All Forum Posts by: Connor Heim

Howdy!  I'm wondering if anyone here has flipped or rented a marina slip before?   Would love to hear.

Thanks!

In addition, she should negotiate that landlord pays all moving costs as well. Moving is a pain and it ain't cheap.

This buyer is shady. I would not allow them to move in even with a lease. You might want the money now, but it may come back to bite you in the @ss. Just my $0.02

Thanks! I wasn't sure how it worked in that case. And I agree about such properties probably not being very desirable. I'm just trying to get a full understanding of the process in all different scenarios. Cheers!

I understand that in Florida after a tax certificate has matured by two years the holder can apply for a tax deed sale. Suppose there are three certificates, one from 2013, 2014, 2015. Let's say the holders of the certificates from 2013 and 2014 have not put in an application for a tax deed sale. However the certificate holder for 2015 has put in the application to force the sale of the tax deed. Now, let's say that nobody purchases the tax deed. Would the holder of the 2015 tax certificate (the person who forced the sale) automatically receive the property deed, thus wiping out the payments are due to the lien holders from 2013 and 2014? Would love to hear from those in the know. :)

By paying cash you can often get a better deal. Then, you can utilized the delayed financing exemption to get (some of) your cash back out to utilize for your next project. Read up on delayed financing to learn more.

Congrats!!!

Howdy! I'm interested in doing some out-of-state investing in Multi-family homes and would love to hear where others are having success in the current market. I know Memphis is a hot market right now. What other markets are doing great for B/C properties? Looking forward to hearing your wins!!!

If you did this all cash you may want to look into delayed financing rather than standard refi to get all of your cash out. Search the forum if you are not sure what it is.

Alex, definitely go to the meeting. I'm just getting started now at 50. I wish I had started at 18! I'd be a millionaire by now.