All Forum Posts by: Greg Stetz

I’d like to know if these sorts of law professionals might be great to know for a source of leads. As a licensed realtor, I have listed homes for friends of mine going through divorce and I successfully have sold their home. This made them both so happy as the home they own together was a giant block for them in order to move on with their lives. They got this huge mortgage lien off their names, got a bunch of equity in the form of cash after the sale to liquidate any marriage debt and had extra cash to move on. I’d like to network w divorce industry professionals but haven’t approached one yet. Do you think they would be receptive? Is it legal for them? (No kickbacks Im sure). How do I approach this in a legal, ethical, and transparent way?

I’m looking for a wholesaler in Indian River county FL or Vero Beach, Florida. 

Need a hand w skiptracing. Thanks so much

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I’m from Florida. In my early real estate journey, I didn’t realize that practicing real estate without a license was a felony. I learned the hard way. Back in 2018, I received a letter from the Florida DBPR for a possible violation due to someone taking a screenshot of a post of Biggerpockets actually. Irony! The person wrote an anonymous complaint on me because I was asking about fees and getting paid on a potentially profitable deal for me because I brought the buyer. Nothing ever closed, I never made money, and so I was never found guilty or anything. It took a year for the state attorney’s office to send me a letter saying there was no case and I’m free to go. I realized I needed to get my license and it has been the best experience for me since. I warn other wanna be wholesalers etc to learn the state laws first because there are several unscrupulous people in the world of real estate investing that take advantage of newbies and have them marker their “daisychained” deals on social media etc... the law might be getting broken and can cost you greatly. I’d like to share this story in greater detail to help other do things legally and ethically. (Im not a lawyer but a licensed FL realtor). I suggest anyone wholesaling to get legal advice from a local Real estate attorney first and team up with a licensed agent that is experience first too. 

Yes. I'm a member of CFREIA (Coastal Florida Real Estate Investor's Association). We actually meet up this Thursday at Keiser College in Tradition, St Lucie from 6-8:30 (6-630 is networking). First visit is free.

Yes. It’s something Brandon Turner mentioned on a podcast recently. It resonated with me. What a great question to gain clarity.

Question for the group:

Do any of you consistently believe in and use any “rules of thumb” when evaluating a property? Such as... the 2% rule, 1% rule, 50% rule... why?

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Hey Maria. Yes - we plan on starting our weekly meeting next Wednesday. We have 5 Florida-based people so far from beginner to novice level in RE. We don’t have a Miami area connection in the group as of yet. I’d like to talk with you over phone this weekend. Also - whats your email?