and love that there are so many people willing to share their knowledge, experiences and expertise to raise us all up.  Hopefully I'll be able to chime in with my own advice.

I'm in a bit of a unique experience because my background is actually in Finance and Accounting. I'm really hoping that I'll be able to help with questions on capital budgeting, ROI, IRR and the like.

Feel free to contact me with any questions you may have!

I'm married here in Florida with a stay at home mom and a 3 year old son. I bought a condo for $300k that is now worth $155k at best. We live in that condo. My wife owns a condo that she paid $155k for that is now worth around $80k. Our mortgage + HOA fees on that unit run around $1,050 a month and we have a tenant paying us $850 (so we lose $200/mo on it). My wife's condo was purchased with county assistance before we were married--they paid $25k toward the condo and that has to be paid in full (even if we short sale) in order to get out.

We have roughly $40k in the bank without any debt other than the mortgages.

I make $90k/yr in my job but desperately need out.  We need a house but simply cannot figure out how to escape this situation.

Any ideas?