All Forum Posts by: Shawn McCormick

Hi @Matthew Ruderman, I am an agent/investor in the Orlando market and would be happy to discuss how I may be able to help you, reach out anytime!

Hi @Melissa Howell I'm in Orlando also and do a fair amount of flipping. I would be happy to talk to you about some of the challenges, benefits and strategies that might help you out. Finding properties under 100k will be challenging enough unless you go pretty far out from Orlando. The seasoning period of 90 days is mostly due to the end buyer of your flip using FHA for financing, which doesn't allow for that.

Good luck and look forward to speaking with you soon.

Hi @Teresa Sargeant. Let me know what you are looking to do specifically (buys and hold, flip, lend private money, tax liens, target probate, foreclosures, short term rentals, multi family....so many areas. What is your preferred niche', what do you need help with? Reach out if there is anything I can help with. 

Good Luck!

Hi @Jeremy Sainlar I have many colleagues both Realtors, wholesalers, landlords etc that use either of these two that are stellar in this space as both are actually active investors themselves and fully understand all aspects of RE. I am not allowed to post their contact info here, but you can look them up.

Sean DiMercurio CPA CGMAPartner | The Heroes Group LLC
 www.theheroesgroup.com

James Duerr

http://www.sbrorlando.com/about-us.html

Hi @Allen Szlafrok, 

I am a local Realtor and investor in Orlando. Let me know if there is something that I might be able to assist you with. I obviously have access to MLS properties and am also well connected to the wholesaling community here as well.

Reach out anytime.

Hi @Maggie Lundstrom I live in Olrando and don't know too much about the Space Coast other than it is set to make a big comeback and values are rising quickly. One thing is knowing your comfort level of handing off your rental to a property manager. Do you plan to self manage if it is closer to your home? Either way you should include the cost (8-10%) in your evaluations of a property, because at some point, you will likely turn it over to one.  And if in Orlando, do you know what to look for in a PM? Self managing can be tricky if the tenant knows you are the owner and can take advantage of that and you'll be 'on call' all the time for repairs etc. ( I like to hold properties in a trust and to the tenant, I am just the property manager as the trust hides the owner info).

I would be happy to help in your search or provide insight into some areas of Orlando that are strong. Feel free to reach out anytime! Good Luck!

Hey @Yosef Ajami. I know plenty of investors making the BRRR work here in Orlando. The best opportunities are well outside of Orlando itself and there is plenty of competition in this market for affordable deals. The strategy can work most anywhere, we have enjoyed great appreciation here over the last several years and no sign of that slowing down. Do some homework and assess your risk and desire for the area. Happy to talk over specifics if you need.

@Riley Breck sounds good. I live in Clermont and work in all of those areas so I would be happy to provide any insight or help I can. I have private and hard money and several great traditional lenders I can put you in touch with when you are ready. I can put you on a MLS search alert for properties that match your criteria too. Let me know.

Hi @Riley Breck. I am a Realtor® and investor in Orlando. Thank you for your service, I hope that you and your family are doing well. What type of partnership are you looking for? I JV on all types of deals and would be happy to discuss if I can help in any way. Are you looking to use your VA benefits to purchase (must be owner occupied), pay cash or other type of loan. What area(s) are you looking at.

Hi @Lawrence Cersosimo. I agree with Arturo. I have been licensed since 2006 and it has benefited me well. One example is that I do may creative deals (I buy subject-to, zero down, all cash etc). So when I come across people that have a motivating factor to sell, I can offer them more solutions than most investors that usually only offer a formulated cash offer. I am doing another short sale for a family I met was in trouble. In Florida, a short sale has to be listed with a licensed agent, so I would have had to hand that off to someone else if I wasn't licensed. Instead, I get to list it for sale and get 3%, I get to be the buyer and make profit from the flip and I get to get another commission when I sell. I would be leaving money on the table if I wasn't a Realtor®.