Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Susan K.

Susan K. has started 21 posts and replied 182 times.

Post: Florida Real Estate / East vs West Coast

Susan K.Posted
  • Real Estate Agent
  • Palm Beach Gardens, FL
  • Posts 190
  • Votes 123

Some people prefer the Atlantic over the Gulf.  I've lived on both sides and agree SW FL is less expensive than SE.  It is starting to catch up though.  Long gone are the days when living in Florida was "super cheap."

SE has a better ocean breeze due to the direction it blows majority of the time.  This keeps it slightly cooler than the SW.  I prefer the Atlantic side, but it is so hard to find a deal these days.  I'd like details on exactly where these "deals" are 30 minutes north of Boca.

Post: BRRRR Leads in South Florida

Susan K.Posted
  • Real Estate Agent
  • Palm Beach Gardens, FL
  • Posts 190
  • Votes 123

I've been looking for a deal in South FL (PB County) for a long time.  Very hard to come by to get the numbers to work as others have said.  Prices are still to high IMO.  Maybe they will drop toward the end of the year due to Covid.  Time will tell.  I have sent out postcards before with little luck.  I am also on many wholesaler's lists, but unfortunately I need to pay what they have paid to get the numbers to work.  

Post: Rehab Floorplan Feedback Needed

Susan K.Posted
  • Real Estate Agent
  • Palm Beach Gardens, FL
  • Posts 190
  • Votes 123

The existing plan has both bedrooms off the kitchen, so I wouldn't worry about it as far as noise.  More noise may come from the living area where there would be a TV is what I'm thinking.

Post: Rehab Floorplan Feedback Needed

Susan K.Posted
  • Real Estate Agent
  • Palm Beach Gardens, FL
  • Posts 190
  • Votes 123

Tough call.  If you are flipping this I would run comps on 3/2's and 3/1's.  See what the price difference is.  I like 1B though because you can use that dining room as a flex space as well.

Post: Need help possible funding scam!

Susan K.Posted
  • Real Estate Agent
  • Palm Beach Gardens, FL
  • Posts 190
  • Votes 123
Originally posted by @Jay Hinrichs:
Originally posted by @Susan K.:

Mother of all scammers was Remington financial  see American greed episode  and google Ingrid Robinson she took them down.. They made a living taking in 5 to 10k due diligence fee's or fee's for credit lines then never funding.. in 20 some years they estimated they funded only 11 loans.. and took in MILLIONS 5k to 10k at a time. 

 Yep, I wish I knew a decade ago what I know now.  Disgusting!

Post: Need help possible funding scam!

Susan K.Posted
  • Real Estate Agent
  • Palm Beach Gardens, FL
  • Posts 190
  • Votes 123

I am reminded of how I was never able to get back my "credit line security deposit" "facility fee" from Brookview Financial.  I will never give anything up front!  School of hard knocks!

Post: Why is unpaid rent so high?

Susan K.Posted
  • Real Estate Agent
  • Palm Beach Gardens, FL
  • Posts 190
  • Votes 123
Originally posted by @Nathan Gesner:

The problem is that media is such a mess, I can't tell if they're manipulating facts to push an agenda if they're just really bad at their job!

All of the above!

Post: The Best Use Of MLS Access

Susan K.Posted
  • Real Estate Agent
  • Palm Beach Gardens, FL
  • Posts 190
  • Votes 123

I vote yes, get it. It is great for reviewing comps, monitoring the market etc. even if you are only doing your own deals. I actually pay for two MLS systems because I'm on both sides of the state at times. Also, another great program you would get is IMAPP which goes right into the county data. MLS is a great tool and I would be lost without it.

Post: The death of the NO INCOME verification loan

Susan K.Posted
  • Real Estate Agent
  • Palm Beach Gardens, FL
  • Posts 190
  • Votes 123

Good advice from Joe Splitrock.  That is what I would follow.

Post: Lost my job after a signed purchase agreement, need advice.

Susan K.Posted
  • Real Estate Agent
  • Palm Beach Gardens, FL
  • Posts 190
  • Votes 123

If you are not comfortable with moving forward then get out.  The financing contingency will save you since you lost your job, as the other poster mentioned.  Should not be a problem to cancel the contract at all.