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All Forum Posts by: Shawn McCormick

Shawn McCormick has started 11 posts and replied 1017 times.

Post: Insurance for SFR in the greater Tampa, Fl area holding in an LLC

Shawn McCormick
Posted
  • Realtor
  • Orlando, FL
  • Posts 1,088
  • Votes 854

@Robyn Green Colleen Pacheco with Secured Insurance 407-725-3413. She is a pro, much of her business is with investors and she does land trusts, llc's, subject to's, vacant, rehab etc.

Post: Real Estate Photography in Orlando - Suggestions?

Shawn McCormick
Posted
  • Realtor
  • Orlando, FL
  • Posts 1,088
  • Votes 854

Hi @Erika Pucciarelli as a Realtor®, I have several photographer referrals. Depends on your budget, location and if you want drone footage, ability to virtually stage it with furniture, do you want/need Matterport etc. Obviously if you need the services of a Realtor®, I would be happy to consult with you on that as well.

Good luck!

Post: REIA Meetings - Orlando, FL

Shawn McCormick
Posted
  • Realtor
  • Orlando, FL
  • Posts 1,088
  • Votes 854

@Luis Sanchez Rodriguez meetings are still online as of right now. I believe we’ll be meeting in person starting in June. The main meeting is the first Wednesday of the month and there are about 20 sub group and county meetings. Check out CRFI.net for more information and membership.

Post: Recommendation for a lender on legal non-conforming property

Shawn McCormick
Posted
  • Realtor
  • Orlando, FL
  • Posts 1,088
  • Votes 854

Absolutely, I love connecting people and it’s always a bonus when hearing back that it went well. Thanks and good luck!

Post: Best Investing Location in Central Florida

Shawn McCormick
Posted
  • Realtor
  • Orlando, FL
  • Posts 1,088
  • Votes 854

@Kristin Synnott Orlando as a whole is growing very rapidly and it's hard to go wrong anywhere in the Metro area. You said you travel a lot, is that by air (I assume?) So would a location that is within a reasonable commute to MCO be good for you? Lake Nona is fantastic and the growth is tremdous and moving toward the Coast with the new area called Sunbridge. You would be fine anywhere near the UCF campus or even the Hunters Creek area if you want commutes under 30 minutes. Clermont, Winter Garden and even Apopka would be good choices for building appreciation and still have a good commute.

Your budget may determine what areas are going to be attractive enough, but the rental market is always strong here, so I wouldn't put too much weight on that for now since you plan to live in it for a couple years first.

Always happy to chat, just message me and we can set something up and see how we can help you plan or take action now! Good luck.

Post: Need Help With Property Finding

Shawn McCormick
Posted
  • Realtor
  • Orlando, FL
  • Posts 1,088
  • Votes 854

Hi @Niecyy Louis are you trying to do 'arbitrage'? I know a few people who are doing this successfully, but it does have challenges as some others have pointed out. If you are only trying to do it with apartments, you will likely be hard-pressed to find a complex that will allow it.

This works best when the market has an abundance of units and sellers have a tough time finding good tenants. You can offer a longer term lease, offer to make improvements to the property etc in exchange for flexibility in the lease terms to allow you to sublease. However, given the current climate of real estate, this may be tough to find.

Post: Recommendation for a lender on legal non-conforming property

Shawn McCormick
Posted
  • Realtor
  • Orlando, FL
  • Posts 1,088
  • Votes 854

@Christine Zharova Try Terri Hatfield-Dull 407-697-4226

Post: Looking for a reliable Property Manager in Orlando, FL

Shawn McCormick
Posted
  • Realtor
  • Orlando, FL
  • Posts 1,088
  • Votes 854

Hi @Win Thu I have a few great PM referrals for you depending on location and type of property, STR/LTR. I'll send one in a message to you. As far as Davenport area, it is growing rapidly. There are about a dozen builders in the area for new construction and has dozens of communities zoned for both short term and long term rentals. You won't find much at all in multi family there, actually we are very tight with supply in all of metro Orlando.

STR are back and booked up pretty solid for the foreseeable future, that may be an option for you. For long term, it may be tough to cash flow, but you can find some. You will find many of the existing home are dated, but still going for top dollar due to low inventory.

Let me know if you need anything specific that I can help with. Good luck.

Post: Short Term Rentals in Florida

Shawn McCormick
Posted
  • Realtor
  • Orlando, FL
  • Posts 1,088
  • Votes 854

Hi @Nate Monson I would be happy to talk to you from the perspective of a Realtor®. I have and am currently helping several BPr's with the purchase of STR here in Orlando. There are lots of variables and conditions to consider and we can talk thru risk vs rewards, potential income of different types of properties, timing, budget, and all the fun stuff.

Feel free to reach out anytime! Good luck.

Post: Insurance for rental property in Florida

Shawn McCormick
Posted
  • Realtor
  • Orlando, FL
  • Posts 1,088
  • Votes 854

@Carlos Juarbe give Colleen a call at Secured Insurance 407-725-3413. She is awesome and understands the investing side and creative deals, flipping and everything we do and need.