All Forum Posts by: Mike H.

Ken,

I come across off-market opportunities quite often In BK from fix & flip to conversion and ground up development. I'll send you a FR and exchange emails. 

-Michael

Sarasota / Bradenton?

Hi all, 

I'm originally from Sarasota and invest there as do my family who are in real estate as well. We are looking for any value-add opportunities from flips, conversions and ground up. I'm always open to network. If anyone has any relationships with wholesalers or leads to property with the above criteria I would greatly appreciate an introduction.

-Michael

Danielle,

Are you the owner? I have smaller investors that I represent that are starving for flips. Can you email me the details including address? I'lll need to run comps. What is the board like and sublet policy? If the numbers make sense and board isn't opposed to investors I should be able to act very quickly. 

-Michael

[email protected]

Hi all,

Please see below for a quick setup of the opportunity. 

Hi Brian,

Try going on Acris to achieve the block and lot information. You can also see who holds the deed. Once you have the block & lot number go to the DOF website and insert that in. You can then find where the tax bill is being mailed to.

If you'd like to tell me what your investment goals are I have off-market opportunities quite often. 

-Michael

As a real estate agent you need to disclose that you are a real estate professional whether you are selling your own home (even when you are not collecting a commission) and also when you are purchasing. In my opinion I don't think it is necessary to disclose yourself as a professional in your mail outs if you are operating as an investor. However once you obtain a response I would then let the owner know. 

@Jonathan la rosa

Not yet. I have had a lot on my plate. On my mailouts I've been using my partners signature as he isn't a licensed agent (the safe bet). I am calling my attorney tomorrow and will touch base!

I am in the exact same situation (which is actually what brought me to this post). I believe each state has its own set of disclosure laws pertaining to different situations. I am very curious because I would rather send bulk mail outs in hopes to find a motivated seller as an investor first and agent second. If the property fits a fix/flip or rent and hold great. If not wholesale it and worst case list it. BUT how would you communicate that to the owner! I love the idea of sending a letter and representing yourself as a Real Estate Solution Expert. You come off as the "good guy" and you can leave yourself open to whatever criteria comes your way to determine your best exit strategy. I am discussing all of this with my attorney & managing broker this week and will touch base with everyone.

Hello all,

I have a financing question for one of my exit strategies in a potential investment I am looking at. I would be grateful for your help.

- If I were to pay all cash for a townhouse, put capital improvements and acquire appreciation how long from the day I purchased the townhouse would I have to wait until I could reappraise and finance? Would it make a difference in time if I were to convert the townhouse into two separate condos? Obviously I am speaking after the rehab and conversion are completed. I am just unfamiliar with financing laws...

Thanks,
Michael

Thank you for your concern Jerry. I have a consultant and I recently hired an attorney for the team. Definitely going to be a fun deal. Maybe this could be a good one to start a web-series lol. All kidding aside, I've got to say everyone in the BP community has always been a big help and I'm really grateful. I will keep everyone updated.