All Forum Posts by: Francis Lamadrid

its works 50% of the times

Hi

try contacting the lender;s attorney , make your offer through them 

contact the lender's attorney is your best choice 

I have experience buying at Hubzu auction properties, Occupied properties the winning bidder is

responsible for executing the writ of possession all states and county are different in the process of eviction. Normal time frame is 30 to 45 days and aprox  60 days if is contested. 

All closing are Special Warranty Deed , in which you are getting a free and clear title. Also if you choose the lender title service you get your title policy for free.

There is only 2 options for getting the occupants to leave , (1) cash for possession (2) writ of possession  court order. This case is for owner occupant.

If the property is tenant occupied , then after you receive your deed (title) you must make contact and find out if the occupant has a true lease . the following tenant act was created .

Your Rights Under the Protecting Tenants at Foreclosure Act

https://www.shra.org/Portals/0/pdf/hot_topics/Fore...

At the end of the day you will achieve full control and possession of your property

Hope all this help a little

Christopher

Usually when a lender does a lieu of foreclosure , the owner has signed is done. Only

thing to do is trying to negotiate a buy out .

Now if the owner hasn't signed you can negotiate usually the lender will pay the owner 

for the keys and move out without having them be evicted.  

Hi Andy and Kelly B

If you are talking about Key West is totally different from all other keys.

In KW occupancy rate is about 85 to 92% year round , even in the summer time

which is low season there has been high as well. Yes there's restriction regarding STR

Only some areas of town have a transient license which allows renting nightly and if you

dont have a license you can only rent 30 days min .

Hope this info helps

Cheers

Hi Everyone my is Francis I have been in Real Estate for many years have done many RE deals always trying to have a niche that allows to set  me part . 

 For over 20 years I have been active in Real estate , 20 years I have tried every single investments in the book :

Private Equity , Stocks and Bonds portfolios,Hedge funds,real estate development, commercial and residential real estate.  Of all these asset classes, Luxury Villas in prime locations have worked the best . They have appreciated more than any other investments during the booms years, yet were the most resilient in moments of crisis .

They have outperformed general real estate, hedge funds , stocks market by a large margin. They have one huge advantage theyre safe havens you will never lose your money.

 I am seeking a equity or venture capital partners to expand and lunge our business to the stratosphere. Very lucrative business in luxury vacation rentals. 43 million is the number of rental units in the United States alone $85 billion is the value of the vacation rental industry.

92% of travelers want the option to book rentals online.

53% of travelers with income > than $125,000 prefer vacation homes to traditional hotels. Zero 0 is the number of trusted brands for luxury accommodations Current listing services are outdated, inaccurate, and overcrowded. Renters expect hotel-like accommodations and owners cannot deliver.

We have the solution our state of the art platform that can innovates the vacation rental industry by optimizing the total booking experience, through a one stop -shop platform users search ,book,and explore vacation rentals with greater efficiency and ease .

If anyone here is interested or can guide to investor that would be , please let me know

Thank you and best to everyone 

Francis