All Forum Posts by: Julius T.

I'll be there as well

I'm looking at a property that has been condemned due to a failed septic.  You are not allowed to enter the property since it has been condemned by the town.  How do you go about estimating the cost of repairs if you can't even inspect the inside prior to purchase?  Do you just low ball?

hard money lenders would only lend for 6-12 months if that was what you were thinking of "buy and hold."  If you wanted to own and rent out, you'd have to go through the conventional mortgage route.  

There is a reason Fed Hill and the West side is still affordable as far as the multi-family units there.  The crime rate is pretty high and each block is hit or miss.  Best advice is drive the area during the day and night and familiarize yourself with it.  Write down which blocks are appealing and which blocks makes you want to lock your doors and run red lights.  

Thanks for the offer.  One thing I am noticing looking at various properties is how to find out what the condo rental policy is.  Redfin is pretty good with the information but I question how accurate it really is.  

Just started in this journey, looking to buy beach front vacation rental property (I know - typical) to become part of my retirement portfolio and possibly my retirement home .  Looking to learn as much as possible and see where this takes me.  

I'm starting to look at a vacation rental to purchase in the east coast of Florida beach front area starting at Las Olas down all the way to Miami Beach.  I've been to Miami beach for vacation and I love the area but the $$ is fairly high compared to what you can buy as you move up north.  I'm trying to keep it under 250k with a goal of short term rental and use for a vacation once a year. Probably keep it for at least 5-10 years or longer unless the beach front goes underwater (literally).  Can someone tell me what the differences or their preferences in the beach areas north of Miami?  Sunny Isles, Hollywood, Las Olas... etc.  Thanks!