All Forum Posts by: Account Closed

Welcome to BP @Miguel Rosario. I would be interested in anything off market. Thanks.

@Sofia Raj

A lot depends on your price points and your expected ROI. Only warning thats not really a warning more of a heads up. Pay attention to the county lines and school districts. I grew up in Central Florida and am a lifelong resident. Multiple neighborhoods I grew up in were dissected by county lines and a couple houses over could be a completely different school district. In some areas especially Orange County this will make a big difference. Let me know if I can answer any other questions for you.

@Naba Tumurbaatar

I would talk to @Ryan Kopczyk at Southeast Professional Title. I have sat down with him and the attorney at the office about what to look for and they can help answer any questions you may have.

@Samantha VanNorman

I have done all the ways you have mentioned. Its going to be a little of everything. The best thing to do is pick one go after it and get your phone ringing. Every phone call is going to be a different situation and you will gain something different by each one of those conversations. Just like every post on here you will learn something you may not have known before. Besides what @Dev Horn said which is great, having confidence through what you learned over the phone or in person will only make the seller feel more comfortable.

Welcome to BP @John Reynolds! Let me know if there are any questions I can answer for you.

Welcome to BP @Marjorie Martell

I could go on for a long time about this, but I will be brief. I have wholesaled hundreds of properties in Central Florida. I myself have moved away from it as I think the market here has become over saturated with wholesalers that have no idea what they are doing. A lot of them contract houses at list or above and then add money on top and sling it against the wall. There is no service being provided here except for ones own gain. I have opened my own company and am going to use my knowledge to take myself out of the middle and represent clients directly to the sellers. 

As far as legalities go. It is 100% legal in Florida to wholesale. You put the property under contract and you now have the contractual rights to the property. If you are licensed there are disclosures that I had my buyers sign stating exactly what the transaction was and had them sign a no brokerage relationship form. Not having a license you can do the same exact thing as long as your company or you are on the corporate docs you can market the property as you have the contractual rights. The main issue is that people don't do there homework or know how to structure the deal and end up screwing it up. There are very successful companies in the area that do things the proper way.

Don't listen to the gurus they are out to shove info down your throat, take your money and never see you again. 

@Jay Hinrichs wrote it well above.

@Account Closed Lakeland is a great market for buy and holds and hasn't been pushed up in price like its surrounding markets. Lake County Florida, Eustis, Mount Dora and Tavares are also great cities to get houses at that price and rent well.

@Justin Runes Welcome to Bp!

@Fabio Martinez

I agree with @John Kent

inspectagator does a great job. My clients just used them and couldn't believe how in depth they were for the price.