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All Forum Posts by: Mitchell L.

Mitchell L. has started 10 posts and replied 140 times.

Post: Good name for a RE Brokerage company?

Mitchell L.Posted
  • Residential Real Estate Broker
  • Dania, FL
  • Posts 148
  • Votes 34

Hello All-

My buddy is starting up his own RE Brokerage and was asking me for some possible name suggesstions. Anyone have good name suggesstions?

Post: Does HUD pay for past HOA dues on condos?

Mitchell L.Posted
  • Residential Real Estate Broker
  • Dania, FL
  • Posts 148
  • Votes 34

Does anyone whether HUD typically pays for all past HOA dues on the sale of condos?

Thank you

Post: Transferring Title in Property from Personal Name to LLC via Quitclaim Deed

Mitchell L.Posted
  • Residential Real Estate Broker
  • Dania, FL
  • Posts 148
  • Votes 34

Hello All,

If one takes a property owned in personal name and transfers title via quitclaim deed to an LLC for a long-term hold, how bad is this? I read that title insurance is lost and this can be very dangerous in the long-term. Is it possible to take that property and transfer title via a warranty deed back into the same llc or has to be a different one? Any other recommendations for properties that are now in an LLC but transfered via a quictlaim deed that are long-term holds?

Thank you!

Post: Just went through an eviction w/ tenant.. Have a question about suing for costs

Mitchell L.Posted
  • Residential Real Estate Broker
  • Dania, FL
  • Posts 148
  • Votes 34

Thank you for the responses thus far.. There is no option in FL for collecting rent at time of eviction.. Tenant claims to have no money to pay the rent but the first 3 words she told the sheriff when they came to throw her out is that she has the money to pay which is BS.

Post: Just went through an eviction w/ tenant.. Have a question about suing for costs

Mitchell L.Posted
  • Residential Real Estate Broker
  • Dania, FL
  • Posts 148
  • Votes 34

Hello everyone!

I just went through a painful eviction of my tenant who failed to pay rent for december and of course January as well.

I was thinking of suing them for my expenses and what they owe through small claims court for breaking the lease (2 months rent) and my eviction fees, etc... For others who have done this in the past, did you have any success in recuperating your fees? If so, how long did it take and how simple was it as the judge should easily see that stated in lease and tenant obviously has no way of proving they paid rent.. Anything else I should go after?

In additon, when sheriff came to evict tenant, she was still living there and I had to pay someone to get everything out of there as well...

Thank you in advance for all responses!

Post: Thoughts on this Foreclosure Auction Website?

Mitchell L.Posted
  • Residential Real Estate Broker
  • Dania, FL
  • Posts 148
  • Votes 34

Post: Thoughts on this Foreclosure Auction Website?

Mitchell L.Posted
  • Residential Real Estate Broker
  • Dania, FL
  • Posts 148
  • Votes 34

@Travis Daggett

@Travis Daggett

Post: Thoughts on this Foreclosure Auction Website?

Mitchell L.Posted
  • Residential Real Estate Broker
  • Dania, FL
  • Posts 148
  • Votes 34

Im looking to purchase condo properties via Auction..What is the experienced investors thoughts on this website: http://www.browardhomeauctions.com/

As a relatively new investor, what should I take into consideration before going this route?

Thank you all for your help!!

Post: Relatively New Investor-- Thoughts on Auctions

Mitchell L.Posted
  • Residential Real Estate Broker
  • Dania, FL
  • Posts 148
  • Votes 34

I started RE investing last year and have 3 properties free and clear to date. I also flip if the right property comes up.. I recently started looking into auctions and wanted to see what others thought of them for flipping. I'm looking primarily at condos as I know they are safer to invest in as less things can go wrong as the roof and exterior is all covered by the HOA..

I cam across this local website, http://browardhomeauctions.com/ anyone have thoughts on it on whether I should sign up and thoughts on approaching this?

Post: New to BP from Fort Lauderdale, FL

Mitchell L.Posted
  • Residential Real Estate Broker
  • Dania, FL
  • Posts 148
  • Votes 34

Hello All-

Been looking around these forums for a while and decided to join to discuss our passion for RE investing. Looking forward to connecting with all.