All Forum Posts by: Martin S.

And when they don't like my offers, they don't sell, end up rehabbing and then selling later for about the same as I was offering. DOH!

And you think we like all these Floridians here in NYC? Every time I'm driving behind a Florida plate, I cringe, and want to run em over with my big SUV for driving so bad.

I never said I was going to live there, at least not now. NC is actually my next stop if everything goes to plan, I just like the real estate there and vacationing there.

And I don't drink coffee, coffee is really bad for you!

I'm not even making low ball offers, I'm actually making very reasonable offers just above the lowest price I believe these sellers would actually go for if they were serious sellers. Like I said, I've been watching Sarasota real estate for the last 5+ years. I've seen asking prices and selling prices all the time and look at comps all the time and I've seen houses sell for less than I was willing to pay many many times, actually all the time except for the last 2..

People don't get mortgages on 2 separate second homes at once do they?

We have our money a little split up. $70k is the highest in one bank, is that good enough?

Now the agents are just totally retarded. This other property that I was working with another agent with, wants 2 forms of ID and a utility bill for him to be able to submit an offer. My wife wouldn't agree until I asked her if I block out the DL number. So the agent called me and said it would be fine, and now he emailed me that it wont be fine and that I should look for another agent because of all the fraud in Florida! No DUH SHERLOCK, you want me to send you our drivers licenses, and you are talking about all the fraud in Florida, how wonderfully stupid in all aspects.

Anyways, I either need another agent, or perhaps tell the first agent I was working with for that $115k house that I want to make an offer on another property, and of course if both offers are accepted, I'd take both... What do I do?

No I'm not buying in NYC, the prices here are wack. I live in a 611sf studio worth $1mil, would rent for $3k (would be negative cash flow for an investor). Unbelievable! Purchased by my mom 8 years ago just over half what its worth now, and paid off already.

Even in the ghetto the prices are stupid. Some of the worst neighborhoods to raise a family, where there are gun shots daily and nightly, and murders, killings, impalement, robberies, even kidnappings with hostage situations! The prices are not that much different from decent neighborhoods. Just look at Coney Island, lol, Yes I grew up there, $400k for a foamboard townhouse (with seawater stains, and even the occasional piss stains) that will likely rent for $1500 MAX = Negative cash flow. Maybe you can get a deal in Staten Island, but who wants to drive over that $15 bridge every day, ok its $8 for residents... And we have a house in Staten Island anyway, we had enough of the driving and the boredom that we moved back to our Co-op in Bensonhurst like 14 years ago, and even managed to rent out the house for just over breakeven cashflow to a friend who still lives there today and pays rent on time, house paid off now and we even upped the rent, lol...

I'm looking in Sarasota, Florida, if your an agent that can work with me, and not be slow, or if/when you are busy at least let me know and not ignore me, then let me know... I don't call often, I prefer email, or even text. I can shoot you addresses and offer prices, and you can email me offer contracts, I sign, send it back and we can do 20+ deals in 1-2 years ;-)

Wouldn't I have to live in the state that I want a license?

Yes, as long as I can put an inspection contingency in the contact, I have no problem flying out the next day once I get an offer accepted (I have tons of miles from my credit cards)...

And like I said before, I know the area, family lives there and I've been searching properties there for 5 years. Prices seem PERFECT for me at the moment.

She got back to me, gave me some more info. I said all good. She said she will email me offer contract soon. Not bad, that's what I like, I like someone who will get the job done right away, not go for a vacation in the middle of the day while someone is trying to buy a house.

Just FYI, I'm working with another agent for another property which I am VERY interested in as well. That agent is slowww, wont answer calls, asked for my ID and utility bill for me to be able to submit an offer? Huh???

Just now I found another home I really like as well, and I called the first agent I worked with to make that $115 offer ( she works alongside that "manager" guy, so maybe this will get his attention and he will cut the BS.), so I told her I found another house I like and I would like her to make an offer for me, (since she was pretty quick to get me an offer contract last night). She asked for the MLS number and said she will research and call me back in 15...

I would buy all 3 houses if they accept my offers.

Usually all cash investors are low ballers, and they run around and make 50 offers at once. Which is what I would expect. So I'm betting there is no deal or it wont go through, and this is just a tactic to get me to go up closer to asking at $129k which wont work. In a week or 2 I will check the status and call back, perhaps with a different RE agent to make the same offer at $110k again, and if they piss me off again, I will go down to a $105 firm final offer, then move on...