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All Forum Posts by: Greg Stetz

Greg Stetz has started 60 posts and replied 106 times.

Post: Analyzing deals quickly?

Greg StetzPosted
  • Real Estate Agent
  • Port St. Lucie, FL
  • Posts 130
  • Votes 46

How would you suggest the best way to learn how to get good at analyzing properties (quickly)? I want to be able to eventually create my own excel spreadsheet or calc to be able to run numbers in detail fast. I know the calcs on BP are pretty good too.. should I just stick to those? Are they detailed enough in your opinion?

Post: So what's holding you back?

Greg StetzPosted
  • Real Estate Agent
  • Port St. Lucie, FL
  • Posts 130
  • Votes 46

@Frank Patalano goin for and completing my RE licensure here in Florida and asking myself how I can apply this knowledge and license most effectively to invest for myself.

Post: Calculator that works!

Greg StetzPosted
  • Real Estate Agent
  • Port St. Lucie, FL
  • Posts 130
  • Votes 46

I know of the BP calcs but I love excel. Anyone have a calc they use that they’d like to share with me? Something that can run depreciation, taxes, income, different scenarios (rent, hold, sell) situations. I’m an analytical person and learning to run numbers more effectively. Thanks.

Post: Im a tenant and I want to buy owner financing?

Greg StetzPosted
  • Real Estate Agent
  • Port St. Lucie, FL
  • Posts 130
  • Votes 46

Thanks. I guess I just have to see what I could qualify for. Im just concerned with our temporary income level. 

Post: Im a tenant and I want to buy owner financing?

Greg StetzPosted
  • Real Estate Agent
  • Port St. Lucie, FL
  • Posts 130
  • Votes 46

Thanks.  Credit is awesome upper 700s and my wife’s is too. Just one of us working full time (me) while she is being mom for now. The one income thing.. not sure about

Post: Owner financing/Lease option

Greg StetzPosted
  • Real Estate Agent
  • Port St. Lucie, FL
  • Posts 130
  • Votes 46

Wow thanks guys.@Scott Mac @Joseph Back amd @Wesley Davis

Post: Almost licensed. Investor friendly brokers?

Greg StetzPosted
  • Real Estate Agent
  • Port St. Lucie, FL
  • Posts 130
  • Votes 46

Hi - I’m looking for insight into the world after I get my license here in FL. I’m super close to passing the necessary exams etc.. I know I have to “hang” my license when that happens. However - I have aspirations to not be full time with it and stick to the investment side of things. I’d like to work locally in my market as I build my skills. I’m looking for a list of pros and cons and generally doing research on what I can do to be valuable when licensed in Fl.

Post: Im a tenant and I want to buy owner financing?

Greg StetzPosted
  • Real Estate Agent
  • Port St. Lucie, FL
  • Posts 130
  • Votes 46

Hi - I currently rent from the same landlady for a long time. We have a great relationship and the home is located in an amazing neighborhood that my wife and I love. Anyways - the landlady is somewhat of a buy and hold investor having 5 properties I know of. She is way behind on property taxes even on our home that we rent. She hasn’t made any major improvements the home besides new hot water heater and central AC unit. She is a retiree. She’s about $10k behind on taxes w our house according to county tax website. She has stated her struggles with cash and real estate. We offered to possibly buy it in Dec 2018. She replied “maybe next year”. When she presented the new lease in Jan 2019, it was a lease option type of contract w no definite price or dates as most of her leases are not extremely complicated or detailed. She and I spoke about it and she said we have first dibs as she mentioned she does get many mailers about it. She doesnt seem to be in a hurry. Anyways, wife and I prob cant go the traditional bank financing route at this time but we do have excellent credit. It is definitely a property worth negotiating down in price due to better looking and updated houses in this neighborhood. An investor pal of mine mentioned doing owner financing instead. Any help structuring this would be appreciated. I think this could be a great deal for both of us.

Post: Owner financing/Lease option

Greg StetzPosted
  • Real Estate Agent
  • Port St. Lucie, FL
  • Posts 130
  • Votes 46

Hi - I currently rent from the same landlady for a long time. We have a great relationship and the home is located in an amazing neighborhood that my wife and I love. Anyways - the landlady is somewhat of a buy and hold investor having 5 properties I know of. She is way behind on property taxes even on our home that we rent. She hasn’t made any major improvements the home besides new hot water heater and central AC unit. She is a retiree. She’s about $10k behind on taxes w our house according to county tax website. She has stated her struggles with cash and real estate. We offered to possibly buy it in Dec 2018. She replied “maybe next year”. When she presented the new lease in Jan 2019, it was a lease option type of contract w no definite price or dates as most of her leases are not extremely complicated or detailed. She and I spoke about it and she said we have first dibs as she mentioned she does get many mailers about it. She doesnt seem to be in a hurry. Anyways, wife and I prob cant go the traditional bank financing route at this time but we do have excellent credit. It is definitely a property worth negotiating down in price due to better looking and updated houses in this neighborhood. An investor pal of mine mentioned doing owner financing instead. Any help structuring this would be appreciated.

Post: Investor friendly brokerage to hang my license?

Greg StetzPosted
  • Real Estate Agent
  • Port St. Lucie, FL
  • Posts 130
  • Votes 46

Hi - I’m from Port St Lucie, FL and very close to gaining my FL RE license. I’m looking to talk to a local broker that’s interested working with me in the near future. I’m looking for a broker to hang my license with in order to be on the investment side.