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All Forum Posts by: Matt Berklacy

Matt Berklacy has started 270 posts and replied 444 times.

Post: Company to Buy Your Property or Partner On Deals in Fl. and Ga

Matt BerklacyPosted
  • Rental Property Investor | Realtor
  • Jacksonville FL | Savannah Ga |Raleigh NC
  • Posts 467
  • Votes 161

Florida/Ga. based company loves to talk to sellers, partner up, leverage time, make $. We want to buy your property, or follow up on your property owner lead to close a deal.

Weather you are a wholesaler, agent, or owner looking for a buyer.

We want to be your buyer and follow up machine. We want to see your property that you can't find a buyer for.
We want to know about your property that isn't market ready, need repairs, and needs love, and you cant find a buyer for. We want to know about a lead you have, that you cant follow up on, too busy, or dont have the time, money or expertise to close on

We have a lot of resources that we want to put towards buying properties today but we need help finding them. We have the money, expertise, contracts, staff, and mentoring.

Send us what you have, no matter how cute, imperfect, unloved or complex, and let's leverage time, and make money together!

Our Buying Criteria

Single Family Homes, Duplex, tri-plex, 4-plex. Apartment Buildings, Houses.

Multi-Unit Properties (4/8 plexes, 10-100 unit apartments)


Florida & Ga. (all). North Florida, South Ga. especially. Florida Jacksonville, Duval, Clay, St Johns County, Saint Augustine & Nassau County, Fernandina beach, Yulee, Flagler; Palm Coast, , Volusia; Ormond, and Orlando.

Georgia, Camden County Ga, Kingsland, St Mary's, Glynn County; Brunswick, Chatham County, Savannah Ga.

We have bought in ALL areas of NE Florida, and South Georgia

Our Acquisition strategy is to talk to sellers, get a contract at the right price and assign it to finance partner, or close and renovate to airbnb it.


Send us any property, deal and owner seller lead you may have, and lets partner on it.

We are also looking for you to follow up and be our boots on ground to us. Lets work together. 2 or 3 heads on a body are better than one, sometimes.

Agent, YES YOU, licensed Agent and Realtor!

Represent us on a deal you think you have, & get BOTH sides of the commission!

Wholesaler,

Share your leads you cant close on or who wants retail. 25%+ on the deal, profit!

Airbnb Home Buyers Company
[email protected]
904.878.2699


Post: deal partner to follow up leads, calls, very p/t, joint effort

Matt BerklacyPosted
  • Rental Property Investor | Realtor
  • Jacksonville FL | Savannah Ga |Raleigh NC
  • Posts 467
  • Votes 161

- We want that special personality to follow up on warm leads generated from cold calls.

- These leads are 0 to 3 a day - 15 to 30 minutes of work - work remote - independent - keep follow-up system - keep data organized - build follow-up data-base of sellers - compensated by closed deal.

You are not be making a cold call. You are making an out-bound follow-up call that's warm.

This call you make is:

- intent to learn how to talk to a seller better each time, qualify seller, assess needs, situation, what/where is it, build rapport, ask condition, establish ARV (perfect condition retail value), amount seller wants and needs to get sold, formulate offer number, give verbal offers, fill out written purchase/sale contract, follow up in another1-2 weeks, build and organize seller data base into a follow-up system, track and enter info in a dialer database.

Compensation:

You're a partner in the deal.  Upto 20% of wholesale profit fee. (remote)

- If you're local, set own appointment, see the seller & property, take pictures:  upto 35%  of wholesale profit in the deal.

- all payable at successful closing.

- position is remote, very p/t, compensated for deal done, is a good learning experience - working together - trust - real life lessons and learning.

In addition, not requirement, you will be on-call, for an inbound call routed to you (0 to 3 a day).

Send a little about you, interests to [email protected]   

back-up is 904.878.2699

We are small company of local licensed agents, based North Florida, Jackonsville, Florida suburbs. We buy to wholesale, we sell contracts, and we also list retail, we fix-flip, buy airbnb to lease out, and are landlords.  We own property in Raleigh NC, Cary, Jacksonville, St augustine.

Our marketing target is North Florida, and South Georgia. Secondary, al of Florida, Georgia, SC, NC...

We can get into contract to wholesale, the entire USA,

Post: when seller asks to stay past closing, how is best handled?

Matt BerklacyPosted
  • Rental Property Investor | Realtor
  • Jacksonville FL | Savannah Ga |Raleigh NC
  • Posts 467
  • Votes 161

From a learning perspective and I am concluding, 

1. a simple addendum to an existing purchase/sale contract saying seller can stay x days post closing, etc,etc, does not suffice at all...

2. a best option is to move closing back, 

3. and a last option is to create a "lease agreement" or "post occupancy possession agreement", I assume same thing. that needs to be written with strong terms of protection, and it is handled completely separate from the closing transaction.

Post: when seller asks to stay past closing, how is best handled?

Matt BerklacyPosted
  • Rental Property Investor | Realtor
  • Jacksonville FL | Savannah Ga |Raleigh NC
  • Posts 467
  • Votes 161

i love you all, thank you .. for sharing your being in the trenches experiences and wisdom..

