All Forum Posts by: Account Closed

Yes there are sites that compile all this but of course they are paid sites. I research and market to people that are in distressed situations to get off-market deals. I work pre-foreclosures, tax deed auctions, probate, expired listings, code enforcement liens to find deals. 

Central FL has great off-market deals. 

Central FL is a great place to find off-market deals. 

Central FL is a great place to buy many off-market properties. 

Are you a licensed agent?

And if it is a company then go to the states business name registeration department to get the owners names and addresses. Here in Florida is it sunbiz (dot) org.

Probates are a very good investment method but it does require a lot of extra effort to find the right people to contact and to negotiate the deal. Remember when we are talking about a probate property where an elderly (typically) person has passed away and more often than not they will have lots of equity. And the heirs want their money! But I DON'T recommend to go after any property that has more then 2 heirs because it will be extremely difficult to get them all to come to a consensus as to what they want for the house and the fact that most of them will typically be scattered all over the country making it very difficult to get all the documents signed by them.

It all depends on what you want or need in your investment. Each investor will give you a different number for income per door? What do you need?

I work with 2 lenders here in Orlando but they all require you to put up some money. As an example for a buy and flip you can get a 90% loan to buy the property and rehab it as long as the total borrowed is not more than 70% of Appraised value. It is for no longer than 1 year but you have to put up some cash. 

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