Corbett Brasington
How to prequalify clear title from off market motivated seller?
What is the best way to prequalify that a property is clear and can actually close, assuming its a good deal? I have prop stream and have can use their service to pull warranty deeds.
The assumption is I am dealin...
Garret Collins
How does Collier Companies make money?
How does a company like Collier Companies that focuses on apartments make money? I thought investing in apartments takes many years to get your initial investment back. How did they become the company they are today f...
Mark Bosworth
Quit Claim Deed not reflected on Property Appraiser's Site?
I'm sending letters to properties that appear either vacant or not well maintained in my local area (FL). I searched the property appraiser's site and found the person that the county says is the current owner. Howe...
Account Closed
Subject to or wholesale deal???
Hello BP family, I came across an interesting deal. I found a house that has people who are behind on mortgage and in pre foreclosure. The owner cannot pay due to having a stroke and wants to sell or have someone tak...
Jake Ford
Review my Purchase Option Agreement?
Hi BPers,II have drummed up a Purchase Option Agreement, and was wondering if anyone would like to review it. It is obviously okay to edit/ tweak and use as you see fit. If you are interested and have an email availab...
Kent Renshaw
Besides filing a Memorandum of Agreement, how does a contract buyer protect contract seller from mortgaging the property. And if they do, who is first in line?
Scenario: Contract buyer and seller enter into a Contract for Deed. Buyer immediately files Memo of Agreement in the situs county. All goes well for two years and Seller applies for loan. Mortgage Lender realiz...
Raymond Richey
HOA is amending bylaws to prohibit rentals, how do I fight it
I have a property in a small neighborhood with an HOA. They announced the annual meeting with banning rentals on the agenda. I have owned this home since 2008, and lived in it from then to 2010. This is an "amature...
Frank DiGiorgio
Tax Question - Florida Condo
Hi All,I recently sold a single family home in Orlando - Bought for $378k, Financed $275k invested $100k, sold for $640k just over a year later. Within one week I bought a condo for $275 in Tampa and paid cash. I...
Kiet N.
Tax sale: other way to clear the tittle question !
By searching/reading in BP, I have learned that after the barment period expires, the "clouded title" can be cleared by quiet title action. I believe someone also mentioned about "wait 4 years", but there is very lit...
Jorge Abreu
The Process Of Investing In Your First Real Estate Syndication
When it comes to investing in real estate, most people are fairly familiar with the process of buying a single-family home or rental property. You choose the market and neighborhoods, determine how many bedrooms and b...