All Forum Posts by: DJ Brooks

Hello everyone! I am in escrow for a subject-to deal that I will be using as my primary home. I only know the basics when it comes to creative finance. I am worried about the due on sale clause as most people are who are purchasing a subto property. I need advice. I've heard a trust is the best way to structure it. But someone mentioned an LLC would be better. What are your thoughts? I also need referrals for attorneys who can help me with this on the fly! And not too expensive haha. I'm in the Tampa area. Thanks!!

Thanks Nicholas! I've been driving around and doing driving for dollars around my area. So I can get a feel for the different neighborhoods. But its nice to know the stats(average home price, population, growth or decline, etc.) while looking around the neighborhoods. Just to put numbers to what I am actually looking at. But yes I do believe doing on the ground recon is a sure way to get a better understanding  

I guess if you were going to do your own research in an area that you do not know... what do you look for and are there any immediate sites you pull data from to get a better idea? I guess you can always reach out to BP and agents...but how do you fact check them?

Where do you get you stats? Any great resources that help you determine the real estate market data on 1 site? Or do you use multiple sites to find data? What data do you normally look for when determining if it’s a good investment and why? Thanks for reading!

Thank you for your reply Kenneth. I will definitely reach out to the city and see what I can find out. I just didn't know if there is a different process or something. But maybe the city will have those answers. We'll see what happens, Thank you again!

Has anyone delt with condemned property? I’m trying to wholesale a single-family property that has EPA issues. Does anyone have experience with this type of property? Risks? Rewards? Process? What should I look out for and how would you structure the deal differently? Thanks!

Thank you for reaching out Carolyn. I will definitely keep you in mind! Ive been to siesta key, Ana Maria, and Sarasota since Ive been down here these last few months. But still need to learn the area so I will reach out if I need some location insight. If you need anything from me up here, feel free to contact me! Even if it's showing a house or something. I gotchu!

Has anyone delt with condemned property? I’m trying to wholesale a single-family property that has EPA issues. Does anyone have experience with this type of property? Risks? Rewards? Process? What should I look out for and how would you structure the deal differently? Thanks!

After listening to the Bigger Pockets Podcast, reading their books, and following their content for years, I finally joined the community! I look forward to connecting with everyone and learning from you all. Let's bring value to each other! A little about me... I recently moved here to Tampa, Florida from Ventura County, California where I practiced real estate as a sales agent. I got into real estate for investing and have been house hunting for investors since the start of my RE career a couple years ago. Now I am licensed here in Florida focusing on retail and wholesaling. It's time to build my network on the east coast! So please comment or message me to connect. I also have connections in California if you're in need of that. Thanks for reading and I hope everyone crushes it 2023!!!