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All Forum Posts by: Thomas Dyman

Thomas Dyman has started 16 posts and replied 33 times.

Post: Investor friendly RE attorney

Thomas Dyman
Pro Member
Posted
  • Milton, FL
  • Posts 34
  • Votes 8

I'm trying to find an investor-friendly RE attorney in the Daytona Beach, Florida area. Any referrals would be greatly appreciated. Thanks 

Post: Anyone Wholesaling in Volusia County Florida?

Thomas Dyman
Pro Member
Posted
  • Milton, FL
  • Posts 34
  • Votes 8

My schedule is pretty flexible except Monday eve. and Saturday am.

Post: Anyone Wholesaling in Volusia County Florida?

Thomas Dyman
Pro Member
Posted
  • Milton, FL
  • Posts 34
  • Votes 8

@Michael Hawrylak I'm a flipper/rehabber in the Daytona area and would love to connect with you or any other wholesalers in the area. I have extensive construction experience and would be happy to help you with inspections when you get some properties under contract. I know a lot of new wholesalers have trouble putting together proper scopes of work at first. I'm also very interested in networking and partnering. Let me know when you're available and we can get together for a meal. My treat.

Post: Active investor, Local realtor, Seek partner, JV, split, time

Thomas Dyman
Pro Member
Posted
  • Milton, FL
  • Posts 34
  • Votes 8

Hey Matt, I'm currently splitting my time between Daytona and Pensacola. I'm very interested in the Flagler area as well. I would be interested in getting together and talking about possible JV's sometime. If you ever want to get a bite in Flagler let me know and I can run up there.

Post: should I switch property from LLC to personal for better financin

Thomas Dyman
Pro Member
Posted
  • Milton, FL
  • Posts 34
  • Votes 8

I have a property that I am considering using the BRRRR strategy on. My current options are switching it from my LLC to personal and getting 75% of appraisal as a cash out refi for 30 yrs at 5 - 5.5 % or leave it in the LLC and get 70% of appraisal on a 5year ARM with 30 year amortization, or a 15 year fixed at 5.5 - 6%. Anyone have any thoughts, I'm a little unsure about the 5yr ARM and future volatility in the market.

Post: How to handle evictions at small pay weekly motel in Florida

Thomas Dyman
Pro Member
Posted
  • Milton, FL
  • Posts 34
  • Votes 8

I have a small motel under contract in Daytona Beach Florida. I am in the due diligence period and have some questions on evictions. The motel rents by the week and is actually pretty clean with some long term tenants and few problems. However, during the last hurricane, and at other times in the past, they had a few people that would not leave/pay due to not having anyplace to go. The manager said it took 28 days to get them out. I know if I stay at say a Marriot and refuse to leave at checkout it would be handled differently. Is there anyone out there with experience dealing with this type of situation or that can point me in the right direction. I'm wanting to understand this possible headache or find out how to mitigate it. Thanks

Post: Bad credit tenant wants to buy

Thomas Dyman
Pro Member
Posted
  • Milton, FL
  • Posts 34
  • Votes 8

Just curious as to where in Florida it's located? I am an investor in Fl. and work in Volusia, Flagler, Brevard Santa Rosa, and Escambia counties. If I can be of any help please feel free to reach out.

Post: major rehab not for the beginner

Thomas Dyman
Pro Member
Posted
  • Milton, FL
  • Posts 34
  • Votes 8

Yes, very rewarding. I'll try to get around to posting pics. I literally converted it from an off grade foundation to a slab. It was my first time driving a bobcat inside a house, I had to bring in 80 ton of fill and compact it.

Post: single family flip spokane

Thomas Dyman
Pro Member
Posted
  • Milton, FL
  • Posts 34
  • Votes 8

Mike M. I'm spending my time half and half. I'm working on getting into larger multifamily and there are way more available down here than in Spokane.

Post: single family flip spokane

Thomas Dyman
Pro Member
Posted
  • Milton, FL
  • Posts 34
  • Votes 8

 Kristin Whitaker, I bought it around June of last year and sold in Oct. It was looked over by many investors due to the condition and most thought 25k was too much.