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All Forum Posts by: Shawn McCormick

Shawn McCormick has started 11 posts and replied 1002 times.

Post: Just getting started with out of state investing

Shawn McCormick
Pro Member
Posted
  • Realtor
  • Orlando, FL
  • Posts 1,068
  • Votes 843

Hi @Michael Speck, I am a Realtor and investor in the Orlando area. Several great markets down here if this is one of your targets. As @Erica Larence-Penna mentioned Orlando and Jacksonville as well as Tampa. Let me know if I can be of any value, feel free to reach out. Good luck.

Post: Country club membership

Shawn McCormick
Pro Member
Posted
  • Realtor
  • Orlando, FL
  • Posts 1,068
  • Votes 843

Hi @David Smith, I'm kinda with Aaron on this one, more of a corporate world type of thing. I literally live in a golf course community for 15 years and have yet to have any type of meeting on the course.

On a side note, I would love to hear about your Orlando deal. I live in Clermont and like to keep up on whats going on. I am a Realtor/Investor and would be happy to help too if you need it. Reach out anytime! Good luck

Post: Short term rental (STR) purchase: Davenport, Kissimmee, or other?

Shawn McCormick
Pro Member
Posted
  • Realtor
  • Orlando, FL
  • Posts 1,068
  • Votes 843

Hi @Quentin Moore. Please reach out to me and see if I can help. I am local to the Davenport area and have sold many homes in this area so I may be able to provide some insight and help you out.

Post: Orlando Florida Area realtors

Shawn McCormick
Pro Member
Posted
  • Realtor
  • Orlando, FL
  • Posts 1,068
  • Votes 843

Hi @Steven E., if you still need help, please reach out. I am a full time Realtor and investor. I am available to help now if you still need. If you need a great VA lender, I have a couple rockstars too.

Post: Brand new rental property investor in Orlando FL, seeking advice

Shawn McCormick
Pro Member
Posted
  • Realtor
  • Orlando, FL
  • Posts 1,068
  • Votes 843

Hi @Steven Yang, I am a local Realtor and investor and have helped several BP'ers, I am under contract now with one in fact. I would love to be able to see what I can do to help. I have some great referrals for you for agents in Seattle to help you get your home there sold also. Reach out if I can help.

Post: Disney Vacation Rentals

Shawn McCormick
Pro Member
Posted
  • Realtor
  • Orlando, FL
  • Posts 1,068
  • Votes 843

Hi @Kaseem Wisdom I live in Clermont and have helped many buyers in the Davenport/Kissimmee area both for STR and to live in. There are several really good communities that are great for what you want to do. Let me know if there is anything I can do to provide some value to your search.

Post: House Hack in St. Pete, FL

Shawn McCormick
Pro Member
Posted
  • Realtor
  • Orlando, FL
  • Posts 1,068
  • Votes 843

@Kurt Traynor I am a Realtor in Orlando and would be happy to help with your search. I have several friends that door knock the UCF/Oviedo are also, that is hit or miss these days with Covid. I rarely see any wholesale deals around there too as they just go too fast. 

Let me know if I can provide any good information or perhaps set you up on an MLS search or something! Good Luck.

Post: House Hack in St. Pete, FL

Shawn McCormick
Pro Member
Posted
  • Realtor
  • Orlando, FL
  • Posts 1,068
  • Votes 843

Hi @Julie Dorney  I am a Realtor in Orlando and do some business in the Tampa area, if you are not able to find someone, I would love to help. I just helped a fellow BP member yesterday to get a duplex in New Port Richey under contract. 

Let me know if I can add any value to your search or help answer any questions. Good Luck!

Post: New member! Looking to invest in multi-family!

Shawn McCormick
Pro Member
Posted
  • Realtor
  • Orlando, FL
  • Posts 1,068
  • Votes 843

Hi @Eric DeVito, I literally just went under contract yesterday with a client using his VA loan for a duplex just outside of Tampa (we met on Bigger Pockets too!) I mostly service Orlando, but Tampa has more multi family properties. Both cities are great, but pricing is inflated due to very low inventory and it is super competitive (we made 3 other offers, over asking price and still got beat out).

One cautionary note would be that we have a moratorium on evictions right now, so if you purchase a unit that has tenants, in Florida, you must honor the current lease. Overall, they are paying, but that is an important part of your due diligence making sure you vet the tenant and the current lease. Many tenants are also making it difficult to view properties and lots sellers are wanting an accepted offer before you can even view the property.

Keep in mind, that using your VA benefits means you have to occupy one of the units, so you also have to find one that has at least one unit available. I would love to help you or answer some questions about Orlando etc, feel free to reach out.

Post: Wholesaling in Orlando FL

Shawn McCormick
Pro Member
Posted
  • Realtor
  • Orlando, FL
  • Posts 1,068
  • Votes 843

@Alex Klein, Tyler is correct, wholesaling itself is not illegal, but some of the ways you market and find deals can be. (bird dogs for example are...you can not pay a fee to an unlicensed person for real estate, there is a perfectly legal way to accomplish that). There are thousands of hours of Youtube videos and dozens of good Facebook groups to get good info, but don't get legal advice from either of those sources. 

I personally do some wholesaling and occasionally will buy from wholesalers and can point you in the right direction of some of the top people in the area that do it. Maybe you could work for them in acquisitions while you learn the biz? I would look into joining the local REIA to get in touch with the investor community and actually meet local buyers, wholesalers, lenders, rehabbers, coaches, contractors etc. It is CFRI(dotnet). The meetings are virtual right now, but you can still get some great info.

Good luck, reach out if I can help more.