All Forum Posts by: Corey Scott

Kyle Bronstein this is interesting but here's a few issues. First, when looking for renters generally price matters. It's easier to find a renter to pay $1000 a month and add electric (even if it's 300/mo) than finding one to pay $1200 with electric included. They are just not generally as sophisticated of a buyer. Also, here in south Florida electric bills vary greatly with the seasons. My bill in August is double what it is in February. So it will be hard to get consistent numbers that are measurable to the renter. Then there is the fact that the panels on the roof are just another thing that can break/leak/blow away/get stolen/god knows what else. Most landlords like simplicity. I am not sure about the tax benefits but I would assume it would start to raise flags if you use it more than once. This is something I personally avoid at all costs. The biggest barrier that I could think of is capital investment. Most investors want to get more properties, which in turn produce more revenue. With a $20-25k price tag you can leverage another property instead of having these panels. Just my 2¢.

Boca and Delray are higher end. Not a lot of cash flow in most deals you will get there but those areas appreciate like crazy. That being said I kinda feel like we are near a peak of the market...but what do I know.

Just my 2 cents. Contractors will get things done in half the time if getting paid by the job. Hourly workers do everything ssssllllloooowwwwllllyyyyyy.

Just reread that and I need to start proofreading my posts!

They mail them out because only arms length sales are considered for property appraisals. So if you bought it from a bank or other distressed seller it won't be used as a comp for determining the appraisal value of the neighborhood. So I guess if you got a good deal then say it was a regular sale and if you paid a lot say it wasn't.

Lol, as much as it hurts to let her win the easiest thin to do is pay her to go away and move on.  I would highly doubt she would sue you as you didn't really do anything wrong.  You sent a professional to fix the door and he said it was fixed.  If you sued her it probably wouldn't do you any god and she doesn't sound like sh has much so you would just get a judgement to hang on your fridge. Although, it would likely get many cheers from the BP crowd.

A great idea to ensure you never get into one of these situations again is to sell your house to me (I'm local) with seller financing.  This way I will deal with the problems and you will just get a check in the mailbox every month (more likely deposited into your account, no one mails checks anymore). Sorta joking but actually serious!  Message me.

You can just require a sizable deposit and short inspection period. Wholesalers won't be able to deal with this. If they can then they are just as good as a cash buyer, who cares if they make a few bucks also.

So I have read you must give a deposit in Florida to make a contract legally binding. Is this true and if so does anyone know the minimum amount?

@Everyone Well, I ended up working out that deal so it worked out. But just for my knowledge, how can you cloud a title if a buyer tries to backout and take a better offer?

This was on a standard realtors contract.