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All Forum Posts by: Account Closed

Account Closed has started 9 posts and replied 25 times.

Post: Mortgages for less than $100k

Account ClosedPosted
  • Rental Property Investor
  • Palm Beach, FL
  • Posts 30
  • Votes 19
I have always heard that you couldn’t get a mortgage on a property under $100k. I never knew why you couldn’t I just accepted it as fact. Do you or anyone you know have any experience with these less than $100k loans?

Post: Exclusive 7 Different Properties - Palm Beach Florida

Account ClosedPosted
  • Rental Property Investor
  • Palm Beach, FL
  • Posts 30
  • Votes 19

Still have the single family 3/1 in Riviera?

Post: 8 unit apartment complex, what now?

Account ClosedPosted
  • Rental Property Investor
  • Palm Beach, FL
  • Posts 30
  • Votes 19

This is what we gave to the current tenants of the last six unit I closed on.

To whom this may concern,

I would like to take the time to introduce myself as the new Landlord of 1234 50th Street, Palm Beach FL 33404. All payments, maintenance requests, and correspondence need to be sent to me personally. You can call my phone/directly at 561-xxx-xxxx.

If you currently use an automatic draft, cash deposits or electronic payment for your lease payment, please contact your financial institution immediately and take the necessary steps to transfer the automated payments. Call the phone number above for details about the routing number.

I have included a Tenant Information Form for you to fill out. Please complete this form and return it me at your earliest convenience. It is important that we have all your important information updated for our files.

Please provide us with a copy of your current lease and receipts of any security deposits.

I look forward to providing you with exceptional management, including prompt maintenance service, as well as maintaining a safe place to live.

Sincerely,

Max 

The Tenant Information Form is something you can very easily find a template for online. Its a basic way of the information you feel you need. 

Post: Best brokerage to join for investment focus in West Palm Beach

Account ClosedPosted
  • Rental Property Investor
  • Palm Beach, FL
  • Posts 30
  • Votes 19

Hello,

I am an agent currently looking to move to a brokerage firm that focuses on investment properties over residential/rental.

I've owned/managed property for four years now and I would love to be around people that are similar.

I am currently in the West Palm Area.

Any suggestions/ideas would be greatly appreciated.

Thanks,

Max

Post: Looking to pull cash out of free+clear 4 Unit in West Palm Beach

Account ClosedPosted
  • Rental Property Investor
  • Palm Beach, FL
  • Posts 30
  • Votes 19

Hello,

I own a quadplex in West Palm Beach-Riviera Beach, Florida and I am looking for some recommendations of banks (large or small locals) to pull some cash out. 

I have owned it free and clear under an LLC since 2014.

Have not done a refi before so any tips/ideas would be greatly appreciated. 

Thanks, 

Max