All Forum Posts by: Alex Olmo

Should I pay for a title search for a duplex I want to buy from county foreclosure auction? What does a seasoned investor do? This statement on their website: Does the foreclosure or tax deed sale erase all other liens on the property? No! There may still be other encumbrances (judgments, priority mortgages, taxes, or liens) that survive the sale. The winning bidder takes title to the property subject to all defects, liens, encumbrances, and matters of which he/she has or could obtain knowledge. It is the bidder's responsibility to perform all research regarding the property, including the value, title defects, liens, mortgages, or other encumbrances. The Clerk's Office does not guarantee a clear title and is not responsible for any encumbrances on the property purchased at auction.

It's been around for a while. I know some investors use it because it compiles all the information. How do you usually find your properties of market? Do you ever buy from orange county courthouse?

Good question

Does any use Aquestor (Previously IRSFL) in Central Florida?  Its a foreclosure search database.

Mike Hancock. PM me

I can help with any appraisal questions

Potential rent increase?

Numbers do not make sense. Brandon talks about the 1% rule.

Does the price reflect the condition?

Welcome! Orlando is very competitive in 2-4 unit market. Be careful not to overpay. Contact me if you have any appraisal questions!