All Forum Posts by: Ashley Davis

Hey all! Got keys today! The apartment is in pretty good shape. 🙌 Sight unseen auction works if you know the building, know the comps and expense in the highest rehab... and with it being tenant occupied for the last year, it shows its livable. I know ya'll thought I was crazy but if you do your research, you can win big!

2 Votes

Originally posted by @Benjamin Haberman:

@Ashley Davis

I’ll let you know when we are done with eviction.

I still havent been in the house lol

We bought for $136 The house next door sold for $489

Oh damn! Then who cares what it looks like right now. Haha. keep us posted!

0 Votes

Originally posted by @Benjamin Haberman:

@Ashley Davis nice work. I actually just purchased a home last week sight unseen with a tenant (squatter) in it. I called an attorney the day of closing and started the eviction process. We first sent him a letter offering him $2k to leave. He called back attorney saying he just replaced the hot water heater and that he wants to be reimbursed for it. He also mentioned he would be late paying rent Long story short i told the attorney to just keep moving. The eviction costs us $750 but well worth it.

I wouldnt knock on the door.

GOOD FOR YOU!! That's a great turnout. $750 sure beats $2k. How long did the process take for you? Also, how was the house? I still haven't gotten in to see the condo but I'm told by the association that the tenant is turning keys over Saturday. She already moved out!!! Got lucky with that!!!

BUT the HOA is already talking about the unpaid HOA fees from the previous owner. HOA is low and I factored in misc. expenses but I keep reading different things: I am NOT responsible or that they cap it to like 6 months... I don't think I should be responsible for maintenance fees when I didn't own the unit. I know laws differ from state to state. Does anyone know where I can find the proper info on this for Florida??? Or an attorney that can get me out of them, lol. Helppp FLORIDA BP people :)

1 Vote

WOW congrats! #GOALS

2 Votes

Dear all. You're not going to believe this but I went to leave the note on the door today to find out that the tenant has already moved out. Picking keys up from the association later today.

2 Votes

Originally posted by @Account Closed:

When people say you are a lot Braver then me, a lot of times its not a compliment. Say this liddle condo deal works out , fine. Your business model is still bad. The next deal you might buy 3 sight unseen condos and it goes BOOM. You lose your first deal profits and find yourself underwater to the tune of $200,000.

Hope this helps.

Hi Tom. She said congrats on your purchase. So I said thank you. And the fact that I am brave, is what got me this far at 30 years old. But thanks so much for your input. I would only buy after doing the research behind it. It's not like I closed my eyes and said "I'll buy this one." I will for sure keep you updated with the profit made though. Oh and little*** not liddle :)

2 Votes

Originally posted by @Judy Parker:

@Ashley Davis You bought "sight unseen?" You are a lot braver than me! Keep us updated when you finally gain access. We want to see photos! And congratulations on your new purchase!

For sure, I will post pics for you as soon as I get. Thank you Judy!!

1 Vote

Originally posted by @Rocio Zamora:

Hi @Ashley Davis Im from the Miami area too. I just purchased a SFH about 6 months ago with an existing tenant. The way approached the situation was like you are planning to do it. I personally went by the property, introduced my self as the new owner and verbally made them a cash for keys offer. Unfortunately, in my case he was asking for way too much cash and honestly that would have not guaranteed he was moving out. I ended up hiring a legal firm to file an "Unlawful Detainer" lawsuit. The firm I used was Kelly Grant Law http://www.floridaevictionlawyers.com/ Their price was really reasonable. After a month and a half for filing the lawsuit I had possesion of the property. Good Luck!

Thank you!! This is super helpful. Cross your fingers that I won't get to this point! But I know it's a big change it will. So thank youu!!

0 Votes

Originally posted by @Tom Gimer:

I'm going to add "Account Closed" as a new keyword alert.

With respect to the tenant, until you obtain possession the numbers and condition are irrelevant.

You missed all the fun from the guy who had no investment properties but a lot to say. Too bad! Ha.

1 Vote

I LOVE THIS IDEA!! Thank you

0 Votes

All Forum Posts by: Ashley Davis

Ashley Davis has started 7 posts and replied 38 times.

Post: Closing today / Tenant occupied foreclosure.. what would you do?

Post: Closing today / Tenant occupied foreclosure.. what would you do?

Post: Closing today / Tenant occupied foreclosure.. what would you do?

Post: CLOSED on a 98-unit TODAY!

Post: Closing today / Tenant occupied foreclosure.. what would you do?

Post: Closing today / Tenant occupied foreclosure.. what would you do?

Post: Closing today / Tenant occupied foreclosure.. what would you do?

Post: Closing today / Tenant occupied foreclosure.. what would you do?

Post: Closing today / Tenant occupied foreclosure.. what would you do?

Post: Closing today / Tenant occupied foreclosure.. what would you do?