Post: when seller asks to stay past closing, how is best handled?

Matt BerklacyPosted
  • Rental Property Investor | Realtor
  • Jacksonville FL | Savannah Ga |Raleigh NC
  • Posts 467
  • Votes 161

in this transaction, my assignment of contract and original purchase/sale contract is already signed off by end-buyer, deposit is made by end-buyer, and closing set.

Seller asked, after the fact, if can stay 14 days free after closing. i asked end buyer, he verbally said ok, and he also offered monthly lease-back at fair rate to seller. Seller asked for addendum to contract stating that extention, and asked if i (assignor) and end-buyer sign.

Q. is a better solution, that buyer and seller sign a lease agreement stating 2 weeks free to stay after closing? And a month-to-month agreement set up to default after that?
(Q if separate agreement or addendum to original is used, is assignor (me) even involved or needed to sign anything at this point, as end-buyer already has assigned contract agreement of seller.)

any experienced, or settlement company, please chime in, in this supposed common scenario, thanks

Post: best way for 2 like-minded to form legal entity for acquisitions

Matt BerklacyPosted
  • Rental Property Investor | Realtor
  • Jacksonville FL | Savannah Ga |Raleigh NC
  • Posts 467
  • Votes 161

What is best way for two like minded individuals to come together into (and form) a joint entity for acquisitions, systems, roles, and distribution ?

1. a real estate attorney to form an llc for acquisitions and with an operating agreement, saying all members have to sign off on any money spent or taken out, expectations, and distribution %?

(weather 2 wholesalers, flippers, or buy/hold, doesnt matter..) .

thx, matt, Florida, agent wholesaler, jacksonville

Post: distribution of jv agreement fee at closing transaction is..

Matt BerklacyPosted
  • Rental Property Investor | Realtor
  • Jacksonville FL | Savannah Ga |Raleigh NC
  • Posts 467
  • Votes 161

My LLC is under contract with assignment contract, assignment fee paid at closing.

if there is a JV agreement involved, would I instruct closing company to distribute payment to jv'er, or does my llc pay that out to jv'er separately.

what are the options how to communicate and execute distribution?

Post: Hoarder house is so bad, how to estimate reno, inspect, know #'s

Matt BerklacyPosted
  • Rental Property Investor | Realtor
  • Jacksonville FL | Savannah Ga |Raleigh NC
  • Posts 467
  • Votes 161
ok, lets connect,..i might have a 4 plex coming, local ga, next door county, and I had a junker mobile to be removed on 1 acre fernandina beach, no impact fee..you might have liked . that for your portfolio....
id like to know you..
the hoarder house is unnerving,,..i thought 3 dumpsters was a big deal, and jay had 64 dumpsters ..so i feel better..

Originally posted by @Dana Whicker:

@Matt Berklacy Hi Matt, I don't think we've met but I could be mistaken. I have experience with a local hoarder house. I'd be glad to take a look with you. Pm me if interested.

Post: Hoarder house is so bad, how to estimate reno, inspect, know #'s

Matt BerklacyPosted
  • Rental Property Investor | Realtor
  • Jacksonville FL | Savannah Ga |Raleigh NC
  • Posts 467
  • Votes 161
thank you !

Originally posted by @Jay Hinrichs:

we buy hoarder houses frequently they are the best money makers.. 

most we end up having to bull doze though because they are rotten to the core.. 

we had one I took 64 dumpters out of the place that included the house though too.

you just have to figure your going to replace everything.

Post: 1031 exchange, personal/rental to llc, and ways to extend4 deal?

Matt BerklacyPosted
  • Rental Property Investor | Realtor
  • Jacksonville FL | Savannah Ga |Raleigh NC
  • Posts 467
  • Votes 161
thank you Dave!

Originally posted by @Dave Foster:

@Matt Berklacy, There's quite a bit of flexibility in your first question.  Any type of property will qualify for your 1031 exchange as long as your intent is to use it for productive investment use.  That includes a property that you use some for personal use or has a split use component (like host quarters in a BNB).  There are some tax reporting limitations an consequences depending on direction you choose but these should not hinder your ability to complete the 1031.

The entity component of it also gives you some room. It is the taxpayer who must remain consistent from sell to buy. That can be different than who is on deed. If you want to sell as yourself and then buy as a single member LLC choosing to be taxed as a sole proprietor that would be fine. the reason is that the LLC will not file it's own tax return. All activity of the property will be reported on your personal tax return where it is now. So the tax payer is not changing.

The other question is as black and white as it gets - there are no exceptions and not extensions of the 45 day list for an individual client.  Occasionally in a national disaster Congress will extend some reporting deadlines like the 45 day list.  But that's for entire regions never for an individual.  So don't wish that on us :)


Some things you can do though - 

1. Start shopping well before your old property closes .  If you find the perfect property get it under contract even before your sale happens.

2. Use contingencies (both on sale and purchase) to extend closing dates so you have more time to shop.

3. If it's a market where finding a replacement is so much tougher than selling - use a reverse exchange.  Your QI purchases the new property and holds it for you prior to your sale.  So you have complete control of the new property but no ownership of it and it qualifies still as your replacement property.