All Forum Posts by: Dakota Mivshek

Turnkey STR rental located in Miami. I'm the listing agent and currently also managing the airbnb on behalf of the seller. Knowing the property well and with the motivations of my seller, I'm pitching this as an opportunity wherein a buyer would have my services as a manager for 12-18 months as we look for a more opportune time to sell. See link.

Proposal - https://treasure-lungfish-bde.notion.site/1570-SW-3rd-St-Mia...

@Jay Hinrichs one heck of a learning experience for sure. And I will absolutely be filing a complaint and pushing this up the chain. 

@Jack V. Ospina , @John Karg, @Bruce Lynn, @Preston Dean thank you!

Well I just want to thank you all. Quite the saga, but the buyer finally signed a cancel and release form. 

I ended up hunting down someone to which the buyer had done this to before. The story was crazy. The buyer would ghost then file a affidavit of interest in the property and when the seller tried to sell the home at a later date with a clouded title, the scam artist would ask for $10-$20k to clear the title. Essentially a form of extortion in my eyes. 

Through a lot of documentation, I also called out the title company for never providing me a earnest money receipted check or wire transfer - I simply got a letterhead saying the money had been deposited. Which leads me to believe title was in on it too. Maybe...

More to the story, but quite the lesson learned. Thanks again all! 

And if you ever come across a John Aaron in Florida, avoid him at all costs. 

If and when the closing date specified if 4/1/24 comes and goes and the buyer doesn’t pay or show up, is the contract then null and void?

@Jack V. Ospina

Gosh. Thanks for the heads up. I just can’t understand their angle for tieing something up.

My seller would be fine just releasing the earnest money but without any consent to cancel the contract from buyer I’m not even sure where to go from here.

@Account Closed makes sense. Appreciate the thoughtful response. 

@Bill B. likewise, thanks for following this post and adding your thoughts. The lowball offer wasn't so crazy (listed at $670k, accepted offer was $620k). Low, but not absurd. 

I rec'd a response finally today, but it was "what do you mean, we are still progressing." Surely will keep you all posted! Regardless not a fun party to work with!

@Russell Brazil thank you! Makes sense.

$5k was Earnest. What is strange is I found a review of another entity of theirs where someone said they just kept ghosting and then eventually places some sort of strange lien on the property. Which seems strange why they would tie up money but nowadays the scams are pretty creative.

Hi all. Currently in a situation that I can't make heads or tails of. Would love any advice. 

So, essentially I had a listing here in Miami that was quite stale and on the market for a while. This strange company called Real Estate Express Acquisitions LLC kept emailing low ball offers that we presented but generally moved on quickly from. After some time, my seller needed anything they could get so we accepted a low offer from this group. Upon acceptance they casually slipped in that they needed me to transaction broker both sides, seller obliged.

Now we are 48 hours away from the inspection period ending and I can't get a hold of anyone. Title has confirmed that they are in receipt of the Earnest Money but despite all my efforts, I cannot get a hold of anyone on the buyer side. After some research I've found some concerning reviews for the 'group' behind this company - the Aaron Organization. 

My questions are: 

1. What is their angle here? 

2. I've sent the cancellation and release paperwork to sign to no avail.

3. How can we get out of this transaction and what do we need to be careful of? This is surely a scam but I can't figure out the angle. 

Thank you @Ryan Leake. The Type II still feels like a gray area, unless I'm reading it incorrectly. It seems like getting a type II is pretty easy if in commercially zoned area. What if it is in a SF-3 zoned area? Would getting a type II license be 50/50 or 100% possible? 

Hey @Ryan Leake Thank you for this awesome post. I'm actually a bit stuck here myself. 

So if someone where to buy a townhome/condo or one of those #B ADUs as an investment property, how would we know if a type 2 STR permit is possible to obtain? (assuming HOA allows of course).