Hey all, I need a second set of eyes on this one because I keep going back and forth. Looking at a townhouse in Boynton Beach for a buy-and-hold. Seller is telling me rent is $2,300. I asked for the lease, the actual lease says $2,050 and it renews in 4 months. Purchase is around $285k, HOA is $3...
I have been on the lending side for a while now in Boynton Beach, and I keep seeing the same thing happen. A deal looks good. The numbers work. The buyer is ready. Then it falls apart in the last 10 days, and it is almost never because of the rate. It is usually one of these 3 things: The rent nu...
Hey all, looking for some real opinions here. I have a borrower in Boynton Beach, FL with a 4-plex. He bought it two years ago, fixed it up himself, and now it's fully rented. Current loan is 7.5%. He can refi into a DSCR loan now and pull out about $60k in cash to do his next deal. DSCR comes in...
Hello all! Our coffee meetup in Delray Beach, FL has been going strong for over TEN YEARS! This meet up is not limited to Delray Beach, Jupiter, Palm Beach Gardens, Lake Worth, Boynton Beach, Boca Raton, Fort Lauderdale, Miami or West Palm. ANYONE can attend! It's FREE to attend and FREE of pitch...
I am funding small single family and triplex projects in Boynton Beach FL. Seven projects in last three years, mostly renovations and BRRRR holds. Two things keep killing deals at the last minute for borrowers I talk to: Skip trace numbers that are disconnected. The owner moved two years ago. Ren...
November question for the buy and hold guys — I’m in Delray Beach, 33446 - Monarch Lakes townhouses mainly. I have one that can close mid-Nov - $242k + about $60k rehab, ARV around $420k, rent $2100 low end comps. Rehab done in Jan. My CPA says if I close in Nov and place in service before Dec 31...
I have been focused on one zip code in Delray Beach - 33446 - specifically townhouses in Monarch Lakes and a few around. I pulled 200 owners who have owned 20+ years and live out of state - Michigan, Ohio, New York mainly. I skipped the big list companies and tried to find real cell numbers, 2022...
Hi everyone, I live in VA now but still have a rental in Bexley Park Delray Beach 33445. Bought in 2000s 3/2.5 townhouse, rents 2400 but needs work, HOA and insurance up. Tired of managing from far. For those who sold out of state rentals, did you list with agent or sell off-market speed? What di...
Hey all — working Valencia / Vizcaya / Coral Pointe in Delray Beach 33446. Mostly out-of-state owners from NY/NJ with 10-31 years equity, verified still own via PAPA. Getting wireless numbers (TruePeople 2025-2026) but first-text reply rate is ∼10%. Sent 6 this week, 2 follow-ups. For those doing...
Hey all — farming Delray Beach 33446 (Valencia Falls / Coral Lakes / Bristol) and I hit a wall I think a lot of new investors hit. Pulled 10 absentee list - ran PAPA before I skip traced: Results: 3 were already SOLD (2020, 2022, 2024) - new owner lives there - my list was old 2 were owner-occupi...
Hey all — quick update from my last post on filtering before skip trace in Valencia Falls / Coral Lakes / Bristol / Vizcaya 33446. First batch — 10 absentee pulled — ran PAPA before skip: 3 already SOLD (2020, 2022, 2024 — new mortgages $767k, $775k) — list was old 2 owner-occupied — mailing = pr...
Quick update for new investors in Palm Beach County (33446 / 33445). Last week I was skip tracing first, then checking PAPA/Palm Beach Clerk after. Wasted 6 credits on addresses like 6663 Bristol Lk S Delray — list said last sale 2002, PAPA showed sold again 2020-06-12 to new owner. Old owner gon...
Hello all! Our coffee meetup in Delray Beach, FL has been going strong for over TEN YEARS! This meet up is not limited to Delray Beach, Jupiter, Palm Beach Gardens, Lake Worth, Boynton Beach, Boca Raton, Fort Lauderdale, Miami or West Palm. ANYONE can attend! It's FREE to attend and FREE of pitch...
Hey everyone, Working an out-of-state list in Palm Beach County (Bristol Lakes, Valencia areas). Properties bought 2002-2005, owners in OH / VA / MI. I skip traced one - 6663 Bristol Lk S - list showed 2002 owner. Checked PAPA (Palm Beach Appraiser) and it actually sold in 2020 to a new OH owner....
Quick update from my last 2 posts (818 views on tired landlords, 822 views on PAPA verification — thanks BP for feedback). Farm: Delray Beach 33446 — Valencia, Vizcaya, Coral Pointe. 20-31yr out-of-state absentee owners (NY/NJ/Ohio), verified still-own via PAPA + Palm Beach Clerk (saving skip cre...
Hi everyone, I'm new to wholesaling in Boynton Beach / Delray area. I've been driving for dollars and pulling lists of absentee owners who have owned since 1999-2005 and now live in Ohio, Michigan, Virginia. These are 20-24 year owners, likely tired landlords. For those of you experienced in Sout...
Question for Delray / Boynton landlords - I noticed 1124 Anchor PT, 650 Anchor P area many owners bought 2014-2015 for $350k-$385k now worth $1M+ but still renting. For long-term holders, at what point do you cash out vs keep dealing with tenants/ HOA? Curious what you did when equity hit $600k+?...
Hello all! Our coffee meetup in Delray Beach, FL has been going strong for over TEN YEARS! This meet up is not limited to Delray Beach, Jupiter, Palm Beach Gardens, Lake Worth, Boynton Beach, Boca Raton, Fort Lauderdale, Miami or West Palm. ANYONE can attend! It's FREE to attend and FREE of pitch...